Accounting Standards January 22, 2025
The Financial Accounting Standards Board published a proposed Accounting Standards Update on Jan. 22 focused on targeted improvements to the FASB Accounting Standards Codification.
November 25, 2024
November 21, 2024
April 29, 2015
The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) intended to improve the information provided in not-for-profit financial statements and notes to financial statements. Stakeholders are encouraged to review and comment on the proposed ASU, Presentation of Financial Statements of Not-for-Profit Entities, by August 20, 2015. “The proposed ASU contains...…
April 6, 2015
Four in five Americans believe not-for-profit employees should be exposed to the same training as finance professionals at other businesses
April 1, 2015
IRS Form 990-EZ is the short version of the annual information return Form 990, which is required by the Internal Revenue Service for tax-exempt organizations. The return includes information about the organization’s mission, programs and finances.
February 5, 2015
More and more Americans are choosing to make their donations to charities online, as opposed to in-person or mail-based giving, according to the latest Charitable Giving Report from Blackbaud, a developer of technologies for nonprofit organizations.
October 1, 2014
A new analysis of how Americans and Canadians donate to nonprofit organizations shows the greatest overall increase since 2008.
September 30, 2014
Like all businesses, nonprofits need to track expenses, monitor income, create budgets, and produce financial statements. Also unlike their for-profit counterparts, nonprofits also need to track programs, membership dues, association fees, donations and grant funds.
August 25, 2014
Kansas Secretary of Revenue Nick Jordan told Wichita Republicans Friday that the state's system for giving sales tax exemptions to charities is too political -- and politics will probably keep it from getting changed.
August 1, 2014
The latest Blackbaud Index shows that overall charitable giving to nonprofits increased 1.6% and online giving increased 8.0% for the first half of 2014 as compared to the first half of 2013. In addition, overall charitable giving grew 1.5% and online giving grew 8.7% for the three months ending June 2014 as compared to the…
July 1, 2014
Small charities have a new, simpler process for applying for tax-exempt status. The Internal Revenue Service has introduced Form 1023-EZ, a shorter application form to help small charities apply for 501(c)(3) recognition.
June 5, 2014
Based on data from 4,138 organizations that raised more than $13 billion in the prior 12 months, The Blackbaud Index reported that overall charitable giving grew 1.3 percent for the three months ending April 2014, as compared to the same period in 2013.
June 3, 2014
A Connecticut bookkeeper has been accused of embezzling more than $830,000 from a nonprofit veterans' organization, police said.
May 21, 2014
Abila today announced that advanced new features have been added to its Social CRM technology solution, netFORUM Pro version 2014.1. These features include deeper batch accounting functionality, membership renewal enhancements, and overall improvements to the user interface, further enhancing the already enjoyable user experience. Abila provides software solutions dedicated to serving dynamic membership associations, nonprofit…