Nonprofit Resources
Nonprofit Issues Newsletter, August 2023
Insight on nonprofit CEO compensation, cyber insurance, cost allocations, endowments, and more.
5 Common Questions About Nonprofit CEO Compensation
In the unique world of nonprofits, many decision-makers may be unsure of how to determine appropriate compensation for their organization’s executives, particularly the CEO.
Read our answers to common questions about nonprofit CEO compensation, including how to determine a peer group for compensation comparisons, approach cost of living or merit increases, and more.
Cyber Insurance for Nonprofits: What it Looks Like, How it’s Priced, and What to Expect
The effects of a cyber incident can be significant, costly, and long lasting. While cyber insurance won’t prevent a cyber incident, it can help organizations manage the impact if one occurs.
There have been many changes in cyber insurance over the past few years. Learn what cyber insurance entails, how it is priced, and what to expect as you explore options for your organization.
Demystifying Nonprofit Cost Allocations
An effective cost allocation strategy is essential to an organization’s understanding of how its resources are being deployed. It is also integral to performing cost analyses, such as evaluating funding requirements and comparing actual versus budgeted costs.
However, the practical application of allocation concepts can be challenging to navigate. This article provides an overview of allocation methods and how to allocate grant costs.
Endowment Woes! Navigating The Nuances With Endowments
While an endowment can be a great idea for long-term planning and may provide continuous funding for charitable activities, it comes with some nuances that must be carefully navigated to ensure it is successfully managed and fulfills the intended purpose.
Here are some tips to help organizations handle potential endowment challenges.
Newsbits
How Authentication Issues Can Affect Financial Data and Financial Statement Audits
It’s important to be aware of authentication risks and current best practices and considerations related to authentication controls. CapinTech Partner Allison Ward explains why traditional authentication controls can be ineffective and provides steps to stronger defenses in this Journal of Accountancy article.
Join Us at a Free Upcoming Webcast
We’re offering free webcasts on a range of topics in the coming months. Click on a title to learn more and register!
- CapinTech Cyber Series: 18 Critical Security Controls, Part 2 – We’ll discuss important security controls for nonprofits and how to apply them within your organization. Wednesday, August 30 at 1 p.m. EDT. You can watch the recording of Part 1 here.
- Important GLBA Updates, Part 2 – In the final session of our webcast series on the Gramm-Leach-Bliley Act (GLBA), we’ll delve more into the information security program requirement and what that can look like for higher education institutions. Wednesday, September 13 at 1 p.m. EDT. You can watch the recording of Part 1 here.
- Student Financial Aid Q&A Series: Transitions in Financial Aid Processing, Part 1 – Join with colleagues to have your questions answered and brainstorm ways to meet the compliance requirements that changed with the Free Application for Federal Student Aid (FAFSA) simplification. Thursday, October 19 at 1 p.m. EDT. You can submit your questions here.
CapinCrouse Named a Top 200 Firm and Best Workplace
We are honored to have been named a Top 200 Firm by INSIDE Public Accounting for the seventh consecutive year, moving up 16 spots on the list from 2022 and demonstrating the firm’s continued strong organic growth. The annual list recognizes the 200 largest accounting firms in the nation, based on U.S. net revenue.
CapinCrouse was also designated a Certified Best Workplace by the Best Workplaces Institute for the third year in a row. This certification is based exclusively on employee feedback and highlights our firm’s deep commitment to providing a healthy, engaging, and empowering work environment that supports our employees in their professional and personal development.
We sincerely appreciate our dedicated clients and team members who make our continued success possible. Thank you!
