Found 726 Results
Reply To: Passthrough funds & how to report them on 990
Kate, This is so helpful. I needed the explanation of the “why” to communicate with my board. I can see in the draft the accountant…
Reply To: 501c3 fiscally sponsoring a 501c7
Thanks for adding this, Andrew. I made an assumption that I did not state that the request for fiscal sponsorship is probably limited to a…
Reply To: Passthrough funds & how to report them on 990
Kristin, Your new accountant is correct that any revenue that is received by the nonprofit should be reported on the 990. While there isn’t a…
Fiscal Sponsorship – Resources List
Fiscal sponsorship is an alternative to incorporation and its attendant bureaucracies, an option for even well-established organizations.
Reply To: 990 Tax form
And Blue Avocado has this short intro article (and probably others as well): https://blueavocado.org/finance/filing-a-form-990/
Reply To: Managing Operating Funds
It might be helpful to have both a reserves policy in place, and an investment policy. Those can guide your decisions about when you are…
Reply To: Managing Operating Funds
I would explore options for earning a return on any cash you know you will not need for at least 3 months. Vanguard Fund VMFXX,…
Reply To: Managing Operating Funds
My recommendation is always to have as much cash deployed at local institutions as possible. Utilizing sweep accounts, CD’s, and local saving accounts should generate…
Reply To: Fiscal Sponsor Webinar 5-28-24
Thanks for posting the questions, Jeff. And Kate thank you for your helpful reply.