Nonprofit Resources
How “Stressed” Is Your Institution?
June 30, 2020 - The need for an updated roadmap for institutions of higher education became urgent when COVID-19 was declared a pandemic. Here's a look at insight from "The College Stress Test" and how you might apply it at your higher education institution.
Revenue Recognition and Lease Standards Deferrals
June 26, 2020 - FASB ASU 2020-05 allows certain companies and organizations that have not yet applied the revenue recognition and leases guidance to delay their implementation by one year.
SBA and Treasury Agree to Make More PPP Data Public
June 22, 2020 - The data to be disclosed includes business names, addresses, nonprofit information and loan amount range. The objective is to provide "enhanced transparency" regarding the PPP.
PPP Loan Application Survey Results
June 18, 2020 - We surveyed leaders of churches, faith-based higher education institutions, and nonprofits about their experience in applying for funds through the CARES Act. Here are the results.
Considerations for Reducing Expenses at Your Institution
June 11, 2020 - If your higher education institution is preparing to tighten expenses, here are some considerations to help you undertake cost-savings measures in a way that ensures valuable and memorable student experiences and outcomes.
An Update and New COVID-19 Resources for Nonprofits, Churches & Higher Ed
June 4, 2020 - Catch up on our newest COVID-19 resources, including a look at the Paycheck Protection Program Flexibility Act and the key changes it will make to the PPP loan program.
Loving Our Neighbors
June 4, 2020 - We ask that all of us turn our hearts, our prayers, and most importantly, our actions back to what God has asked of us: ‘You shall love your neighbor as yourself.’
Webcast for Nonprofits: Liquidity – Unprecedented Uncertainty
June 25, 2020 - What can small, faith-based nonprofit organizations do to get immediate liquidity if they do not have discretionary cash? This webinar will explore the best practices of organizations addressing the question of liquidity while facing a new level of uncertainty.
Education Dept. Guidance on Initial Higher Education Emergency Relief Fund Reporting
May 18, 2020 - Institutions that received funds through the Higher Education Emergency Relief Fund must post the following information on their website within 30 days of receiving the allocation.
IRS Provides FAQs About Emergency Relief Funds Disbursed to Students
May 11, 2020 - The IRS has provided answers to questions about funds disbursed to students under the Higher Education Emergency Relief Fund created by the CARES Act.