Tag: nonprofit

New PPP Funding Coming + Tax Deductibility
PPP2 Bill Passes, Will Allow Tax Deductibility of Loan Expenses

Congress passed a COVID relief bill that includes an extension of the PPP program and…

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Nonprofit Single Audit
FAQ: Uniform Guidance Single Audits

Whether it’s your first time preparing for a Single Audit or you’ve had extensive experience,…

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Nonprofits and Giving Tuesday
How Your Nonprofit Can Get a Boost with Year-End Giving

Year-end giving is a crucial time of year for nonprofits. Here are ideas and strategies to…

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Nonprofit update
FASB Clarifies Presentation and Disclosures By Nonprofit Entities For Contributed Nonfinancial Assets

The FASB has issued ASU 2020-07, (“Update”) to clarify the presentation and disclosure of contributed…

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Dallas City Skyline
Main Street Lending Program Opening, Terms for Nonprofits Released

The Federal Reserve Bank of Boston announced that the Main Street Lending Program is OPEN…

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COVID-19 FAQs: Nonprofit Orgs
COVID-19 FAQs: Nonprofit & Education

Here are some of the most frequently asked questions and resources to help nonprofit and…

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Table set for meeting in office
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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Empty Boardroom conference table and chairs
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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Doctor on ipad
The Scleroderma Foundation

The largest nonprofit funder of medical research, The Scleroderma Foundation reflects on its partnership with…

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3 people having a business meeting on a train
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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