Nonprofit Resources
Dual-Use Facilities – Methodologies for Allocations of Expenses
Allocating expenses for dual-use facilities is complicated. Here's an in-depth look at the various methodologies and considerations.
Transportation Fringe Benefits Are Now UBI — Effective Jan. 1, 2018
Does your tax-exempt organization provide transportation and parking benefits to employees? If so, you may have another commuter headache: a new tax.
Cybersecurity Training: Who, What, When, Where, and Why
There are many controls and safeguards organizations can — and should — put in place to reduce their risk of a cyber attack. One very vital tool in mitigating that risk is ongoing cybersecurity training. Use these tips and best practices to help your organization implement an effective training program.
10 Things Keeping Internal Audit Up at Night
The internal audit function is vital to the health of any nonprofit. But committee members often face challenges navigating a strained regulatory environment, all while trying to do more with less. Here are the top 10 challenges keeping internal auditors up at night, along with remedies to help them continue their critical work.
Pay Data For ‘Similarly Qualified Persons In Comparable Positions At Similarly Situated Organizations’ — We’ve got that… don’t we?
Good comparative pay data provides a critical context for determining how much and how to pay a nonprofit’s executives. Yet many organizations fail to give this important element of their compensation program the attention it deserves. Follow these steps to obtain and properly use good data for compensation purposes.
2018 OMB Compliance Supplement Released
The 2018 OMB Compliance Supplement has been prepared in a different format from previous years. This article explains key changes.
Perkins: Do We Liquidate, or Do We Wait?
June 30, 2018 has passed, and according to Dear Colleague Letter 17-10, additional Perkins loan disbursements are now prohibited. Here are some factors to consider as your institution of higher education weighs the costs and benefits of liquidation.
Important Considerations for Benevolence Programs
Many nonprofit organizations have benevolence programs to assist people during times of emergency or financial crisis. Learn how to create an effective written policy to ensure assistance is provided in a way that does not jeopardize your organization’s tax-exempt status or the integrity of your mission.
Important Considerations for Church Benevolence Programs
A written benevolence program policy can help your church respond quickly and graciously to assist others during times of emergency or financial crisis. It can also protect the tax-exempt status of your church and the deductibility of donations made, and shield fund recipients from mistaken taxation.
Should Your Church Change its Fiscal Year-End?
Setting your church fiscal year-end at a month-end other than December 31 could provide several advantages, but it also could pose several disadvantages. Start by considering both.