By Lee Klumpp, CPA, CGMA The FASB clarifies longstanding question for nonprofits. Nonprofits received long-awaited clarification on a key accounting question from the Financial Accounting Standards Board. As discussed in the article on page 1, the FASB released a final accounting standards update (ASU), Not-for-Profit Entities (Topic...
It’s 2019—there seems to be an app for just about everything! In a recent article published by Fast Company, author Ben Paynter takes a look at Millie, an innovative charity app designed to function like a dating app. Why design it like a dating app?...
By Lee Klumpp, CPA, CGMA The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made in June 2018 to clarify the accounting guidance related to contributions made...
Finding a way to bring in donations via a fundraising plan is a major strategy nonprofit organizations must develop. This article discusses five key tips nonprofit leaders can use in their fundraising plans. To view this article, click the following link to access the original content. https://learn.g2crowd.com/fundraising-plan...
Nonprofit organizations are continuing to find ways to implement diversity in the workplace. This article discusses five tips for increasing diversity in nonprofit fundraising. To view this article, click the following link to access the original content. http://www.thenonprofittimes.com/human_resources/5-tips-for-better-diversity-in-fundraising/...
Donors like to know exactly where their money is going, which is why it is vital for nonprofit organizations to become more transparent. This article discusses how nonprofits can gain trust providing easily accessible information about their organization. To view this article, click the following link to...
Growth in the economy and personal income will increase for nonprofit organizations over the coming years. This article discusses areas in which donations are expected to increase and how the recent tax changes may impact the nonprofit industry. To view this article, click the following link to...
Design thinking can help nonprofit organizations develop a thorough marketing plan that increases internal and external engagement. This article discusses the basics of design thinking, techniques you can use, and why design thinking is a great tool for nonprofit organizations. To view this article, click the following...
Setting up an internship for a nonprofit can be difficult, especially when it comes time to recruit potential candidates. This article discusses five ways to create a nonprofit-oriented internship program. To view this article, click the following link to access the original content. https://www.forbes.com/sites/forbesnonprofitcouncil/2018/11/05/how-to-create-an-internship-that-attracts-nonprofit-talent/#664a1b966d27...
As the holiday season approaches, people are more willing to give to nonprofit organizations. This article discusses the ways in which nonprofit organizations can gain more support in the season of giving. To view this article, click the following link to access the original content. https://www.forbes.com/sites/forbesnonprofitcouncil/2018/12/11/how-nonprofit-organizations-can-gain-more-support-this-holiday-season/#4bcf8adf3fef...
