Whether your not-for-profit is continuing to hold videoconference board meetings or is back to in-person gatherings, you don’t want to waste members’ time. Board meetings
- Nonprofit Updates
CategoryNonprofit Updates
The typical defrauded not-for-profit loses $75,000 per fraud incident, according to the Association of Certified Fraud Examiners. And that doesn’t account for the negative publicity
- Nonprofit Updates
When not-for-profits first start up, fundraising can be an ad hoc process, with intense campaigns followed by fallow periods. As organizations grow and acquire staff
- Nonprofit Updates
Your not-for-profit may prefer to avoid activities that subject it to unrelated business income tax (UBIT). But if you accept advertising or sponsorships that aren’t
- Nonprofit Updates, Tax Info
As the COVID-19 pandemic finally seems to be fading in the United States, your not-for-profit organization may be making plans for its post-pandemic future. Is
- Nonprofit Updates
If your not-for-profit organization accepts contributions of nonfinancial assets, such as land, services and supplies, you should know about Financial Accounting Standards Board (FASB) rules
- Nonprofit Updates
If your not-for-profit periodically prepares internal financial statements for your board, you may have noticed that your auditors propose adjustments to these interim statements at
- Nonprofit Updates
Not-for-profit organizations may operate under the assumption that their missions and their board members’ good intentions protect them from litigation. Sometimes, this assumption is proven
- Nonprofit Updates
Not-for-profit organizations are different from for-profit businesses in many vital ways. One of the most crucial differences is that under Section 501(c)(3), Sec. 501(c)(7) and
- Nonprofit Updates, Tax Info
Many organizations get stuck in procedural ruts because it’s easier in the short term to continue doing things the way they’ve always been done. But
- Nonprofit Updates
No one needs to tell nonprofit organizations how tough the past year has been. According to the John Hopkins Center for Civil Society Studies, 7.7%
- Nonprofit Updates, Tax Info
Your accounting and development departments are central to the continued financial health of your not-for-profit. So what happens when communication between these two functions break
- Nonprofit Updates, Tax Info