Recent Articles

Conflict of Interest

Originally Posted: October 3, 2025

What is conflict of interest?

A conflict of interest arises when a board or a staff member is in a situation where his decision making may be impaired by personal, financial, or other busin

What Happens When the Federal Government Funds a Capital Project? A Guide for Accountants

Originally Posted: September 25, 2025

When federal funds are used to acquire property, purchase equipment, or carry out capital projects, recipients must navigate a complex set of regulatory requirements.

Navigating Financial Uncertainty Rethinking Revenue: Diversification with Intention

Originally Posted: September 11, 2025

Nonprofits are evaluating their traditional ‘three-legged stool’ funding models and evolving towards a more intentional approach.

Cost Allocations: The Basics

Originally Posted: August 28, 2025

For nonprofit organizations, implementing and clearly documenting a cost allocation methodology is essential.

Negotiated Indirect Cost Rate Agreements (NICRA) Benefits and Considerations

Originally Posted: August 14, 2025

Introduction

Accounting for Promises to Give

Originally Posted: July 14, 2025

Accounting for Promises to Give Under GAAP, the term “promises to give” is used to describe donor agreements to contribute cash or other assets.

Treasury to Phase Out Paper Checks for Federal Disbursements and Payments

Originally Posted: June 9, 2025

A recent Executive Order directs the U.S.

Top Tax Tips for Nonprofits in 2025

Originally Posted: May 22, 2025

Navigating tax compliance is a crucial responsibility for nonprofit organizations.

Reserves

Originally Posted: May 6, 2025

Operational reserves

Operational reserves are funds an organization accumulates over the years by operating with a surplus.

Liability

Originally Posted: April 30, 2025

With authority and legal responsibility comes liability.