Cash Flow Fundraising

Cash Rules Everything Around Me

This is a common thought running through the minds of many Controllers of not-for-profit entities, especially during times when fundraising events are being held.

Nonprofit CPA Firm

The AICPA Introduces the Not-for-Profit Certificate Program

As described in our earlier blog “The AICPA Introduces the Nonprofit Membership Section,” the AICPA has broadened their membership requirements for non-CPA associates and added a not-for-profit (NFP) section which allows non-CPAs to join the AIPCA and have access to numerous NFP resources. In an effort to strengthen this new NFP section, the AICPA recently launched the NFP Certificate Program.

AICPA Nonprofit Membership - Nonprofit CPA Firm

The AICPA Introduces the Nonprofit Membership Section

In an effort to better serve the nonprofit community, the AICPA’s governing Council voted to broaden Section membership requirements for non-CPA Associates. Those who have management or governance responsibilities with respect to a nonprofit, including those who serve as board members or as volunteers, are eligible to join the AICPA as a non-CPA Associate.

Charity Navigator - Nonprofit CPA Firm

Back to School with Charity Navigator

School has officially started across the country, and it looks like students won’t be the only ones who will be graded out of 100 points this year. Charity Navigator, a nonprofit organization that evaluates charities in the United States and compares them to charities with similar causes, recently changed their rating system from a 70-point scale to a 100-point scale.

Nonprofit CPA Firm

Did you download the instructions for Form 1023-EZ before August 4, 2014?

If you downloaded the Instructions for Form 1023-EZ before August 4, 2014, please take note of the following change:

The IRS has updated the instructions for Part 1, line 8 to allow officers, directors, and/or trustees to use the organization’s mailing address rather than their personal mailing address.

Applying for Tax Exemption Just Got “EZ”er

Last summer I wrote a blog entitled “IRS Determination – Why the Wait” that described the IRS’s process for evaluating application forms of organizations applying for tax exempt status under Section 501 (c)(3).