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

Executive Order Changes For the IRS Will Enforce Political Speech Made by 501(c)(3)s

Posted by Nick Preusch, JD, LLM, MSA, CPA on May 11, 2017 8:30:00 AM

President Trump signed the Promoting Free Speech and Religious Liberty Executive Order on May 4, 2017. This Executive Order requests that the Treasury and IRS no longer enforce the Johnson Amendment, which does not allow 501(c)(3) tax exempt organizations to engage in certain types of political activities.

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Topics: Not-for-Profits, Tax Updates

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

Changes to Not-for-Profit Revenue Recognition

Posted by Bo Garner, CPA, MBA on Mar 20, 2017 3:40:00 PM

As the implementation deadline of the new revenue recognition standards (ASU 2014-09) approaches, there are many companies and organizations scrambling to grasp the impact that the forthcoming changes will have on their financial reporting. For non-public entities, the changes are effective for reporting periods beginning after December 15, 2017.  Not-for-profit entities are having an even more difficult time than others, as there are already differences in practice in various components of revenue transactions. The new revenue recognition standards do not address these differences in practice, and in fact, actually make the current differences more ambiguous.

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Topics: Not-for-Profits

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