By Sean McNeil, CPA, MBA, Accounting and Auditing Director Looking for new sources of income for your nonprofit organization? It may be hidden in your own treasury in the form of excess cash. Nonprofits can invest excess cash with limited risk options that include...
By Jayme F. Moore, CPA, Vice President & Director Often times, discussions about endowments may result when a nonprofit organization is approached by a donor who wants to contribute a large gift. Essentially, endowments are donor restricted contributions that are...
By Jayme F. Moore, CPA Vice President and Director Effective cash handling controls are essential to help mitigate potential theft, fraud and errors. Organizations that establish strong cash controls can support financial integrity and trust for their organization....
By Sean S. McNeil, CPA, MBA Accounting and Auditing Director Nonprofit organizations use many names to describe their major fundraising efforts. While the labels differ, the purpose of development and advancement remains consistent: to sustain the mission of the...
Jayme F. Moore, CPA Vice President & Director Cost allocation may not be your favorite task — particularly if your nonprofit has many activities. Yet the process is critical because donors and funders want to know how your organization uses its financial...
Sean S. McNeil, CPA, MBA Accounting & Auditing Director Values and beliefs are foundational to the existence of most nonprofit organizations. So it follows that the manner in which an organization’s work is carried out matters as much as its results. Your...