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UPDATE 1/29/2025 12:24 PM : The White House has officially rescinded its order to freeze federal aid spending.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