How to Generate Revenue Enhancement Opportunities for Your Institution
Many higher education institutions are considering alternative revenue sources as a way to bring in extra funding. As with most initiatives, the key is to plan diligently (Luke 14:28).
IRS Focused on Charitable Donation Substantiation Compliance
Recent Tax Court cases have demonstrated the IRS's increase in strict compliance with the substantiation requirements for charitable donations.
With Limited Resources, Nonprofit Financial Data is Key
Running a nonprofit takes blood, sweat and tears—and a steady stream of funding. But where does this crucial funding come from?
Anticipating Change: 7 Steps to an Effective Succession Plan
The modern workplace is one in which employee turnover is now the norm. Proactive organizations will anticipate, accept, and plan for this new reality.
Good News for Stragglers: OMB Issues a Uniform Guidance Procurement Grace Period Extension
Good news for organizations that receive federal funding subject to Uniform Guidance (UG), 2 CFR 200: If you haven’t updated your procurement standards, you have a little more time.
IRS Confirms ACA Penalties Still Apply, So ACA Reporting on Forms 1094 and 1095 Continues Too
Amidst the White House and legislative activities aimed at repealing the Affordable Care Act, many employers are questioning whether the ACA penalties will be enforced for prior year violations and if its reporting requirements still apply to the current year. The IRS confirmed that the ACA continues to be the law of the land.
Cybersecurity Best Practices for Churches
Cybersecurity is no longer an “IT issue.” It’s a critical operational issue. Church leaders need to understand the risk and ensure they are devoting the proper resources to addressing it.
Part Three – A Deeper Dive into ASU 2016-14 Implementation Issues
Part three in this series looks at how ASU 2016-14 will impact the reclassification of assets after donor-imposed restrictions expire.
5 Steps to Strengthen Your Church’s Cybersecurity Defenses
Hacking has been receiving a great deal of attention lately in the political arena, but many church leaders may not realize the severity and scope of the threat to their own ministry.
Introducing BDO’s First Nonprofit Benchmarking Survey
Nonprofits of all kinds can use the data in the report to understand how they compare to their peers and can leverage the survey’s insights in making important strategic decisions.