Nonprofit Resources
Nonprofit Issues Newsletter, October 2024
Overtime updates and resources, risk assessment in higher education institutions, cybersecurity tips, church fiscal year-end considerations, and more.
Overtime Updates and Resources
With the recent changes to the federal overtime rule, it’s essential for nonprofits to understand the requirements and maintain compliance. We have gathered some information and resources to help.
Learn about the changes and steps you can take to manage them effectively here.
Performing Risk Assessment in Higher Education Institutions
Internal audits are an essential element of enterprise risk management at higher education institutions. And an effective internal audit process includes performing a comprehensive assessment of the risks the institution faces.
This article provides suggestions to help you identify areas of risk within your institution and develop an effective risk assessment process.
Cybersecurity Awareness Month 2024: How to Reduce Your Organization’s Risk
It’s Cybersecurity Awareness Month! Throughout October, we’ve been sharing resources, tips, and best practices on social media.
Check out this summary of our recommendations to help keep you and your organization secure.
Should Your Church Change its Fiscal Year-End?
If your church uses a calendar year-end of December 31 as its fiscal year-end, you may want to consider whether you would benefit from changing it.
We continue to see more churches moving away from a December 31 fiscal year-end. Here’s what to consider, including potential advantages and disadvantages.
Updates on the Foreign Grant Reporting Act
In May 2024, the U.S. House Ways and Means Committee voted unanimously to advance the Foreign Grant Reporting Act. While the intent of the proposed legislation is to help uncover funds sent to terrorists and others engaged in illicit activity abroad, it could have serious unintended consequences for mission organizations, missionaries, and their local partners serving in regions of severe persecution.
Our recent email alert explains why.
Newsbits
Join Us at the CapinCrouse National Church Virtual Seminar
Challenges are inevitable — but they also present opportunities for growth and transformation. Join us at our annual CapinCrouse National Church Virtual Seminar on Wednesday, November 13 and Thursday, November 14 for insight to help your church address current realities and prepare strategically for what’s ahead.
You’ll learn from informative speakers and engaging panel discussions on a wide range of topics, and CPE credit is available. Learn more and register.
Smart Tools to Help You Measure and Improve Your Nonprofit’s Operations
Measure and improve your nonprofit’s operational effectiveness with OpX360®! These convenient online assessments are now available free of charge from The Capin Center for Nonprofit Excellence, a CapinCrouse company.
You can learn more about these complimentary smart tools and get started here.
Higher Education Price Index Survey Now Available
Commonfund Institute is surveying higher education institutions about their operational costs. The results will be used in the Higher Education Price Index (HEPI), which provides insight into the expense structure for colleges and universities.
Providing feedback will help ensure that HEPI is as relevant and useful as possible. You can take the brief survey here.
Announcing Our New Phoenix Office
CapinCrouse is pleased to announce the opening of our new office in Phoenix, Arizona! As a national CPA and consulting firm devoted to serving nonprofit organizations, we are excited to increase our ability to serve existing and new clients in the Phoenix region and across the Southwest with excellence.
With a network of offices across the nation and extensive remote capabilities, CapinCrouse has the depth of resources of a large firm and the personal touch of a local one. Please contact us to learn more about our Phoenix team, which is led by Partner Mark Yoder, or how we can serve you nationwide.
CapinCrouse Named a Best of the Best Firm
We are honored to have been named an Inside Public Accounting Best of the Best firm for the second year in a row!
The top accounting firms in the country were ranked on more than 35 metrics and selected exclusively for their performance in specific key areas, including management, growth, and strategic vision.
