October 2025 GoFundMe recently confirmed that it has automatically created donation pages for approximately 1.4 million nonprofit organizations across the…
Accounting Best Practices for Independent Schools: Safeguarding Financial Health—Even When School’s Out!
As the final bell rings and students head off for summer adventures, independent school leaders can finally take a well-earned…
Accounting for Contributions in Nonprofit Organizations
Nonprofit organizations play a vital role in society by addressing various social, cultural, and environmental needs. To effectively manage their…
Navigating Federal Funding Freeze Uncertainty: What Organizations Need to Know and Do
In an unprecedented move, the Office of Management and Budget (OMB) issued Memorandum M-25-13 on January 27, 2025, implementing a temporary pause…
UBIT Triggers for Nonprofit Organizations
Nonprofits must be diligent in identifying potential UBIT-triggering activities and understanding how these activities align or conflict with their tax-exempt…
Nonprofit Volunteers: Unpaid Employees or Independent Contractors?
Tax-exempt organizations often refer to individuals who assist with various activities related to the exempt purpose of the organization as…
