Linda J. Kramer, CPA, MBA Accounting & Auditing Director The Public Support Test is a critical measure used by the IRS to determine whether a nonprofit organization qualifies as a public charity rather than a private foundation. This test ensures that the...
Sean S. McNeil, CPA, MBA Accounting & Auditing Manager Assuming your organization operates on a calendar-year tax basis and filed its Form 990 on time this year, you probably don’t want to think about tax reporting again until next spring. However, it’s important...
Jayme F. Moore, CPA Vice President & Director External audits can help assure your nonprofit’s stakeholders that your financial statements are fairly presented according to U.S. Generally Accepted Accounting Principles. They can also help prevent occupational...
Sean S. McNeil, CPA Accounting & Auditing Manager Fraud awareness training and strong controls help nonprofits fight fraud, and the need for diligence is growing in the nonprofit sector. Nonprofit organizations suffer roughly half the median loss per incidence of...
Jayme F. Moore, CPA Vice President & Director Whether it’s inflation, the tight labor market or cybersecurity threats that are challenging you, it’s essential to keep your nonprofit economically healthy. Nonprofit leaders are facing many challenges today, and if...
Linda J. Kramer, CPA, MBA Accounting & Auditing Director Some provisions of the SECURE Act 2.0 of 2022 (a follow-up to the SECURE Act of 2019) have been in force for more than a year — including several that affect 403(b) retirement plans. If your nonprofit offers...
