Tricky Compliance Risks for Not-for-Profits: Best Practices for Boards and Executives
Keeping your not-for-profit on mission depends on your organization’s ability to overcome the riskier areas in compliance: donor…
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Our blog is an extension of the advice you receive every time you speak with one of our advisors. From industry and advisory trends to useful tax and audit resources and Anders news, you'll gain insights into what we do, who we are and how we can help.
39 Results Found
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July 16, 2024
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January 8, 2024
Jeanne Dee Appointed to FASB Not-for-Profit Advisory Committee
Jeanne Dee, CPA/CGMA, audit and assurance partner at Anders CPAs + Advisors (Anders), has been appointed to the…
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December 8, 2022
How Not-for-Profits Can Prepare for 2023 Amid Talent Crunch and Market Volatility
Anders hosted a panel for the final installment of the Not-for-Profit in the Know webinar series of the…
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December 6, 2022
Not-for-Profits in the Know Recorded Webinar: Tapping into Talent, Reacting to Market Volatility and Financial Planning for 2023
We’re wrapping up our 2022 Not-for-Profits in the Know webinar series designed to educate and empower community leaders to further…
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October 26, 2022
Attract Better Donations with a Strong Gift Acceptance Policy
Although it may seem counterintuitive, creating a gift acceptance policy that outlines unwanted donations to your not-for-profit organization…
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September 15, 2022
Not-for-Profits in the Know Webinar Series: Demystifying Cryptocurrency and Digital Assets
With tons of philanthropic activity happening in the cryptocurrency space, should your organization pursue digital assets? While some…
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July 21, 2022
Not-for-Profits in the Know Webinar Series: In-Kind Donation Reporting is Changing
With new reporting guidelines issued for in-kind donation reporting, is your organization prepared to implement these changes? The…
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April 19, 2022
6 Key Responsibilities for Not-for-Profit Finance Committee Members
The Finance Committee is a vital part of any not-for-profit organization but serving on a Finance Committee often…
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January 18, 2022
Recent Auditor Report Changes – What Do They Mean For Not-for-Profits?
As a follow-up to our recent Not-for-Profit Symposium, we’re looking at the new auditor’s report changes and why…
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January 11, 2022
Following Top-Tier Service to Navigate Change for the Greater St. Louis Dental Society
The Situation Where service goes, Meg Stagina will follow. After all, as Executive Director of the Greater St.…
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December 14, 2021
How Not-For-Profits Can Take Advantage of Remaining CARES Act Funding
As a follow-up to our recent Not-for-Profit Symposium, we’re revisiting how not-for-profits can utilize remaining funds given out…
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June 22, 2021
Not-for-Profit and For-Profit Entertainment Venues Will Need an Audit for SVOGs over $750,000
The $16 billion Shuttered Venue Opportunity Grant (SVOG) program was created to offer much-needed COVID-19 relief to entertainment…
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May 29, 2021
Assisted a Not-for-Profit Investment Fund Meet SEC requirements
Assisted a new investment advisory client modify its financial statement presentation to meet recently imposed SEC reporting requirements.
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April 1, 2021
A Powerful Partnership Built on Trust with the National Wood Flooring Association
The Situation With three separate and unique not-for-profit entities and a for-profit all housed under one umbrella, the…
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March 12, 2021
Developed Revenue Allocation Process to Save Labor Union 25 Hours Per Month
While auditing a labor union client, we encountered difficulties with reconciling the numerous categories of dues revenue during…
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January 15, 2021
How the Stimulus Package is Impacting Not-for-Profit Organizations
The Not-for-Profit sector has finally received some good news as it relates to COVID relief and the new…
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September 29, 2020
How Not-for-Profits Can Manage Cash Flow in a Crisis
Not-for-profits have to walk a delicate line even in the best financial situation. Now with more financial strain…
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September 29, 2020
What Not-for-Profits Need to Know About Sales and Use Tax
When it comes to not-for-profit organizations, each state may treat them differently from a tax perspective. Some not-for-profit…
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September 29, 2020
How Associations Can Build an Online Community to Retain Members
Now more than ever associations need to find a way to connect with their members. Peer support is…
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September 29, 2020
Internal Controls for Not-for-Profits in the New Normal
As stay-at-home orders and social distancing have shifted the workforce in many ways, not-for-profits are left with many…
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September 28, 2020
Keep Cash Flowing by Increasing Membership in Associations
The middle of a pandemic might seem like an unlikely time to embrace the recruitment and retention of…
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September 19, 2020
Uniform Guidance Updates for Organizations with Federal Grants
Organizations that receive greater than $750,000 of federal grants are usually subject to additional audit requirements, commonly referred…
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September 17, 2020
How the New Revenue Recognition Treatment Will Affect Not-for-Profits
The way most organizations recognize revenue under U.S. Generally Accepted Accounting Principles (GAAP) was set to change this…
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September 8, 2020
GAAP Financial Reporting Considerations Related to COVID-19
There’s no doubt that not-for-profits have been thrown into a “new normal”. For the past few months, board…
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September 6, 2020
In-Kind Donations: How Not-for-Profits Should Treat Non-Cash Contributions
Not-for-profit organizations love cash contributions, but donors may also want to contribute a variety of non-cash items including…
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September 4, 2020
4 Ways Not-for-Profits Can Be Flexible and Cost-Effective Using Technology
If your not-for-profit is looking for ways to empower staff and continue with your mission during this time,…
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September 3, 2020
Using Form 990 to Market Your Not-for-Profit
While tax-exempt not-for-profit organizations don’t typically have federal tax liability, most are still responsible for filing an annual…
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August 27, 2020
PPP Loan FAQ: What Not-for-Profits Need to Know About Forgiveness Timing and Tax Planning
With the end of the year looming closer, many organizations are focused on ensuring they receive forgiveness for…
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August 25, 2020
How the CARES Act Encourages Charitable Giving in 2020
To encourage more charitable giving in 2020 and to help charitable organizations recover from the pandemic, the CARES…
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July 16, 2020
How Labor Unions Can Benefit from the CARES Act
Updated 5/4/2021 The CARES Act enabled various relief programs for business and exempt entities. While some of the…
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March 31, 2020
A Message To Our Valued Not-for-Profit Friends in Response to the COVID-19 Crisis
As we continue to navigate unchartered waters, we know the impact this pandemic is having on the not-for-profit…
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December 23, 2019
Unpopular Parking Tax on Not-for-Profits May Be Repealed
Many not-for-profits organizations have been concerned about the taxability of parking and transportation benefits as a result of…
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September 24, 2019
Charitable Giving is Down Following Tax Reform: How Not-for-Profits Should React
The Tax Cuts and Jobs Act (TCJA) significantly changed the tax benefits of donating to your favorite charity…
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June 26, 2018
How Not-for-Profits Can Focus on the Mission, Not the Financials
Working within a tight budget can cause some not-for-profit organizations to neglect their financial reporting. Office managers may…
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May 8, 2018
Not-for-Profit Board Governance Best Practices to Implement
No matter the size of the organization, if you’re serving on the board you want to feel confident…
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March 26, 2018
Tax Cuts and Jobs Act Provisions Impacting Businesses
The House and Senate have voted and passed tax reform legislation, and President Trump has signed into law.…
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