Featured Articles

Elizabeth Hamilton Foley
Jul 13, 2021

QuickBooks (QB) is a very reasonably priced accounting solution used by many small and midsized nonprofit organizations. One drawback, however, is that it does not have a way to separate net assets on the balance sheet other than by past or current. It starts with three “equity” (net assets) accounts:

 

Alliance for Justice
Jun 29, 2021

As states grapple with a host of contentious issues, including severe budget cuts, efforts to alter public employee rights and benefits, and legislation to curtail public services, organized efforts have emerged to oppose such actions, including recall elections and ballot measures. While organizations around the country may be eager to dive right in to all these activities, they need to make sure their participation is consistent with their tax exempt status.

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