Nonprofit Observer

Showing 17–32 of 202 results

  • 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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  • South Dakota v. Wayfair, Inc. – What this sales tax case means for nonprofits

    Winter 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 769

    Abstract: A 2018 landmark ruling by the U.S. Supreme Court dramatically expanded the ability of states to impose sales tax collection obligations on out-of-state organizations that sell goods and services within their boundaries. Since then, state legislatures and municipalities have scrambled to pass laws targeting organizations that lack a physical presence in their jurisdictions. This article discusses how these laws could ensnare nonprofits that make taxable sales to those states — even if similar sales aren’t taxable in their home states.

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  • Collective impact initiatives rely on harmony

    Winter 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 693

    Abstract: Collective impact, an approach that’s growing among nonprofits, is more than just collaboration. Its originators describe the phrase as the commitment of a group of important players from different sectors to a common agenda for solving a specific social problem. That includes the not-for-profits themselves, government, businesses and constituent communities. This article discusses five prerequisites for successful initiatives and how to evaluate outcomes.

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  • Writing donation acknowledgment letters

    Winter 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 233

    Abstract: Sending thank-yous to donors doesn’t just make sense in terms of building and maintaining relationships. The IRS mandates that taxpayers substantiate single contributions of $250 or more with contemporaneous written acknowledgments. This article reviews what not-for-profits should include in those acknowledgments.

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  • Protect your exempt status in Election 2020

    Winter 2020
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 839

    Abstract: Nonprofits that are tax-exempt as 501(c)(3) organizations, including charities and churches, are barred from participating or intervening in any political campaign for or against a candidate for public office. Organizations that violate the prohibition risk losing their tax-exempt status and could find themselves on the hook for an excise tax. This article discusses the rules governing elections and some politics-related activities and expenses that may be permissible depending on the facts and circumstances. A sidebar explains how “substantial” lobbying is not permissible either.

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  • FASB simplifies merger accounting for nonprofits

    Fall 2019
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 755

    Abstract: The FASB recently issued guidance that should ease the financial reporting burden on nonprofits that enter “business combinations,” such as mergers and acquisitions. This article discusses some of the key provisions of ASU No. 2019-06. Opting for permissible accounting alternatives also is discussed.

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  • Keep these 5 points in mind when raising funds

    Fall 2019
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 699

    Abstract: In today’s post–Tax Cuts and Jobs Act environment, certain fundraising techniques work best. This article highlights microdonations, donor-advised funds and donation “bunching,” among other approaches.

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  • Mandatory tax e-filings are right around the corner

    Fall 2019
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 276

    Abstract: Under the newly enacted Taxpayer First Act, all nonprofits will soon need to file their returns electronically. Depending on the size of your organization, the requirement could take effect as soon as next year. This short article highlights the act’s requirements.

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  • Multiple income streams: The key to sustainability

    Fall 2019
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 832

    Abstract: When the so-called Great Recession hit the nation over a decade ago, many nonprofits found themselves struggling to stay afloat financially. Not all of them survived. It’s only a matter of time until the country enters another recessionary period, so now’s the time to ensure that organizational revenue streams are sufficiently diverse. This article offers strategies for varying revenue sources; a road map for diversification is presented. A sidebar discusses “big guy” donors and how the meaning of “major donor” varies by organization.

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  • Philanthrokids – The next generation of donors is here

    Summer 2019
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 442

    Abstract: Nonprofits should start thinking about the next crop of donors — those in Generation Z. Born after 1996, Gen Z already is making its presence felt in the nonprofit world. This article discusses the giving patterns of these young adults and effective ways to reach, and retain, them.

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  • New overtime rules could inflate payroll expenses

    Summer 2019
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 606

    Abstract: A proposed rule, recently issued by the U.S. Department of Labor, would update the overtime exemptions for so-called white-collar workers under the Fair Labor Standards Act. If finalized, the new rule could lead to higher compensation and payroll tax expenses for employers, including nonprofits. This article describes current regulations governing overtime and the proposed changes to them. It also spotlights some strategies that can be used to reduce overtime expenses.

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  • Attesting to your nonprofit’s ability to survive

    Summer 2019
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 683

    Abstract: Accounting Standards Codification (ASC) 205-40 requires management to perform a going-concern evaluation each time annual or interim financial statements are issued. This article explains key components of the accounting standard.

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  • IRS guidance: Publishing relationship didn’t produce UBTI

    Summer 2019
    Newsletter: Nonprofit Observer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 808

    Abstract: Nonprofits often don’t realize that the terms of their relationship with an outside publisher for their membership magazine or journal can put them at risk for UBTI. This article explains how such an alliance can trigger the tax by creating an agency relationship and how organizations might avoid this liability, based on IRS guidance. A sidebar explains that merely titling an agreement as a “Royalties and Licensing Agreement” won’t offer a tax advantage if the agreement is actually an agency relationship.

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