Category: Nonprofit

Best of MFA Insight Articles 2019
business man hold digital tablet in hand and checking analyze data of growing financial chart of sale, revenue and profit in tablet
Four Financial KPIs to Measure Nonprofit Success

As a nonprofit leader, your sights are naturally focused on growth, fundraising and driving your…

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Certain Private-Company Accounting Standards Now Extended to Nonprofits

On May 30, 2019, the FASB issued ASU 2019-06, Extending the Private Company Accounting Alternatives…

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Five Reasons Why Your Nonprofit Organization Should Consider Forming an Audit Committee

Adopting and maintaining an audit committee is a critical component for nonprofit organizations in being…

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How Can I Measure the Liquidity of My Nonprofit?

Financial performance measurement is a strategy a Nonprofit organization can use for evaluating operations, programs,…

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Pre-Tax Travel Expense Changes and the Impact to Nonprofits

The Tax Cut and Jobs Act of 2017 added a provision to the Internal Revenue…

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FASB Clarifies Nonprofit Grants and Contributions
FASB Clarifies and Improves Guidance for Nonprofit Grant and Contributions Accounting

The FASB issued ASU 2018-08 to clarify the accounting guidance related to contributions made or received.…

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Are You Prepared for Liquidity Disclosures
Are You Prepared for Liquidity Disclosures?

o make nonprofit financial reporting more transparent, the Financial Accounting Standards Board (FASB) has published…

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What Nonprofits Need to Know About Revenue Recognition
What Nonprofits Need to Know About Rev Rec

With ASC 606 – the Financial Accounting Standards Board’s (FASB) new revenue recognition standard –…

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MA Nonprofits Getting to Know the CORE Plan
MA Nonprofits: Getting to Know the CORE Plan

The Connecting Organizations to Retirement (CORE) Plan was launched in late 2017 as a 401(k)…

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