Nonprofits Need to Study Affluent Donors and Giving Trends
Smaller donations and gifts from lower-income donors have consistently dropped. This is why analyzing the giving trends of more affluent donors is critical for nonprofits.
Quarterly Nonprofit Update: Fall 2023
A third quarter not-for-profit industry update sees revenue growth and new opportunities in some segments, like museums, parks, and zoos, and challenges for membership and religious organizations. Resilience and innovation are key to navigating a changing nonprofit landscape.
Accounting Outsourcing for Not-for-Profit Organizations
Struggles within a not-for-profit's accounting department drain time and resources that could be used to focus on achieving the core mission of the organization. Outsourced accounting can be a powerful solution.
Private Foundation Do’s and Don’ts: Common Self-dealing Issues
Private foundations generally may not engage in transactions with disqualified persons, even under terms that are favorable to the private foundation.
Revenue recognition for not-for-profit organizations
A white paper about how entities in the not-for-profit industry may be affected by the new revenue recognition guidance in ASC 606.
Prevent Check Fraud with Positive Pay
Check fraud is on the rise. An online banking feature called positive pay is an effective tool to prevent or minimize check tampering, and all nonprofits can use it.
U.S. Charitable Donations Fell Last Year
Donations to charity fell to $499 billion last year, a 3.4% decrease from 2021.
Debunking 5 Common Myths about Nonprofits and AI
There are many misconceptions about artificial intelligence. Here are five common myths to debunk about nonprofits and AI.
Nonprofit Advertising Rules: Periodicals, UBTI, and Membership Receipts
Two previous articles in this series went into detail about how nonprofits can incur taxable income from advertising or sponsorship sales, and how different the taxable impact can be depending on the relationship of certain costs to certain types of income. There is another important consideration of UBTI and advertising: allocable membership receipts.
Nonprofit Advertising Rules: Periodicals and Unrelated Business Taxable Income
Nonprofits can generate revenue from their periodicals through advertising; while this type of revenue is considered to be an unrelated trade or business activity, it might not always be taxable. The key is to understand the relationship between certain costs and types of income.