Nonprofit Issues Newsletter, August 2021
Strengthen Your Organization’s Ransomware Defenses
As recent headlines demonstrate, no organization is immune to the threat of ransomware, and the effects are widespread. Our new ransomware article series will help you understand the risks and strengthen your defenses.
Read Understanding Ransomware: Malware in Its Cruelest Form for an overview of how ransomware works, what to do if your organization is attacked, and baseline controls to help reduce your risk.
Take a look at the latest threats and far-reaching impacts with our article on The Current State of Ransomware. Then learn How to Take Your Ransomware Controls to the Next Level.
5 Steps to Maintain Donor Engagement in a Tumultuous Time
COVID-19, the economy, and political shifts have resulted in tumultuous times for many nonprofits. Organizations are seeking out new ways to engage with donors and ensure they have the resources needed to continue their missions.
Follow these five best practices to help your organization maintain donor engagement.
Where are the “Gotchas”? 10 HEERF Considerations to Be on the Lookout For
The three Higher Education Emergency Relief Funds, commonly referred to as HEERF I, II, and III, have provided necessary financial relief to higher education institutions struggling with the economic burden caused by the COVID-19 pandemic. However, each round of funding has brought new eligibility, disbursement, and reporting requirements.
Here are 10 HEERF considerations to watch for.
Synergies, Resources, and Culture: A Roadmap to Strategic Partnerships
As the pandemic continues to impact the global economy, nonprofits are facing a myriad of pressures that may result in the need for strategic partnerships.
When considering a form of strategic partnership, it’s important to focus on three critical pillars of success: synergy, resources, and culture. Here’s what to evaluate.
The Uniform Guidance – Some Ongoing Pitfalls
Years into the implementation of Title 2 Code of Federal Regulations (CFR) 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), a few recurring matters continue to arise that lead to audit findings.
Learn about common issues with subrecipient monitoring, equipment, and period of performance in this article.
Employees of Faith-Based Entities Now Eligible for Federal Student Loan Forgiveness Programs
As of July 1, 2021, employees of faith-based entities are able to participate in the federal public service loan forgiveness (PSLF) program, among other changes. Read more >
CapinCrouse Named a Top 200 Firm for the Fifth Consecutive Year
We are honored to have been designated a Top 200 Firm by INSIDE Public Accounting (IPA) for the fifth consecutive year. The annual ranking recognizes the 200 largest accounting firms in the United States, based on net revenue.
We extend a big thank you to our nonprofit clients and dedicated team members who make our firm’s continued success possible