It’s O.K. to be Heard

On a daily basis nonprofit organizations, along with those they serve, face critical issues, financially and nonfinancially; however, due to common misconceptions about lobbying and 501(c)(3) organizations, many organizations fail to voice their concerns to their local legislators.

The Risk of Not Honoring Donor Restrictions

Posted by Jonathan D. Moll, CPA If you’re a nonprofit organization that receives donor-restricted contributions, you might want to think twice about spending those restricted funds for purposes other than what the donor stipulated. An Oklahoma hospital that failed to build a women’s health center in honor of country singer Garth Brooks’ late mother must pay the country singer $1 … Continued

8 Tips for Running a Valid Accountable Plan

Posted By Saaib Uppal, Staff Accountant If you are managing a nonprofit company that carries an accountable plan for employee business expense reimbursements, you should ensure that you are in compliance with IRS requirements.    Not being so will leave you at risk of having to add reimbursed expenses as earnings on the employee’s W-2 form.  Below is a quick summary … Continued

The Value of Nonprofit Associations

Posted by Christina K. Bell I recently attended the Delaware Association of Nonprofit Agencies (DANA) annual membership meeting. During opening remarks a quickly stated fact caught my attention. DANA’s current membership only represents one-third of the state’s domestic nonprofits, even after membership grew 71% over the past year. I tried to think of why 2 out of 3 nonprofits would choose … Continued