Found 1068 Results
Reply To: Webinar attendee Sue asked: If a grantor does not specify when multi-year …
It is a tricky situation, and the answer is probably a definite maybe. If the grantor is silent, you need a reasonable spending schedule that…
Reply To: Private: Employee Retention Credit
Getting your head around the ERTC can feel a bit like having a first date with the tax code. The webinar sounds like a wise…
Reply To: from Lisa who would like to know about crediting DAF gifts
Ah, the classic DAF attribution puzzle. Many organisations get caught up in this, and it can feel like navigating a labyrinth. If you credit the…
How do you capture obligations when a new grant award arrives?
I saw the recent discussion here about post-award grant reporting. I’m trying to understand a narrower step that happens earlier: when a new award arrives,…
Reply To: Your input is invaluable to us!
Thank you for asking. Restricted fund accounting is one topic I would put near the top of the list, especially when an organisation is juggling…
Reply To: Change Payroll Schedule
That is a tricky one. Paying staff every two weeks can be convenient, particularly where there are hourly employees, but it also means two additional…
Reply To: The offer of a $1/year lease – are there any downsides?
The main risk is that these unusually favourable arrangements can disappear when local politics or budgets change. An organisation could then face the rather awkward…
Reply To: How to recruit board members with finance experience?
Local accounting firms, retired finance professionals, and business networks can be good places to look. Many professionals are willing to contribute their expertise when the…
Reply To: Is our nonprofit status still active and in good standing?
Checking your organisation’s status with the relevant state authorities and the IRS is a worthwhile habit. The IRS Tax Exempt Organization Search tool can help…
Reply To: IRS Tax Exempt Organization Search Vs Nonprofit Check Plus API
An advantage of the Nonprofit Check Plus API is consistency. An API can apply the same verification process every time. This reduces differences that may…