Gifts In Kind: New Reporting Requirements for Nonprofits

On September 17, the Financial Accounting Standards Board (FASB) issued an accounting rule that will provide more detailed information about noncash contributions charities and other not-for-profit organizations receive known as “gifts in kind.” Here are the details. Need for Change [...]

By |2020-10-06T13:33:26-04:00October 6th, 2020|Categories: Audit, Blog|Tags: , , , , , , |Comments Off on Gifts In Kind: New Reporting Requirements for Nonprofits

Leveraging Sage Intacct and Salesforce for a Complete Nonprofit Solution

Americans donated over $410 billion to nonprofits in 2017, up 5.2% from the previous year. Yet research also shows that between the years 2000 and 2016, the percentage of the population that donates to any cause fell from 66% [...]

By |2020-09-11T20:04:23-04:00September 11th, 2020|Categories: Blog, Cloud Technology, Consulting, Kevin Shives, Nonprofit, Sage Intacct, Software Solutions|Tags: , , , , , , , |Comments Off on Leveraging Sage Intacct and Salesforce for a Complete Nonprofit Solution

External Audits Offer Many Benefits to Nonprofits

Your nonprofit organization may be required to hire an independent outside CPA to audit its books, depending on its annual gross receipts and other factors. Even when external audits aren’t mandated, however, they’re often recommended. These audits can provide [...]

By |2020-07-17T12:47:33-04:00July 17th, 2020|Categories: Audit, Blog, Nonprofit|Tags: , , , , |Comments Off on External Audits Offer Many Benefits to Nonprofits

New Cash Analysis Dashboard for Nonprofits

A recent survey of 350 decision-makers at nonprofits nationwide reveals some troubling trends. The majority of respondents believe that having better outcome measures – ways to track the impact of specific investments – would help to support their top [...]

By |2020-01-27T19:06:12-05:00January 27th, 2020|Categories: Blog, Cloud Technology, Consulting, Nonprofit, Sage Intacct, Software Solutions, Technology|Tags: , , |Comments Off on New Cash Analysis Dashboard for Nonprofits

4 Tax Concerns for Nonprofits

Just because you run a nonprofit, it doesn't mean you can completely ignore taxes. You still have to file. In fact, if your nonprofit fails to file its annual federal return (Form 990) for three consecutive years, its tax-exempt [...]

By |2019-10-17T13:24:53-04:00June 17th, 2019|Categories: Blog, Tax|Tags: |Comments Off on 4 Tax Concerns for Nonprofits

Improving Board Performance through Assessment

Whether you’re a large corporation or a local non-profit, it’s important for your board to periodically evaluate its mission and establish consistency in goals and objectives. Board assessments provide a strategic opportunity for organizations to better evaluate and understand [...]

By |2018-05-22T21:11:02-04:00May 22nd, 2018|Categories: Blog, Consulting, Nonprofit|Tags: , |Comments Off on Improving Board Performance through Assessment
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