You can’t rely on the same messaging you use for your usual appeals! Afterall, these are not usual times. Your appeals need to reflect that if you want to connect with donors and raise money during this pandemic.
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
Guest Article: 3 Donor Retention Strategies to Boost Engagement and Giving
Guest Article: Streamline Nonprofit Management by Automating These 5 Areas
The Role of Data Analytics in Nonprofit Decision-Making
How to Account for Joint Costs in Nonprofit Organizations
Inflation Reduction Act: Clean Energy Tax Credits for Tax-Exempt Entities
2024 Nonprofit Trends
Navigating Hiring, Compensation, Succession Planning, and Employee Retention Trends in Nonprofits: Insights for 2024
Nonprofit Technology Trends to Watch in 2024: Navigating the Digital Frontier
Nonprofit Audit Committee Bootcamp Part 3 – Internal Communication and Understanding Risk
Nov 4, 2020
The role of the audit committee with respect to internal parties – Who should be communicating with the audit committee, how often, what information should the audit committee review with respect to the organization’s control environment, what risks should the...
SBA Necessity Questionnaire Released for Borrowers with PPP Loans Over $2,000,000
Oct 30, 2020
In what is likely the first step in the audit process for borrowers that received Paycheck Protection Program (PPP) loans more than $2,000,000 (including affiliates), the SBA has developed a questionnaire for both for-profit and non-profit borrowers which was released...
Cerini Nonprofit Connection: Risk Management
Oct 26, 2020
October 2020 Cerini Nonprofit Connection Topic: Risk Management Ken Cerini, CPA and guest speaker Steve Fuoco of Bradley & Parker discussed risks nonprofits need to be aware of especially during the pandemic including cybersecurity, transportation, galas, working...
Navigating Effectiveness
Oct 21, 2020
During July 2020, Charity Navigator launched the Encompass Rating System. The purpose of Encompass was to provide improved comparability of differently sized nonprofit organizations, and to provide a more comprehensive assessment of the overall effectiveness of nonprofit organizations.
Nonprofit Audit Committee Bootcamp Part 2 – The Committee’s Role in the Audit Process
Oct 8, 2020
The role of the audit committee with respect to external parties – Ken Cerini and Matthew Burke discussed the audit RFP, the selection of the external auditors, what you should be asking of your auditors, Going beyond the financials to focus on analytics, operations,...
Nonprofit Audit Committee Bootcamp Part 1 – Roles and Responsibilities
Sep 24, 2020
The role of the audit committee – Ken Cerini and Tania Quigley discussed the audit committee, what its purpose is, who should be on the audit committee, what the audit committee should be focusing on, what should be discussed at each meeting, etc.
Accounting for Unemployment for Self-Insured Nonprofit Organizations
Sep 15, 2020
The Coronavirus Aid, Relief and Economic Security (“CARES”) Act was signed into law on March 27, 2020, to mitigate the effects of the coronavirus pandemic on businesses, including nonprofit organizations. For nonprofit organizations that have opted out of the State...
Automating your Business Functions
Sep 15, 2020
2020 has been a relentless year of change so far for businesses across all industries. The abrupt “pause” in March experienced by New York businesses was rather disruptive, as no one expected a once in a century pandemic to shutdown day-to-day life not just locally...