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.
Third-Party Administrators vs. Retirement Plan Sponsors: Who’s Responsible for What?
If your organization sponsors an employee retirement plan, you are responsible for complying with the complex standards and regulations. It’s vital to understand what your responsibilities as the plan sponsor are, versus the responsibilities you may contract out.
Three Critical Privacy Issues Every Nonprofit Entity Should Consider
Most nonprofit organizations collect, use and store “personal information” of donors and staff. There are well over 200 laws, just in the United States, that mandate protections of this information.
Board Governance: A Board Member’s Perspective
A nonprofit’s governing body is integral to the success and effectiveness of the organization. But what exactly does it take to excel as a board member? This article highlights insights into board member responsibilities and how nonprofits can position their boards for success.
Meet SASB: Why Sustainability Metrics Are Smart for Nonprofits
A relatively new standard-setting body, the Sustainability Accounting Standards Board (SASB), is shaking up the way entities communicate with their stakeholders. There are several lessons the nonprofit sector can use to deepen and improve the way they tell their stories.
Aligning Your People Strategy with your Organization Strategy = Results
Aligning your HR strategy with your business/operational strategy is key. Knowing how to find the right people and get them to want to work for you and stay is the secret to a competitive advantage.
4 Steps for Next Level Cybersecurity
Given the high stakes, it’s vital to ensure that your organization has sufficient cybersecurity protection. These four steps go beyond the basic cybersecurity practices you should follow to help you further strengthen your organization’s cybersecurity defenses.
A Deeper Dive Into ASU 2016-14 Implementation Issues – Part Two
This article takes an in-depth look at two areas of Accounting Standards Update (ASU) 2016-14: expense reporting and reclassification upon expiration of donor-imposed restrictions.
IRS Focuses on Employment Tax Issues During Tax-Exempt Organization Audits
Based upon the IRS’ continued focus on employment tax issues, it is imperative that tax exempt entities review their policies and processes and invest in initiatives and resources to ensure compliance.
What to Know About Taxation of International Students Receiving Financial Aid
If your institution has international students who receive financial aid, there are specific income tax requirements you need to be aware of.