Nonprofit
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Charitable Giving to Nonprofits Drops
A quarterly report on the amount that Americans donate to nonprofits shows a decrease in the first quarter of the year, following several months in which the giving rate had seen increases.
Small Tax-Exempt Groups Reminded to File Form 990-N
Reminder for small tax-exempt organizations to file IRS Form 990-N annually to stay in compliance.
Nonprofit Cloud Software Maker Receives $2M in Funding
Nonprofit cloud software provider Aplos Software LLC has raised two million dollars in new funding, the company announced on Wednesday. It plans on using the funding to expand the Aplos nonprofit software suite and to open it to API integration. T
GASB Issues Statement on Measurement of Assets and Liabilities
The Governmental Accounting Standards Board (GASB) has issued Concepts Statement No. 6, Measurement of Elements of Financial Statements, which will guide the GASB in establishing accounting and financial reporting standards for U.S. state and local governments regarding the measurement of assets and liabilities.
Nonprofit Accounting Software Resellers Honored
The most productive resellers and partners of nonprofit and government accounting software vendor AccuFund, Inc. were recently recognized with the company's Partner Leadership Awards for sales and marketing success in 2013.
Free Online Tax Software Offered for Nonprofits
Small nonprofit organizations who need to file a Form 990-N can do so for free using Aplos Software, the company has announced. Prior year returns can be filed for $19.99 each. The web-based tax preparation software can be accessed at www.aplossoftware.com.
New Hampshire Considers Taxing Nonprofit Hospitals
An analysis of charity care at the state's 24 nonprofit hospitals, conducted in cooperation with the New Hampshire Hospital Association, shows that hospitals here are more charitable than the national average and less profitable, although there are wide variations from one New Hampshire hospital to another.
How to Perform Year-End Accounting for Nonprofits
Closing the financial books for an organization requires accuracy, attention to detail, and a knowledge of some advanced accounting principals. For many nonprofit organizations, especially smaller ones operating on a shoe string budget, hiring a full-time accountant may be out of their reach.