PBMares Accounting Blog

What really motivates nonprofit donors

Posted by Edward T. Yoder, CPA, MSA on May 18, 2017 11:33:34 AM

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Topics: Not-for-Profits, NFP Bites

Nonprofits: Don’t gamble with gaming fundraisers

Posted by Bo Garner, CPA, MBA on May 10, 2017 1:35:36 PM

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Topics: Not-for-Profits, NFP Bites

Does your nonprofit’s board understand its fiduciary duties?

Posted by Edward T. Yoder, CPA, MSA on May 3, 2017 2:49:45 PM

Interest in not-for-profits’ governance practices from lawmakers, watchdog groups and the general public has been growing in recent years. If your board hasn’t reviewed its roles and responsibilities recently, now is a good time.

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Topics: Not-for-Profits, NFP Bites

Engage your nonprofit’s supporters with social listening

Posted by Bo Garner, CPA, MBA on May 1, 2017 11:29:07 AM

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Topics: Not-for-Profits, NFP Bites

Simple ways to improve your nonprofit’s cash flow

Posted by Bo Garner, CPA, MBA on Mar 29, 2017 11:23:03 AM

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Topics: Not-for-Profits, NFP Bites

Does your nonprofit need to register in multiple states?

Posted by Edward T. Yoder, CPA, MSA on Mar 17, 2017 9:49:00 AM

 

If your not-for-profit solicits funds online — or uses other fundraising methods that cross state boundaries — it may need to register in multiple jurisdictions. We’ve answered some commonly asked questions.

My charity receives occasional contributions from out-of-state donors. Do I need to register with those states? Yes, but only if you’re actually asking for donations in those states. The critical activity is soliciting, not accepting, funds. Remember, email and text blasts and social media appeals are likely to be considered multistate solicitations.

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Topics: Not-for-Profits, NFP Bites

Why nonprofits need continuity plans

Posted by Edward T. Yoder, CPA, MSA on Mar 15, 2017 4:40:43 PM

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Topics: Not-for-Profits, NFP Bites

Make sure your nonprofit’s bylaws are on point

Posted by Bo Garner, CPA, MBA on Feb 22, 2017 11:17:10 AM

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Topics: Not-for-Profits, NFP Bites

Whistleblower policies protect nonprofit staffers — and their employers

Posted by Edward T. Yoder, CPA, MSA on Feb 21, 2017 2:46:39 PM

Individuals who report illegal or unethical practices may risk their careers, or take other kinds of risks, when they do. Whistleblower policies help protect them. No federal law specifically requires not-for-profits to have such policies in place, but several state laws do. And IRS Form 990 asks nonprofits to state whether they have adopted a whistleblower policy.

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Topics: Not-for-Profits, NFP Bites

What to do if your nonprofit receives an IRS audit letter

Posted by Edward T. Yoder, CPA, MSA on Feb 15, 2017 11:45:27 AM

In recent years, the IRS has increased its scrutiny — including actual audits — of not-for-profits. Do you know what to do if your organization receives an audit letter?

What is an audit?

An audit begins with the initial contact from the IRS and continues until a closing letter is issued. Before closing an audit, an officer of your nonprofit, your CPA and the IRS agent will discuss the agent’s conclusions at a closing conference. Both the conference and letter will explain your appeal rights.

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Topics: Not-for-Profits, NFP Bites