Making the Decision to Hire New Non-Profit Staffers
Many Americans remain unemployed due to the COVID-19 pandemic — at least 9.8 million at the end of April, according to the U.S. Bureau of Labor Statistics. However, that is
Many Americans remain unemployed due to the COVID-19 pandemic — at least 9.8 million at the end of April, according to the U.S. Bureau of Labor Statistics. However, that is
COVID-19 was a kind of disaster most non-profits were not prepared for. As your organization recovers from this unusual event, do not let it become vulnerable to other, more common,
As states open for business and the need for social distancing recedes, your non-profit organization may want to think about scheduling an in-person retreat for your board of directors. Members
As the COVID-19 pandemic finally seems to be fading in the United States, your non-profit organization may be making plans for its post-pandemic future. Is a merger with another non-profit
If your non-profit periodically prepares internal financial statements for your board, you may have noticed that your auditors propose adjustments to these interim statements at year end. Why do auditors
If your non-profit organization accepts contributions of nonfinancial assets, such as land, services, and supplies, you should know about Financial Accounting Standards Board rules approved last year. Accounting Standards Update,
Non-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), Section 501(c)(7), and other provisions, non-profits are tax-exempt.
Non-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 wrong with a lawsuit. To
Many non-profits are just starting to emerge from one of the most challenging environments in recent memory due to the COVID-19 pandemic. Even if your organization is in good shape,
On March 30, the Financial Accounting Standards Board (FASB) published an updated accounting standard on events that trigger an impairment test under U.S. Generally Accepted Accounting Principles (GAAP). This simplified