Non-Profit Insights

Investing in antifraud training is one of the most practical and cost-effective ways to reduce both the likelihood and financial impact of fraud within an organization.

Strong governance, supported by a well-crafted board governance policy, is essential to every nonprofit’s accountability and reputation.

Uncertainty about government funding, rising costs, and other economic factors can make budgeting difficult. But nonprofits that use scenario planning as part of the process can increase their odds of making the right decisions and responding quickly to shifting conditions.

Most nonprofits that lose their exempt status do so because they fail to file Form 990s for three consecutive years. Automatic revocations are common, particularly with newer nonprofits. Fortunately, it’s possible to regain a tax-exempt status.

Recently, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2025-05, which addresses the measurement of credit losses for short-term receivables and contract assets.

Not every transaction between a disqualified person and a nonprofit is necessarily prohibited under excess benefit transaction rules.

Thoughtful planning and tracking can provide a measure of stability, even when nonprofits are facing macroeconomic headwinds. If it doesn’t already, your nonprofit should monitor key performance indicators (KPIs).

Nonprofits struggling to secure the capital needed for capital projects might want to look at the New Markets Tax Credit.