Nonprofit Resources
Nonprofit Issues Newsletter, February 2018
Learn best practices for accepting property contributions, maintaining data privacy, business as mission, interviewing job candidates, and more.
Impact on Higher Education of Tax Reform and New FASB Standards
We now have the first tax code reform since 1986, plus nonprofit financial reporting standards changes in FASB ASU 2016-14. Is your institution ready for these big changes? There are several specific elements of both that higher education leaders need to be aware of and actively planning for.
FASB ASU 2016-14: Net Asset Classification Information
February 14, 2018 - One of the most visible changes from ASU 2016-14 is the reporting and disclosures of net assets. In this alert, we look at net asset classification under the new standards.
What to Consider Before Accepting a Property Contribution
A gift of property can be very generous. If your nonprofit is offered a property contribution, you might be tempted to jump at the opportunity. But it's crucial to carefully consider gifts of real property (real estate) to avoid any unpleasant surprises and negative consequences.
How to Hire Top Nonprofit Talent: Tips for Pre-Interview Preparation
These pre-interview preparation tips will help you interview more effectively, obtain the information you need to make an informed decision, and leave candidates with a favorable impression of your organization.
Nonprofits Are Not Immune to Maintaining Data Privacy
It is 6 a.m. and you receive a call from your chief financial officer that your donor data has been stolen. What do you do? Whom do you call? How do you handle this situation? Here are five steps to help your organization better protect the privacy of your donor, employee and volunteer data.
Nonprofits: The New Kids on the Blockchain
How can nonprofit organizations ensure that information is complete and accurate, measure the efficacy of their programs, convey impact metrics to donors and keep costs low? Learn how blockchain can benefit nonprofits.
FASB ASU 2016-14: Statement of Cash Flow
January 18, 2018 - What to know and consider about presenting operating cash flows under FASB ASU 2016-14.
U.S. Supreme Court to Consider Online Sales Tax; More Info on 529 Account Changes
A look at two nonprofit tax issues: an upcoming Supreme Court case could change the rules governing the taxability of online and mail-order sales, plus more information about changes to Section 529 accounts.
Higher Education Institutions Face Increased Scrutiny of Cybersecurity Measures
Cybersecurity should be a top priority for all higher education institutions. Public expectations for information security safeguards are high. And higher education institutions that participate in Title IV programs face additional information security requirements.