Establishing a Reserve Policy for Nonprofit Organizations
By Dan Carmichael, Senior Accountant Nonprofit organizations are generally advised to maintain reserves equal to between three and nine months...
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5 Financial Reports Your Not-for-Profit Board Members Should Understand
How often do your not-for-profit board members ask a question regarding the organization’s financial statements? If your board is like most,...
Read more8 Trends in Not-for-Profit Fundraising
By: Ashley Steffensmeier, CPA Donations and fundraising can be the largest sources of revenue for not-for-profit organizations. It is essential...
Read moreLincoln Community Foundation Offers 10% Match on Donor Advised Funds
A donor advised fund (DAF) is a personal charitable giving fund established by a donor at a sponsoring charitable organization. In light of new...
Read moreAre Grants Subject to Revenue Recognition?
Nonprofits received long-awaited clarification on a key accounting question from the Financial Accounting Standards Board (FASB) at the end of...
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