Nonprofit

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 Connection: Empowering Sustainability

February 2024 Cerini Connection Topic: Empowering Sustainability Join Ken Cerini and Bonnie Hagen Chief Operating Officer of Bright Energy Services. This webinar designed for businesses and nonprofits seeking to embrace sustainability, reduce their carbon footprint,...
Employee Retention Tax Credit (ERTC)

Employee Retention Tax Credit (ERTC)

Most organizations have taken advantage of the PPP loans, which have been instrumental in helping organizations stay afloat during the pandemic. Many agencies, however, are not aware of the Employee Retention Tax Credit (ERTC). The ERTC was part of the original CARES...

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BEWARE NEW LEASE ACCOUNTING RULES…

BEWARE NEW LEASE ACCOUNTING RULES…

The accounting world is never dull, despite what outward appearances and unfair stereotypes may lead one to believe. The Financial Accounting Standards Board (FASB) continually strives to improve the transparency, usefulness, and understandability of financial...

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The Next Normal

The Next Normal

As we emerged from 2020 into 2021, there were high hopes that we were returning to some level of normalcy. COVID vaccines were, restrictions were loosening up, and employees were starting to go back to work. It seemed we had weathered the storm. Fast forward eight...

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Board Responsibilities

Board Responsibilities

Every nonprofit organization has a board of directors. Every nonprofit organization also has key management personnel. The board of directors govern the organization and its management to ensure that the mission of the nonprofit is being met and it is management’s...

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Arts & Culture – Employee Retention Tax Credit (ERTC)

Arts & Culture – Employee Retention Tax Credit (ERTC)

Most organizations have taken advantage of Paycheck Protection Program (PPP) loans since the initial passage of the CARES Act in early 2020. This rings especially true for those in the arts and culture area, which has experienced tremendous downturns in revenue due to...

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Shuttered Venue Operators Grant

Shuttered Venue Operators Grant

The Shuttered Venue Operators Grant (SVOG) program was established to aid venues, performing arts centers, museum operators, movie theaters, and similar organizations affected by the COVID-19 pandemic. This program includes over $16 billion to be distributed by the...

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Cerini Nonprofit Connection: Vaccination Policies

Cerini Nonprofit Connection: Vaccination Policies

July 2021 Cerini Nonprofit Connection Topic: Vaccination Policies Ken Cerini and guests Susan Kreeger, CEO/Founder of RealHR and Doug Rowe, Partner of Certilman Balin covered workplace vaccination policies - both from an HR and legal perspective! (inforamtion as of...

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NFP Update 2021

NFP Update 2021

June 29, 2021 Cerini & Associates, LLP, a leader in providing accounting and auditing services to nonprofits, held their virtual annual Nonprofit Update conference virtually. The major focus during this half-day training was on what the “Next Normal” for the...

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