Nonprofit Resources
ASU 2016-14 & Churches: Four Key Questions Financial Leaders Should Ask to Understand the New Liquidity Disclosures
It’s important for every church financial leader to ask these four key questions to understand the new liquidity disclosures under ASU 2016-14.
Seventh Circuit Rules the Clergy Housing Allowance is Constitutional
March 15, 2019 - The Seventh Circuit has ruled that the clergy housing allowance is constitutional. We will probably know within the next 90 days or so whether the Supreme Court will agree to hear an appeal.
Nonprofit Issues Newsletter, February 2019
Learn about the advantages of adopting a business mindset for your nonprofit, effective information governance, leadership transition considerations, and other key nonprofit issues.
A Conversation with Managing Partner Fran Brown
CapinCrouse Managing Partner Fran Brown discusses working with nonprofits, the challenges and opportunities our clients face, and his vision for the firm.
Discrepancies Between ASU No. 2016-14 and Form 990
ASU No. 2016-14 contains changes to NFP financial reporting standards that generally do not correspond to the presentation in the current Form 990.
Board Monitoring of Church Finances: What to Do — and When
Here is a summary of financial actions your church board finance or audit committee should complete during their meetings throughout the year.
Nonprofit Issues Newsletter, December 2018
How predictive analytics is transforming fundraising, valuing gifts-in-kind donations, guidance on new UBIT rules, and more.
Qualified Charitable Distribution Trap for IRA Checkbook Holders
There's a potential pitfall for IRA owners whose account is with a custodian that provides the owner with a checkbook they can use to write checks on their IRA account. Here's what your organization should know about this issue.
Comparing Your Church’s Performance
Comparing your church’s financial results can help you spot issues as well as strengths and plan strategically. Here's how.
Challenges in Auditing GIK
Assessing an nonprofit’s policies and procedures related to valuing material gift-in-kind (GIK) transactions is an important part of an NFP audit. Because there is no single source of pricing that is appropriate for valuing GIK donations, it falls on the NFP to arrive at an appropriate estimate of fair value. Here are some key considerations.