Nonprofit Resources
Higher Education Emergency Relief Fund Updates
April 25, 2022 - The performance period for all open Higher Education Emergency Relief Fund (HEERF) grants with a balance of more than $1,000 has been extended through June 30, 2023. In addition, the HEERF reporting portal is now open through May 6, 2022.
Engaging Donors at Every Level: A Checklist
April 25, 2022 - As nonprofits continue to reimagine what their futures will look like, donor engagement strategies should be reevaluated and refined to ensure they keep up with these changes. Consider these five steps to support strong donor engagement at your organization.
How To Ensure Your Functional Expense Analysis Accurately Depicts Your Activities
April 25, 2022 - ASU 2016-14 requires all not-for-profit entities to provide an analysis of expenses by their natural classification as well as their functional classification in one location in its financial statements. Here are some best practices to keep in mind to ensure your functional expense analysis accurately portrays your entity.
Gifts-in-Kind of Cryptocurrency: Applying FASB ASU 2020-07
April 19, 2022 - Learn about the requirements for reporting contributions of cryptocurrency under ASU 2020-07.
ED Provides Guidance on Direct Loan and Pell Grant Program Reconciliation
March 29, 2022 - The U.S. Department of Education Federal Student Aid Federal Student Aid office has released announcements with information about the requirements for Federal Direct Loan and Pell Grant Program reconciliations.
Nonprofit Issues Newsletter, February 2022
February 24, 2022 - This newsletter covers steps to help your organization with the adoption of the new accounting standard for leases, the benefits of a planned giving ministry, triggering events that could require immediate reporting under the new borrower defense rules, and more.
Implementing the New Accounting Standard for Leases: Part One
February 24, 2022 - The first article in our new series walks through two important steps in adopting the new lease standard: determining if a contract contains a lease and determining which payments are considered part of the lease calculations.
Triggering Events That Could Require Immediate Reporting Under the New Borrower Defense Rules
February 24, 2022 - Under the September 23, 2019 borrower defense rules, institutions that receive Title IV funds have additional reporting requirements if certain triggering events occur. Here are some helpful reminders.
CapinTech Cyber Series: Vulnerability Management
May 18, 2022 - In this free webcast, we’ll provide an overview of recent vulnerabilities, discuss how your vendors can impact you, and provide practical steps you can take to identify, mitigate, and respond to vulnerabilities within your organization.
All SAIG Software Users Must Upgrade by February 20, 2022 to Avoid Losing Access
February 17, 2022 - All institutions that use the Student Aid Internet Gateway (SAIG) software must upgrade to EDconnect 8.5 and 8.5.1 by February 20, 2022, to avoid losing access to SAIG.