Nonprofit Resources
Proposed Rules Governing Borrower Defense and Financial Responsibility
July 12, 2016 - In an effort to hold higher education institutions accountable and protect the federal government’s financial interests, the Department of Education recently proposed new regulations that will more than likely impact your nonprofit higher education institution.
Nonprofit Issues Newsletter, Summer 2016
This issue provides insight on a new cyber security threat targeting finance departments, what you need to know about the FASB ASU on leases, the latest nonprofit fraud statistics, and more.
New IT Security Threat Targeting Finance Departments On the Rise
A hacked email account. A perpetrator posing as a senior leader and requesting a fraudulent funds transfer. This may sound like a movie plot, but it is a reality we see playing out more and more. Learn more about this type of IT security breach and four recommendations for preventing it.
2016 Higher Education Tax Update
The CapinCrouse 2016 Higher Education Tax Update covers the latest developments across a range of key topics. This includes IRS updates, Form 1098-T reporting changes, how to determine if you are an Applicable Large Employer (ALE), and how the overtime final rules affect higher education institutions.
Overview of the FASB Accounting Standards Update on Leases
What you need to know about the FASB Accounting Standards Update (ASU) on financial reporting for leasing transactions, plus action items for consideration.
Nonprofits Warned About Email Scam
According to published reports, a number of organizations have received emails from an individual in England who was unknown to the organizations and offered a donation of approximately $30,000. Learn how this scam works.
Public Confidence in Nonprofits Varies
Statistics to consider when you complete your next Form 990 or draft your next annual report, along with information on how CapinCrouse can help.
The IRS Takes These Board Financial Responsibilities Seriously – Do You?
If you serve on the board of an organization, you’ve probably heard the term “fiduciary responsibility” and know that it applies to your role as a board member. Yet you may not be aware of exactly what that involves for board members of not-for-profit organizations.
Common Church Finance Department Mistakes and How to Remedy Them
A look at some of the common mistakes made in church finance departments and how these mistakes can be remedied.
Foreign Operations Reporting
The IRS has an extensive reporting structure for foreign activities by U.S. individuals and corporations. Nonprofit corporations, religious workers, and churches are not exempt.