Nonprofit Resources
Transitioning from Now to Next: Leading Through a Time of Accelerating Change
June 30, 2020 - The COVID-19 pandemic has forced nonprofit leaders to face many uncertain scenarios and make rapid adjustments to their operational models. Learn the eight things leaders say when they fear change and practical solutions for shifting mindsets.
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.
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.
SBA Provides Answer on Foreign Workers and Employee Counts for PPP Loans
May 7, 2020 - The SBA has issued a FAQ that provides clarification on how foreign workers affect the employee computation for PPP loan eligibility.
Accounting for Paycheck Protection Program Proceeds
April 27, 2020 - Many nonprofit organizations are asking about the proper accounting for Paycheck Protection Program (PPP) proceeds. Here's what to know.
Substantial Presence Test Relief for Certain Eligible Non-Resident Aliens
April 22, 2020 - The IRS has granted relief from the “number of days requirement” applicable in the “substantial presence test” to certain non-resident alien individuals who will be in the U.S. in 2020 for more days than anticipated due to travel restrictions arising from the COVID-19 pandemic.