Non-Profit

03/06/2025

Understanding Fiscal Sponsorship and Fiscal Agency: What Nonprofits Need to Know

When it comes to nonprofit management, there are two common terms that often get used interchangeably—fiscal sponsorship and fiscal agency....

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Non-Profit

02/26/2025

Nonprofit Grants: Exchange Transactions vs. Contributions Explained

Determining which type of transaction a grant is categorized as can be difficult. However, it is important for nonprofits to...

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Non-Profit

02/17/2025

8 Considerations for Selecting Accounting Software for your Nonprofit

Selecting the right accounting software for your nonprofit organization is a critical decision that requires careful consideration.   The right...

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Non-Profit

02/13/2025

Nonprofit Policies and Procedures: Executive Director Policy

A well-defined Executive Director Policy is essential for nonprofit governance, ensuring clarity in leadership responsibilities, accountability, and operational stability.  ...

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Non-Profit

02/05/2025

Future-Proofing Nonprofits: Building Resiliency and Financial Strength for 2025 and Beyond

In an ever-changing economic and regulatory environment, nonprofit organizations are navigating new and evolving challenges. From shifts in funding landscapes...

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Non-Profit

01/28/2025

Navigating the Impact of the Federal Financial Assistance Pause

UPDATE 1/29/2025 12:24 PM : The White House has officially rescinded its order to freeze federal aid spending. This decision...

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Business

01/20/2025

Internal Controls Over Activities Allowed and Allowable Costs

Organizations may be subject to the Uniform Guidance requirements, also known as a Single Audit, if they expend more than...

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Non-Profit

01/15/2025

The Schedule of Expenditures of Federal Awards (SEFA) Overview

The Uniform Grant Guidance (UGG) states that an organization expending $750,000 or more in Federal awards during its fiscal year...

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Non-Profit

12/17/2024

Accounting Standard Updates That May Impact Your Nonprofit in 2025

Staying up to date with accounting standards and auditing updates is essential for nonprofit organizations to remain compliant and prepared....

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Non-Profit

12/13/2024

Understanding Indirect Expenses and Indirect Expense Allocation

Did you know that poorly allocated indirect expenses could cost your nonprofit vital funding?   What are indirect expenses? Indirect...

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Non-Profit

12/05/2024

Nonprofit Trends to Watch in 2025

As we’re approaching year-end, many nonprofit organizations are setting budgets and goals with their sights set on 2025. Here’s a...

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Non-Profit

11/15/2024

Retirement Plan Audit vs. Retirement Plan Checkup

The Department of Labor (DOL) requires that retirement plans (401K, 403b, ESOP plans etc.) with 100 or more participants with...

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Business