We asked some industry leaders, what will the sector need to do, post COVID, to remain relevant and strong going forward? I think the sector will need to evaluate their operations in terms of staffing, fundraising, communications, public relations and disaster...
New Rules 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
Cerini Nonprofit Connection: Re-Opening and Working Remotely Strategies
Aug 13, 2020
Ken Cerini, CPA and guest speaker Maggie Madia of ADP discussed re-opening strategies amidst the COVID pandemic including safety risks, managing a virtual workforce, workers compensation, and more! (originally aired 8/13/20)
The Protecting Nonprofits from Catastrophic Cash Flow Strain Act signed into law
Aug 6, 2020
On Monday night the Protecting Nonprofits from Catastrophic Cash Flow Strain Act was signed into law. As part of the CARES Act, the Federal government had agreed to reimburse nonprofits that were self-insured for state unemployment 50% of the amount nonprofits had to pay states for those employees who were collecting unemployment against their accounts.
New Comparability Plan… Is it Right for You?
Jul 30, 2020
Pension plans should be an important part of every business’ benefits package. Not only do they let business owners/executives and employees to set aside funds for their retirement, but they provide the added ability for companies to assist in the process and make contributions on behalf of their staff, to help them better position themselves for retirement.
Why Testing is Important for Pensions
Jul 30, 2020
As auditors, we are always busy performing different types of testing, especially controls and compliance-based test work. While there is a common stigma about auditors and audits in general, and they have a “gotcha” sort of mentality, there is a tremendous benefit that a company can derive from the work they perform. The truth is, our goal is to ensure that companies and organizations are complying with rules and regulations so that they can avoid costly errors, especially when it comes to defined contribution pension plans.
Main Street Lending Launches Nonprofit Organization Loan Programs
Jul 27, 2020
On Friday, July 17th the Federal Reserve updated the Main Street Lending program to provide information related to nonprofit organizations ability to participate in the program as mandated by the CARES Act. The facility now includes 2 separate but similar facilities targeted at Nonprofit Organizations – the Nonprofit Organization New Loan Facility (NONLF) and the Nonprofit Organization Expanded Loan Facility (NOELF).
Cerini Nonprofit Connection: Long-Term Property Solutions Amid COVID Pandemic
Jul 16, 2020
Ken Cerini, CPA and guest speakers Jane Brody of Vicus Partners and Ámbar Margarida of Spacesmith discussed developing real property strategies and long-term solutions as your nonprofit emerge from the COVID pandemic.
2020 NFP Update Part 9 – Q&A Panel
Jul 14, 2020
2020 NFP Update Part 9 – Q&A Panel. On June 30, 2020, Cerini & Associates, LLP, a leader in providing accounting and auditing services to nonprofits, held their annual Nonprofit Update conference … virtually.
2020 NFP Update Part 8 – Nonprofit Panel
Jul 14, 2020
2020 NFP Update Part 8 – Nonprofit Panel. On June 30, 2020, Cerini & Associates, LLP, a leader in providing accounting and auditing services to nonprofits, held their annual Nonprofit Update conference … virtually.