Engaging Donors At Every Level

By Adam Cole and Andrea Espinola Wilson Nonprofit organizations have been navigating change in almost every aspect of their operations over the past two years, including shifting priorities, a new employment landscape, and changes in fundraising and hosting programs and events. As organizations continue to reimagine what their futures will look like, donor engagement strategies…

Salary Increase Budgets Jump for Nonprofits

By Judy Canavan & Mike Conover In the face of the “Great Resignation” and rising inflation, organizations are taking a second look at the size of their salary increase budgets. For the last decade, budgets for merit increases have hovered around 3%. Now, salary increase budgets are on the rise to levels not seen in…

Executive Compensation Excise Tax

By Norma Sharara & Mike Conover InsightAs a result of the final regulations, some employers may be able to request refunds for overpaid taxes in past years using the relief provided. The publication of final regulations limits interpretive flexibility. Therefore beginning in 2022, increased consideration should be given to these requirements as the IRS began…

Are Your Activities Accurately Depicted in Your Functional Expense Analysis?

By: Amy Guerra, CPA The financial statement presentation for not-for-profit entities (NFP) experienced an overhaul with Accounting Standards Update (ASU) 2016-14, “Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities.”  Prior to the ASU, only voluntary health and welfare organizations had a requirement to include the statement of functional expenses as part of…