Nonprofit

By Lee Klumpp, CPA, CGMA The Financial Accounting Standards Board (FASB) met in February 2018 to re-deliberate on the proposed Accounting Standards Update (ASU), Not-for-Profit

By Lee Klumpp, CPA, CGMA The answer to the question is a complex one, but each individual statement is equally important especially when used in

By Andrea Wilson For nonprofits looking to stand out in an increasingly crowded giving landscape, experimenting with new giving models and integrating new technology into

By Paul Jan Zdunek, MBA, PROSCI® Change Management Certified A mission statement is more than mere words plastered on a website or at the top

By Lee Klumpp CPA, CGMA Being financially fit and stable is critical to any business, including a not-for-profit (NFP). If a NFP has a weak

By Michael Conover The bill known as the Tax Cut and Jobs Act of 2017 (the “Act”) in Internal Revenue Code (IRC) Section 4960 (specifically

By Laura Kalick, JD, LLM in Taxation The Tax Cut and Jobs Act of 2017 (the “Act”) will have a profound impact on tax-exempt organizations.

By Laura Kalick, JD, LLM in Taxation On Oct. 20, 2017, the Treasury Department issued its 2017-2018 Priority Guidance Plan (the Plan) (https://www.irs.gov/pub/irs-utl/2017-2018_pgp_initial.pdf). The Plan

By Paul Jan Zdunek, MBA No matter how large and successful an organization may be, almost every nonprofit feels it could use more cash to