Nonprofit Resources
Qualified Charitable Distribution Trap for IRA Checkbook Holders
There's a potential pitfall for IRA owners whose account is with a custodian that provides the owner with a checkbook they can use to write checks on their IRA account. Here's what your organization should know about this issue.
Comparing Your Church’s Performance
Comparing your church’s financial results can help you spot issues as well as strengths and plan strategically. Here's how.
IRS Provides Guidance on New UBTI Rules
The IRS has provided some much-needed guidance on the provision in the new Tax Cuts and Jobs Act that requires calculation of unrelated business taxable income (UBTI) separately with respect to each unrelated trade or business. While the IRS still intends to issue proposed regulations on this issue, these guidelines will help exempt organizations compute their UBTI in the short-term.
How Predictive Analytics Is Transforming NPO Fundraising
Perhaps the most important technological breakthrough for NPO fundraising in recent memory is predictive analytics. This technology is enabling NPOs to run more effective fundraising campaigns and quickly boost their fundraising results. Here's how your organization could benefit.
Challenges in Auditing GIK
Assessing an nonprofit’s policies and procedures related to valuing material gift-in-kind (GIK) transactions is an important part of an NFP audit. Because there is no single source of pricing that is appropriate for valuing GIK donations, it falls on the NFP to arrive at an appropriate estimate of fair value. Here are some key considerations.
The Importance of Cybersecurity Training
While your organization needs to have filters, processes, and controls in place, it’s important to not overlook the “doors” that can be left unlocked by employees and other network users.
Reconciling Liquidity to Net Assets without Donor Restrictions, an Addendum
Further insight on ASU 2016-14 for churches, with a focus on reconciling liquidity to net assets without donor restrictions.
Giving Thanks
November 15, 2018 - Happy Thanksgiving! We are grateful to work alongside nonprofits that are changing lives every day. We want to let you know about some changes that will help us continue to empower nonprofits in the decades ahead.
Are Voluntary Donations to Ministers Gifts or Taxable Income?
Churches should be aware of a recent Tax Court ruling on voluntary donations to ministers.
Helpful Nonprofit Cybersecurity Resources
National Cybersecurity Awareness Month is almost over, but it’s important to make cybersecurity a top priority year-round. Here are some ways you can boost your cybersecurity knowledge and defenses.