Profitable Solutions for Nonprofits
Showing 209–224 of 240 results
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Newsbits – Dos and don’ts of setting prices
Fall 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 406
Abstract: This issue’s “Newsbits” discusses the dos and don’ts of setting prices for products; how cash-strapped state and local governments are considering rescinding tax breaks for nonprofits and increasing fees; and IRS guidance to make it easier for tax-exempt organizations to find out if they qualify for the new health care tax credit.
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Internal controls: Is it time for a checkup?
Fall 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 595
Abstract: Many nonprofits might have cut staff during the recent recession — and that means fewer people to “mind the store.” As the economy continues to mend, now is a good time to inspect the condition of the internal controls that safeguard an organization’s finances. This article looks at how to ensure strong internal controls, while a sidebar emphasizes that an annual audit shouldn’t be relied on, in and of itself, to detect fraud.
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Just for nonprofits – Accounting rules change for mergers and acquisitions
Fall 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 610
Abstract: Those who are considering joining forces with another organization will want to understand the effects of new accounting standards for mergers and acquisitions — and plan their financial strategies accordingly. This article takes a look at Statement of Financial Accounting Standards (SFAS) No. 164, Not-for-Profit Entities: Mergers and Acquisitions, which outlines how to determine if a new business combination is a merger or an acquisition, and addresses the different methods of accounting involved.
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Wrapping up a gift acceptance policy
Fall 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: All gifts aren’t created equal. Having a gift acceptance policy to refer to — and using it to decide whether to accept a donation — is important to an organization’s balance sheet, workload and reputation. This article explains why it’s important to reject gifts that are incompatible with an organization’s mission or that might present financial or administrative problems. It discusses the elements of a good gift acceptance policy and the particular considerations that may be involved with different kinds of gifts.
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Newsbits – Small charities get health care insurance tax credit
Summer 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 382
Abstract: This issue’s “Newsbits” discusses how small charities can get the new health insurance tax credit; audit committee trends; and increased scrutiny of employers who misclassify their workers as independent contractors when their job duties are actually those of an employee.
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Codification — one year later
Summer 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 238
Abstract: Nearly a year ago, the Financial Accounting Standards Board (FASB) launched its new system of organizing accounting standards. The change affects the way Generally Accepted Accounting Principles (GAAP) are organized, researched and referenced. This short article offers several points that nonprofits should remember about this codification as they prepare financial statements this year.
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Ratio revelations – What expense data says about your spending habits
Summer 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 1007
Abstract: When a nonprofit spends more of its funding on administering itself than on the programs it offers, it can find itself in trouble with funders, government agencies and watchdog groups. This article discusses where third parties get this information, and shows what nonprofits can do to present themselves accurately and in the best light. To account for expenses correctly, it’s essential to know how to categorize them: A sidebar distinguishes between management and fundraising expenses.
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What will an auditor want to know? Meeting 403(b) plan audit requirements
Summer 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 708
Abstract: IRS and Department of Labor (DOL) rules that kicked in at the start of 2009 require an annual audit of 403(b) retirement plans with 100 or more participants. This article presents questions that auditors are likely to ask in regard to any plan amendments or changes in the plan’s status; reporting and governance; oversight of service providers; and fraud risk factors. A sidebar gives Form 5500 filing deadlines.
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Newsbits – IRS releases “due date” tables
Spring 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 416
Abstract: This issue’s “Newsbits” discusses the availability of IRS “due-date” tables for various required tax forms and reports; how nonprofits can capitalize on special events as an opportunity for savvy fundraising; and updated IRS Rev. Proc. 2010-9, which addresses the request, issuance and appeal of determination letters and rulings on the exempt status of organizations.
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Audited financial statements – First impressions
Spring 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 550
Abstract: To impress potential lenders and funders, it’s important for a nonprofit organization to show that it measures its financial health with care and frequency. Presenting timely audited financial statements upfront can make the difference between being turned down for a loan and getting one. It’s essential, though, to understand the different roles of the auditor and the board, and to be knowledgeable about different financial statement formats.
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Fiscal sponsorship Q & A
Spring 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 667
Abstract: An organization may be too new — or too small — to have obtained its tax-exempt status. Or, if it’s well-established, it may have an opportunity to expand its programs by joining forces with a smaller or newer organization. In either case, fiscal sponsorship is a structural arrangement with another organization that might be worth considering. This article answers some questions about this special relationship, including how the arrangement works and possible pros and cons for the sponsor.
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Grant writing – Giving it your best shot
Spring 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 903
Abstract: Applying for a grant in an economic downturn can seem like an unlikely long shot. But securing funding is far from impossible. However, developing a winning grant proposal requires diligent research, strong writing and enough factual information to enable the grantor to make a decision. It also calls for the ability to assimilate what the grantor is looking for and how the requesting organization’s project fills that bill. This article offers a number of tips for getting started, choosing the best targets and writing effectively. A sidebar discusses the importance of talking directly to the grantor.
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Newsbits – MASTERING FORM 990
Winter 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 423
Abstract: This issue’s “Newsbits” briefly discusses online instructions for the new Form 990; a new IRS rule that benefits supporting organizations; and 10 IRS tips for taxpayers that charitable organizations might want to publicize to encourage donations.
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A gift in hand … Know the right way to report donations of services and gifts in kind
Winter 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 867
Abstract: Donations of services and gifts in kind can be useful to an organization during tough economic times. But should they be booked in a nonprofit’s financial statements? And, if so, what amounts should be assigned? This article discusses two types of donated services a nonprofit can recognize — services creating or enhancing a nonfinancial asset, and those needing specialized skills — and also how to handle gifts in kind. A sidebar looks at the new Accounting Standards CodificationTM that replaces the Financial Accounting Standards Board’s patchwork of statements, interpretations and other guidance.
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Time well spent – 10 requirements for effective board meetings
Winter 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 575
Abstract: Time is money, it’s often said, and perhaps the most valuable time a nonprofit “owns” is at its board meetings. Good organization plus sensitivity to the people and issues involved can ensure that meetings are productive. This article offers 10 requirements for before, during and after board meetings, including providing the board with the appropriate amount of financial information, being sensitive to controversial issues, and making sure that everyone participates.
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While the going is good … How to negotiate a real estate lease
Winter 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 654
Abstract: With more leasable office spaces than creditworthy tenants to take them, many landlords are offering lower rates and other incentives. A not-for-profit organization with good credit has a real chance of finding a more suitable — perhaps even larger — space with attractive lease terms. Conversely, if a nonprofit is currently in a space it loves, it’s probably a good time to try to negotiate better lease terms. This article looks at not only the costs that should be planned for, but many other considerations as well.