Washington’s minimum wage goes from $17.13 to $17.73 on January 1, 2027. Here’s how the increase affects nonprofit budgets, payroll, and overtime-exempt salary thresholds, plus steps to take now.
What Washington Nonprofits Need to Know About the 2027–2029 State Budget Cycle
The 2027 legislative session in Washington will be especially important for nonprofits that depend on state funding, contracts, grants, or public programs. The state is working on its 2027–2029 ...
What Washington’s September 2026 Economic Forecast Means for Nonprofits
Washington’s September 2026 economic and revenue forecast shows a relatively stable outlook for nonprofits, though there are some mixed signals. The state economy is expected to keep growing, ...
Charitable Deduction in the Millionaires Tax: What You Need to Know
Grounding
The Millionaires Tax, passed by the Legislature in 2026, is a 9.9% tax on income over $1 million. It will be paid by about 22,000 of the wealthiest households in Washington State. The ...
The Office of Management and Budget (OMB) are proposing changes to overhaul the set of rules, known as the Uniform Guidance, governing federal grants, cooperative agreements, and other monetary ...
How Smart Nonprofits Escape the Grant Research Trap
For many nonprofits, grant funding is essential to sustaining programs and expanding impact. Yet one of the most common challenges organizations face isn’t writing the proposal; it’s finding the ...
Building a Sustainable Future: What It Means to be a Resourced Nonprofit
At Third Sector Company, we realized that being “funded” and being “resourced” were not the same thing. In the end, we were challenged to think through and find an answer to the question, “What does it mean to be a fully resourced nonprofit?”
YPTC: Bringing a Culture of Caring to Nonprofit Accounting
Your Part-Time Controller, LLC (YPTC) has been a trusted partner for nonprofit organizations across the United States for over three decades. With a focus on helping build stronger nonprofits, YPTC provides customized, outsourced accounting and financial management services that allow nonprofit professionals to focus on their missions.
What We’ve Learned Helping Nonprofits Clean Up Their Books
Running a nonprofit takes courage.
You’re not just managing programs or raising funds. You’re showing up every day for something bigger than yourself - for a mission that matters. And while the ...
As you prepare your nonprofit’s 2022 budget, have you ensured that all your employees meet the minimum hourly wage as well as the minimum salary threshold for any overtime exempt employees? In ...
Q: Help! It’s tax season and our nonprofit is e-filing with the IRS for the first time. What do we do?
A: Thanks to the pandemic, many nonprofits have filed for an extension to complete their ...
Are you keeping up with changing wage rates and HR compliance requirements?
Minimum wage and overtime threshold levels now rise with inflation every year in Washington state. Make sure you are complying by paying your staff above these levels starting on January 1, ...
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