Nonprofit Issues Newsletter, February 2021
February 23, 2021 - Articles on preparing for an audit, creating an effective data impact strategy, the second round of higher education relief funding, and more. Get insights you can use in our latest newsletter.
Planning for Higher Education Emergency Relief Fund II (HEERF II)
February 22, 2021 - Similar to the first round of the Higher Education Emergency Relief Fund (HEERF I) provided under the CARES Act, HEERF II provides portions for student financial aid grants and institutional grants. However, there are key differences between the two rounds of funding. Here’s what institutions should know.
Using Data to Create an Infrastructure of Success
February 22, 2021 - In today’s digital economy, every business is driven by data, and nonprofit organizations are no exception. Ask these critical questions to develop an effective data impact strategy for your organization.
Is Your Organization Audit Ready?
February 22, 2021 - Whether you are facing an audit for the first time or you have been audited for years, making sure that your organization is ready might feel a bit overwhelming. Here are a few tips that will help you get organized and ready for the first, or just the next, audit.
Deadline for First HEERF Annual Performance Report Extended to February 8
February 2, 2021 - The deadline for the first Higher Education Emergency Relief Fund (HEERF) annual performance report has been extended from February 1 to February 8, 2021.
Webcast for Nonprofits: The Employee Retention Credit and Nonprofit Organizations
March 4, 2021 - This free webcast will provide an overview of the Employee Retention Credit (ERC), including the updates that were made to the program as part of the Consolidated Appropriations Act passed in December 2020.
Higher Education Updates on HEERF Reporting and Funding; FAFSA Changes
January 22, 2021 - Learn about important higher education updates on HEERF reporting, round 2 of HEERF funding, and coming FAFSA changes.
Webcast for Nonprofits: The CAA, PPP Loans, and Nonprofits: What’s New and What’s Next
February 17, 2021 - The Consolidated Appropriations Act of 2021 brought a number of changes important to nonprofit entities, including an extension of the Paycheck Protection Program (PPP), the opportunity for a second loan, and updates to the Employee Retention Credit. Join this information-packed free webcast for a look at what’s new and how to prepare for the steps your organization needs to take next.
DOL Issues Opinion on FLSA Exempt Status and Ministerial Exception
January 15, 2021 - A new Department of Labor Opinion Letter discusses the general contours of the ministerial exception to the application of the minimum wage and overtime rules in the Fair Labor Standards Act (FLSA).
New PPP Guidance and Loan Application Forms Available
January 12, 2021 - The SBA and Treasury have released new PPP guidance and loan application forms. Here are the latest developments for nonprofit organizations to be aware of.