Nonprofit Resources
Physical Security: The Old Man in the Young Man’s Game
Don’t overlook physical security in conjunction with your organization’s cybersecurity controls. The most robust cybersecurity measures are useless if a criminal can walk into your office and steal the hardware housing your data.
Beginner’s Guide to Data Privacy Laws
The new data privacy laws are long overdue, and every organization should be aware of what they encompass. Here’s what you need to know, plus five goals to help you reach compliance.
IRS Answers Many Questions on New 21% Executive Compensation Tax
Learn more about the new executive compensation tax on “excess” executive compensation paid by tax-exempt and certain governmental entities.
IRS to Allow Schools to Publicize Nondiscrimination Policies Online
May 15, 2019 - Tax-exempt schools will now have three options for publicizing nondiscrimination policies. Here's what you need to know.
Seven Common Mistakes Churches Make When Performing a Ratio Analysis
When prepared correctly, ratios can provide your church with valuable information about your financial health. Watching out for these common mistakes will help your church prepare accurate ratios that provide meaningful financial insight.
IRS Expands Employee Benefit Plan Self-Correction Program
May 8, 2019 - The IRS has expanded its Employee Plans Compliance Resolution System (EPCRS) self-correction program. If your organization is a plan sponsor, here's what you should know.
Nonprofit Issues Newsletter, April 2019
Articles on addressing generational workflow challenges, minimizing the impact of rising interest rates and more.
Lessons Learned from Implementing ASU 2016-14 – Functional Expenses
As ASU 2016-14 implementation efforts have been undertaken, one area is causing more issues than anticipated. This is the presentation of the statement of functional expenses that shows the analysis of expenses by function and natural classifications.
How Churches Can Win in a Rising Interest Rate Environment
The role that money plays in funding your church's vision is based solely on your ability to create and execute financial strategies that work. Here are a few suggestions to help you win in a rising interest rate environment.
Financing Options to Help Your Church Manage the Impact of Rising Interest Rates
Churches that are facing the need to refinance a loan, or that are considering obtaining loan financing for the first time, may be concerned about how to manage the cash flow impact of fluctuating interest rates. Here are some financing options to consider.