Nonprofit Issues Newsletter, February 2021
Is Your Organization Audit Ready?
Whether you are facing an audit for the first time or have recurring audits, making sure your organization is ready might feel a bit overwhelming.
These steps will help you get organized and prepared.
Planning for Higher Education Emergency Relief Fund II (HEERF II)
Similar to the first round of the Higher Education Emergency Relief Fund (HEERF I) provided under the CARES Act, HEERF II provides funding for student financial aid grants and institutional grants.
However, there are key differences between the two rounds of funding. Here’s what institutions should know.
Using Data to Create an Infrastructure of Success
In today’s digital economy, every business is driven by data, and nonprofit organizations are no exception. Nonprofits must be able to leverage data from various sources to create an infrastructure of success both internally and externally.
Ask these critical questions to develop an effective strategy for your organization.
Analyzing Key Financial Indicators: Debt Ratios and Measurements
Monitoring and analyzing key debt ratios and measures can provide a comprehensive examination of your church’s debt and how you are managing your financing obligations.
Learn what to monitor and how, along with recommended benchmarks, in this article.
Join Our Free Webcast on the Employee Retention Credit
This March 4 webcast will provide an overview of the Employee Retention Credit as it relates to nonprofit organizations, including the updates that were made to the program as part of the Consolidated Appropriations Act passed in December 2020. Learn more and register.
Download Our New E-book for Churches
The Four S’s That Keep Church Leaders Awake at Night delves into sustainability, succession, structure, and security — four key areas leaders need to address to help their churches to manage the challenges and opportunities ahead. Download your free copy today.
Employee Spotlight: Nathan Salsbery
Partner and Executive Vice President Nathan Salsbery’s nearly 20 years of experience serving nonprofits includes fraud prevention and forensic accounting. He also earned a Master of Divinity and served as Associate Pastor at his local church.
“CapinCrouse has provided me the perfect opportunity to blend my professional desire to continually learn the technical aspects of helping nonprofits through audit, accounting, and fraud prevention services with my lifelong passion for ministries and organizations that are changing lives in communities throughout the world,” he said. Learn more about Nathan.Sign up for e-news and alerts