Nonprofit Observer

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Showing 1–16 of 198 results

  • Accounting for program services and the activities that support them

    Winter 2021
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 727

    Abstract: Donors and funders want to know how nonprofits use their financial resources — maybe even more than ever during this difficult time. Rules issued by the Financial Accounting Standards Board (FASB) can help them break down spending. This article reviews the key rules affecting expense allocation.

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  • Help staffers with tax-free disaster relief payments

    Winter 2021
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 432

    Abstract: With the COVID-19 crisis pushing people across the country into financial hardship, it’s natural that some nonprofits want to extend a helping hand to staff members. The good news is that the federal tax code provides a way to make tax-free direct payments to employees in need. This article explains the type of events that are “qualified disasters.” It also explains how certain disbursements to employees are generally excluded from the recipients’ gross income for federal tax purposes, and points out that employers don’t need to report them on W-2 forms.

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  • How will the IRS’s regs on donations for “consideration” affect you?

    Winter 2021
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 544

    Abstract: The IRS has issued its final regulations on the tax treatment of transfers made to charitable entities in return for “consideration.” Among other things, the rules tackle a recent tax strategy for avoiding the limit on state and local tax deductions imposed by the TCJA. This article discusses various parts of the regulations, including programs from state and local government that provide tax credits in return for certain donations. It also addresses the IRS’s clarification of the rule that limits deductions for quid pro quo contributions.

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  • Artificial intelligence moves to the nonprofit forefront

    Winter 2021
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 784

    Abstract: AI has made an impact on a wide range of industries, including the nonprofit sector. Although some organizations might find this evolving technology daunting and cost-prohibitive, AI tools can help nonprofits of all sizes cut costs by streamlining operations. They might even be able to leverage AI to better achieve mission-critical objectives. This article defines AI and discusses how it can be used to benefit operations and more. A sidebar gives real-life examples of how AI has helped nonprofits meet their missions.

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  • FASB proceeds with guidance on gifts in kind

    Fall 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 428

    Abstract: Many nonprofits rely on contributions of nonfinancial assets, such as fixed assets (land, buildings, equipment), services, and materials and supplies. New rules from the FASB are intended to increase transparency around such donations. This article discusses the new standard on handling gifts-in-kind donations, which was released in early 2020 and finalized in June. Key provisions of the standard are highlighted.

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  • Corporate matching programs – Still popular after all these years

    Fall 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 659

    Abstract: Corporate matching gift programs are an almost surefire way to make the most of charitably minded companies and their gift-giving employees. This article describes how matching programs typically work and how to pinpoint corporate targets. It also covers how an organization can create its own matching program.

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  • Audit prep: 6 ways to save time and money

    Fall 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 578

    Abstract: Amidst an economic crisis, the idea of undergoing an external audit may not be appealing. But it’s a valuable tool for demonstrating an organization’s financial condition to stakeholders — perhaps more important than ever in the shadow of COVID-19. This article presents some preparatory steps that can make the annual audit process less expensive and disruptive.

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  • Reduce your costs to cope with COVID-19

    Fall 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 863

    Abstract: Nonprofits of all kinds once again face a nationwide economic crisis, this time caused by the COVID-19 pandemic. The challenges are daunting, but previous recessions may provide a road map for helping organizations navigate the far-reaching effects of the virus. The path forward starts with strategic cost-cutting that contains expenses but allows you to continue your mission. Several areas make ripe targets for most nonprofits, including staffing, facilities and vendors. A sidebar focuses on another tactic: accelerating revenues and deferring bill payments.

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  • CARES Act: Don’t overlook 2 valuable provisions

    Summer 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 328

    Abstract: The CARES Act includes two significant, though sometimes overlooked, provisions that could aid struggling organizations. This article highlights the refundable credit against payroll tax and the deferral of the payment of the employer share of the Social Security payroll tax.

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  • Making long-term decisions about working from home

    Summer 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 633

    Abstract: It can be a tough scenario to confront: First the nonprofit sends their employees home to work remotely due to the COVID-19 pandemic. Now they want to stay there permanently. This article explores whether an organization should allow its employees to work from home more than they have in the past. Advantages for the employees and the employer are discussed, as are trial runs.

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  • What your donors need to know about taxes and contributions

    Summer 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 751

    Abstract: The heightened fundraising needs many nonprofits are currently feeling make it important that potential donors understand the tax benefits they stand to reap. This article covers some of the advantages that should be conveyed to encourage their support.

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  • 5 steps for surviving tough economic times

    Summer 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 865

    Abstract: Lessons from past economic downturns give nonprofits a roadmap for surviving a recession or depression. This article discusses steps to take, including evaluating one’s financial position promptly, communicating needs clearly with those who can help, and considering alternative funding sources. A sidebar discusses the considerations involved in determining the right staffing decisions.

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  • Launch strategies to handle the new overtime rules

    Spring 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 239

    Abstract: New federal rules that took effect January 1, 2020, are expected to expand the pool of overtime-eligible employees by more than 1 million. With no exceptions for nonprofits, some are looking for ways to avoid overtime liability. Particularly eager are organizations with tight budgets that didn’t anticipate such costs. This article offers some strategies to cut overtime hours.

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  • Still struggling with how to account for contributions?

    Spring 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 783

    Abstract: After the FASB’s 2014 release of ASU No. 2014-09, Revenue from Contracts with Customers, many nonprofits were confused about whether grants and similar contracts were covered by these new revenue recognition rules. The FASB’s subsequent issuance of ASU No. 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made, was intended to provide some helpful answers. But the second ASU apparently left a significant number of stakeholders with some questions, particularly regarding the effect of budget requirements and cost-sharing provisions. In response, the FASB has released a Q&A, which this article highlights.

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  • Effective altruism – Making their money count

    Spring 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 648

    Abstract: “How do I do the most good with my donation?” is a question many donors ask these days, as the social movement of effective altruism carries momentum into the 2020s. This article explains the philosophy behind the movement and sums up what skeptics have to say.

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  • Prepare now to handle a reputation-damaging crisis

    Spring 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 859

    Abstract: Many nonprofits take time to develop disaster plans in anticipation of natural disasters, active shooter situations and other harrowing events. They may not, however, think about handling crises such as sexual harassment or embezzlement allegations against a leader, a regrettable social media post or similar circumstances that could generate significant damage. This article focuses on pinpointing these types of risks, assembling a crisis management team and developing a crisis manual. A communication plan and transparency also are discussed. A sidebar spotlights postcrisis actions to restore the nonprofit’s reputation and prevent future crises.

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