If your non-profit organization has been receiving generous donations from a single donor, whether a corporation, family trust, or philanthropist, you may reach the tipping point between being a public charity and a private foundation.
Gifts or donations given to your organization are synonymously referred to as contributions or in-kind contributions. In this blog we will offer procedures that will help you set your financials up well and strengthen your relationships with donors and the community you serve.
A new accounting standards update (ASU) requires all entities that produce financial statements to make a few changes to their classification and disclosures of restricted cash. These changes have multiple effects on not-for-profits and affordable housing properties, including HUD projects.