Nonprofit

Contribution Accounting for Recognizing Nonprofit Revenue

Nonprofit organizations often receive financial support from donors, foundations, government agencies, and other entities in the form of contributions and grants. Accounting for these transactions can be challenging, as they may involve complex terms and conditions that affect the timing and amount of revenue recognition.

Beyond the Donation: Nonprofit Accounting and Board Governance Explained, an interview with Ken Cerini

WATCH A CLIP OF THE EPISODE ABOVE! In this episode of Beyond the Donation, managing partner Ken Cerini of accounting firm Cerini and Associates discusses strategies for better fiscal management and the roles of board members in a strong nonprofit. Ken stresses the...

Guest Article: 3 Donor Retention Strategies to Boost Engagement and Giving

Your nonprofit might acquire new donors regularly, but how often are they sticking around to give a second gift to your organization? If you’re like most nonprofits, you likely struggle to retain newly acquired donors. The average donor retention rate sits between...

Guest Article: Streamline Nonprofit Management by Automating These 5 Areas

There’s no doubting it—technology has fundamentally changed the way nonprofits operate. From fundraising to events to daily operations, technology has become indispensable for nonprofits looking to save time, money, and effort. Creating an effective change management...

The Role of Data Analytics in Nonprofit Decision-Making

Nonprofit organizations, driven by their altruistic missions, often grapple with multifaceted challenges in achieving their goals. In today’s era of data abundance, the role of data analytics in nonprofit decision-making has surged in importance. Data analytics offers...

How to Account for Joint Costs in Nonprofit Organizations

A guide to applying the accounting standards for activities that include both program and fundraising components. What are joint costs and why are they important? Joint costs are the costs of conducting activities that have more than one purpose or function, such as...

Inflation Reduction Act: Clean Energy Tax Credits for Tax-Exempt Entities

Inflation Reduction Act of 2022 (“IRA”) offers various tax credits to incentivize individuals, businesses, and tax-exempt organizations alike to transition to clean energy sources. While tax credits are a great incentive for tax-paying individuals and businesses,...

2024 Nonprofit Trends

As we move deeper into 2024, we look at what we can expect for the nonprofit sector as the year progresses. In 2023, the sector grappled with multiple challenges… the end of the COVID era which meant an end of COVID funding, an increase in demand for services brought...

Navigating Hiring, Compensation, Succession Planning, and Employee Retention Trends in Nonprofits: Insights for 2024

In the dynamic landscape of nonprofit organizations (NFPs), staying informed about hiring, compensation, succession planning, and employee retention trends is crucial for attracting, developing, and retaining top talent. Recruitment Trends in Nonprofits: As nonprofits...

Nonprofit Technology Trends to Watch in 2024: Navigating the Digital Frontier

In the fast-paced world of nonprofits, staying ahead of technology trends is essential for organizations striving to make a lasting impact. As we approach 2024, several key technology trends are set to shape the nonprofit sector, influencing everything from...
Cerini Nonprofit Connection: Great Resignation

Cerini Nonprofit Connection: Great Resignation

November 2021 Cerini Nonprofit Connection Topic: Great Resignation Ken Cerini and guest speakers Jill Krumholz of RealHR Solutions and Jennifer C. Loftus of Astron Solutions discussed what you can do to lessen the hit on your organization due to the Great...

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Infrastructure Bill KO’s 4th Q ERTC Funding

Infrastructure Bill KO’s 4th Q ERTC Funding

Last week, the bi-partisan $1.2 trillion-dollar Infrastructure Bill (known as the Infrastructure Investment and Jobs Act) was passed by House after passing the Senate in August, and it is now waiting for the President to sign. This provides much needed spending on...

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Cerini Nonprofit Connection: CEO Transitions

Cerini Nonprofit Connection: CEO Transitions

October 2021 Cerini Nonprofit Connection Topic: CEO Transitions Ken Cerini and guests Colleen Merlo and Micheal Stoltz from Association for Mental Health and Wellness discussed best practices for transitioning CEOs effectively and smoothly.

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New HHS Guidance and Funding

New HHS Guidance and Funding

Between last year and the beginning of this year, the US Department of Health & Human Services (HHS) issued three rounds of Provider Relief Funds (PRF) to assist healthcare providers that were negatively impacted by the COVID Pandemic. These funds were to cover...

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