Nonprofit Resources
Free Enhanced Online Access to U.S. Accounting Rules Now Available
March 6, 2023 - Free enhanced online access to accounting rules developed by the Financial Accounting Standards Board and the Governmental Accounting Standards Board is now available. This includes advanced features for searching, navigating, copying and pasting, and printing.
Economic Forecast and Impact of Inflation on Revenue and Compensation
February 27, 2023 - Nonprofit leaders need to make strategic decisions amid ongoing uncertainty. Here are key takeaways from our recent discussion about the current economic forecast and the impact of inflation on investments, contributions, and employee compensation.
Getting Started with Data at Your Nonprofit
December 14, 2022 - Using data doesn’t have to be complicated, and the benefits can be significant. With the right systems and processes, data can help your organization operate more efficiently, effectively, and strategically.
Inflation’s Ripple Effect on Nonprofits and Their Employees: Part Three
October 26, 2022 - As market and economic conditions continue to change, many organizations may feel like they’re repeatedly facing new compensation decisions. This article looks at the continued impact of inflation, provides examples of what a few of our clients are doing as a result, and discusses next steps to consider.
Mastercard Significantly Modifies Recurring Giving Requirements
October 18, 2022 - After previously announcing changes to its requirements for merchants that use subscription or recurring billing, Mastercard has altered its requirements to apply only to organizations with excessive chargebacks.
Mastercard Provides Clarification and Extension on Recurring Giving Rules
September 13, 2022 - Mastercard clarified that its new requirements for subscription payments apply to nonprofit recurring gifts and extended the effective date for nonprofits by six months.
Inflation’s Ripple Effect on Nonprofits and Their Employees: Part Two
August 24, 2022 - As inflation has continued, organizations have had to make unavoidable decisions about compensation. Recent research provides data on inflation’s impact on nonprofits, particularly as it pertains to employee compensation. Here are some key insights and considerations.
Implementing the New Accounting Standard for Leases: Part Four
August 24, 2022 - In this final installment in our article series about implementing ASC 842, we walk through the transition guidance for adopting the new standard and discuss the key financial statement presentation and disclosure provisions.
Lessons Learned from Data Breaches
August 24, 2022 - All nonprofits are at risk of being impacted by a data breach at their organization or a key vendor. And in the wake of a breach, there are numerous audit*, tax, and cybersecurity considerations.
Webinar for Nonprofits: Untangling Leases: A Step-by-Step Guide to Implementing ASC 842
September 29, 2022 - This recorded webinar provides an in-depth review of the new lease accounting standards that will be implemented with ASC 842. We cover key decision considerations for implementation, examples of the types of leases, and the applicable transition guidance.