Our Thoughts On Archive

When Giving to Your Alma Mater: All Donations May Soon Not Be Treated Equally

For several months now, we have been following Congress’ efforts to address the rising costs of higher education and its recent focus on endowments

PROCUREMENT STANDARDS UPDATE - Additional One-Year Grace Period Granted

In March, I wrote an article reminding everyone that the U.S. Office of Management and Budget’s (OMB) procurement standards deferral period had concluded

President Trump Signs Executive Order to Prevent IRS from Enforcing Sanctions on Churches for Engaging in Political Activities

In 1954, then-Senator Lyndon Johnson introduced a bill known today as the Johnson Amendment that was signed into law under 501(c)(3) of the Internal Revenue

Impact of NFP Reporting Model on Board-Designated Net Assets

In 2016, the Financial Accounting Standards Board (FASB) released Accounting Standards Update (ASU) 2016-14, Presentation of Financial Statements of Not-For-Profit

Best Practices: Internal Controls at Not-for-Profit Organizations

In Pennsylvania alone, there are 63,345 not-for-profit organizations that employ over 15% of the state’s workforce. These organizations generate

HUD Issues

Having 20 years’ experience dealing with both governmental and not-for-profit agencies, I can honestly say that management letter comments (material