Revenue Recognition & Recording Pledges
Revenue recognition refers to the procedures used to record and report funding received and depends on the type of pledge. Learn more about the different types of pledges and how to record them.
Preparing for an Audit: A Guide for Not-for-Profit Organizations
Proper audit preparation can help reduce stress, keep the audit on schedule, and ensure a smooth process. Read more to learn how your organization should prepare for an audit.
Essential Written Policies for Nonprofits: Protecting and Guiding Staff and Board Members
Nonprofit policies are not just documents—they are tools that help staff and board members do their work with confidence, stay within the law, and avoid confusion or mistakes. Learn more.
Nonprofit Deadlines to Remember
There are some important due dates that may be applicable to nonprofit organizations with a year-end of June 30, 2025. Learn more by reading the full article.
In-Kind Donation Overview
Nonprofit organizations frequently receive in-kind donations. Receiving in-kind donations raises an important financial question: How should nonprofits record these contributions in accordance with GAAP? Find out more.
Financial Statement Overview: The Different Statements and Their Uses
Financial statements provide a clear picture of a not-for-profit organization’s financial health. Read more to find out what's included in a complete set of financial statements for a not-for-profit organization.
Increasing Value Through the Use of AI
Artificial Intelligence (AI) is transforming organizations by allowing them to streamline operations and enhance decision making. Read more about how to incorporate AI into your organization.
Nonprofit Deadlines to Remember
There are important nonprofit deadlines to remember for organizations with a year-end of December 31, 2024. Read more for a complete list of due dates.
Reminders – What Items to Review Each Year
Nonprofit organizations have several moving pieces that could change from year to year. There are details which should be revisited on an annual basis to ensure accuracy and completeness. Learn more about items to assess each year to help your nonprofit organization run smoothly.
990 Overview – Different Parts of a 990
A question we often hear from our clients is “Why are you asking me so many questions?” The short answer is that the Form 990 is a complex tax return. In fact, the 990 requires more information than many for-profit tax returns. Learn more.