Preliminary Analysis Of The IRS Governance Checklist
In an effort to add further transparency to nonprofit organization reporting, the IRS
02 October, 2012
Does your staff’s time seem slavishly devoted to chasing the latest grantor’s request for fund-related data? ...
Whether it is the result of declining public and private support, increased accountability or the need to expand the footprint of your mission in an era of funding changes; the age of nonprofit mergers seems to be upon us....
Ever wonder what the true costs are to operate your 401(k) type plan? As a plan fiduciary you are required to know so that you allow only reasonable fees to be paid from plan assets....
• What should I be looking for when I review my organization’s financial statements, and • What questions should I be asking of the management team?...
There are a variety of fundraising activities that nonprofit organizations employ to solicit contributions. These fundraising activities may include such things as direct mail, telephone solicitation, door-to-door canvassing, telethons, etc., and may include components that would otherwise be associated with programmatic or supporting service...
The propriety of pay for board members serving tax-exempt organizations is in the news again. While not a new topic (it has been raised at any number of points in past years), the sentiments of some opposed to the practice has intensified....
Over the past fifteen years, there has been more pressure on nonprofits to conform to the expectation set by stakeholders to keep overhead expenses (supporting services activities) down and therefore maximize the use of unrestricted and temporarily restricted funds that can be used on programmatic...
Because the IRS believes it can collect a lot of taxes, it is going to select 500 nonprofit organizations for payroll audits in each of the next three years (as well as a high number of for-profit companies)....
We are now approaching the third year of the redesigned form 990 with its 14 new lettered schedules....