Nonprofit Resources

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Nonprofit Issues Newsletter, June 2021

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Learn about the new gifts-in-kind standards, communication and leadership best practices, key higher ed trends, and other updates.

 

Implementing the New Gifts-in-Kind Presentation and Disclosure Standards

Nonprofits need to be planning for the new presentation and disclosure standards for contributed nonfinancial assets, also known as gifts-in-kind.

Learn about the new requirements and how to implement them in this article.

 

Bridging the Gap: Communication Best Practices for Management and Board Members

Since the onset of the pandemic, nonprofits have needed to brainstorm how to navigate organizational challenges that previously never existed at this level or intensity.

As your nonprofit plans for the future, communication between board members and management is especially critical. These six considerations can help optimize communication.

 

5 Higher Education Trends for Private Institutions to Monitor

There’s no doubt that this has been a year and a half unlike any other for higher education institutions. The effects of the COVID-19 pandemic continue to be felt. At the same time, the industry is experiencing flat or declining enrollment trends and increasing tuition discount rates driven by competition to attract and retain students.

Here are five key trends and developments nonprofit higher education institutions should be aware of and monitoring.

And don’t miss our free “HEERF Update – Where are the “Gotchas”?” webcast on July 15. Learn more and register.

 

Breaking Down Barriers — and Siloes: Addressing Leadership Challenges in a Remote Environment

The next group entering the workforce expects location flexibility and demands a vibrant corporate culture. Meanwhile, the need for productivity and efficiencies has not changed, as nonprofits are continuously expected to do more with less.

Effectively managing a remote team is a matter of being intentional and adaptive. Learn how.

 

Newsbits

Enhanced Nonprofit Knowledge

As a national CPA and consulting services firm exclusively focused on serving nonprofit and higher education institutions, we are pleased to share that all of our firm’s managers and partners have each completed and earned a Not-For-Profit Certificate from the American Institute of Certified Public Accountants (AICPA).

This in-depth program has complemented our existing knowledge and provided us with timely new information and resources to further assist our nonprofit clients. Learn more.

 

Congratulations to Our New Partners
Christopher M. DuKate, Brent R. Smith, and Kenneth Q. Tan have been admitted as partners in the firm effective June 1, 2021.

Each of these outstanding professionals serves our clients, firm, and communities with distinction. Read more.

 

Meet Ted Batson
CapinCrouse Partner and Tax Counsel Ted R. Batson, Jr. leads the firm’s tax practice and works with a wide range of nonprofits. He also is the firm’s subject matter expert on Paycheck Protection Program loan issues related to nonprofits.

“I love what I do because of the clients I serve and the lives they transform through their service,” Ted says. “On top of that, I get to work with some of the most dedicated and professional people I know.” Learn more about Ted.

 

Join Us for the CapinTech Cyber Series
The new CapinTech Cyber Series of free webcasts is designed to keep you up to date on the latest cybersecurity issues and risks, with practical steps you can take to address them. Please join us on August 4 for Remote Working: What We’ve Learned in the Past Year.

Plus, you could win a free Cyber Checkup designed to help you check and improve your organization’s cyber health in two high-risk areas. You’ll receive one entry for each Cyber Series webcast you attend live or watch within one week of the webcast date. The winner will be announced on December 13, 2021, after the final session of the series.

 

Don’t Miss the “Insights” Facebook Live Series for Church Leaders
Our “Insights” Facebook Live series provides financial, governance, and other guidance for church leaders in under five minutes. Please join us on Facebook for an upcoming shortcast:

Fraud As It Relates to the Key Processes in Your Church: Cash Disbursements/Accounts Payable
Thursday, July 22
12 p.m. EDT

 

How Weaknesses in Device Management Could Impact Your Financial Statement Audit
Thursday, August 26
12 p.m. EDT

 

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