Nonprofit Resources
SBA and Treasury Agree to Make More PPP Data Public
June 22, 2020 - The data to be disclosed includes business names, addresses, nonprofit information and loan amount range. The objective is to provide "enhanced transparency" regarding the PPP.
PPP Loan Application Survey Results
June 18, 2020 - We surveyed leaders of churches, faith-based higher education institutions, and nonprofits about their experience in applying for funds through the CARES Act. Here are the results.
An Update and New COVID-19 Resources for Nonprofits, Churches & Higher Ed
June 4, 2020 - Catch up on our newest COVID-19 resources, including a look at the Paycheck Protection Program Flexibility Act and the key changes it will make to the PPP loan program.
Loving Our Neighbors
June 4, 2020 - We ask that all of us turn our hearts, our prayers, and most importantly, our actions back to what God has asked of us: ‘You shall love your neighbor as yourself.’
Webcast for Nonprofits: Liquidity – Unprecedented Uncertainty
June 25, 2020 - What can small, faith-based nonprofit organizations do to get immediate liquidity if they do not have discretionary cash? This webinar will explore the best practices of organizations addressing the question of liquidity while facing a new level of uncertainty.
“Insights” Facebook Live Series for Church Leaders
We’re excited to introduce our new “Insights” Facebook Live series! Join us each Thursday at 12 p.m. ET for financial, governance, and other guidance for church leaders in under five minutes.
Substantial Presence Test Relief for Certain Eligible Non-Resident Aliens
April 22, 2020 - The IRS has granted relief from the “number of days requirement” applicable in the “substantial presence test” to certain non-resident alien individuals who will be in the U.S. in 2020 for more days than anticipated due to travel restrictions arising from the COVID-19 pandemic.
Preparing for Paycheck Protection Program Loan Forgiveness
April 22, 2020 - If your nonprofit applied for and received a loan through the Paycheck Protection Program (PPP), it’s important to take immediate steps to ensure the funds are correctly handled and tracked during the next eight weeks.
COVID-19 and Church Giving: How Does Your Church Compare?
April 21, 2020 - We surveyed churches of all sizes across the U.S. to gauge the impact and trends of recent events on giving. See how your church compares.
IRS Extends Deadline for Self-Correction of 403(b) Plan Provisions to June 30
April 21, 2020 - If your nonprofit sponsors a 403(b) retirement plan with provisions that fail to meet Internal Revenue Code (IRC) Section 403(b) requirements, you can correct this by adopting plan amendments. The IRS has extended the deadline to June 30, 2020.