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Nonprofit

Registration Opens for November 17 FASB Webinar for Private Companies and Not-for-Profits

Financial Reporting October 31, 2025 

Registration Opens for November 17 FASB Webinar for Private Companies and Not-for-Profits

The webinar, FASB Update for Private Companies and Not-for-Profit Organizations, will take place on Monday, November 17, 2025, from 1:00 to 3:05 p.m., EST.

Featured Articles

May 12, 2025  

12 Most Common Financial Reporting Mistakes in Nonprofits

March 7, 2025  

Study: Nearly Half of Nonprofits Lack Funds to Effectively Operate

March 5, 2025  

Supreme Court Says Trump Can’t Freeze USAID Funds for Completed Projects

January 29, 2025  

FASB Names Four New Not-for-Profit Advisory Committee Members

January 27, 2025  

Donor-Advised Funds Are Growing, But If You Have One, You Should Shrink It
Registration Opens for November 17 FASB Webinar for Private Companies and Not-for-Profits

Financial Reporting October 31, 2025 

Registration Opens for November 17 FASB Webinar for Private Companies and Not-for-Profits

The webinar, FASB Update for Private Companies and Not-for-Profit Organizations, will take place on Monday, November 17, 2025, from 1:00 to 3:05 p.m., EST.

12 Most Common Financial Reporting Mistakes in Nonprofits

Accounting May 12, 2025 

12 Most Common Financial Reporting Mistakes in Nonprofits

Proper financial reporting is essential for not-for-profit organizations to maintain transparency, donor confidence, and regulatory compliance. But despite their best intentions, many NFPs consistently make critical errors in their financial statements.

Charity

Advisory March 7, 2025 

Study: Nearly Half of Nonprofits Lack Funds to Effectively Operate

For the second consecutive year, individual contributions—the single largest source of dollars given to charitable organizations for more than 10 years—have declined.

Isaac M. O'Bannon

Supreme Court Says Trump Can’t Freeze USAID Funds for Completed Projects

Payroll March 5, 2025 

Supreme Court Says Trump Can’t Freeze USAID Funds for Completed Projects

The exact effect of the Supreme Court action remains to be seen, given the administration’s broad resistance to foreign aid, even in the face of court orders.

FASB Names Four New Not-for-Profit Advisory Committee Members

Accounting January 29, 2025 

FASB Names Four New Not-for-Profit Advisory Committee Members

As a resource for the Financial Accounting Standards Board, the NAC obtains input from the not-for-profit sector on existing financial reporting guidance, current and proposed technical agenda projects, and longer-term or pervasive financial reporting matters affecting those organizations.

Jason Bramwell

Donor-Advised Funds Are Growing, But If You Have One, You Should Shrink It

Taxes January 27, 2025 

Donor-Advised Funds Are Growing, But If You Have One, You Should Shrink It

The point of a donor-advised fund is to put money in the hands of charities, not grow it like another investment account.

FASB Proposes Codification Improvements

Accounting Standards January 22, 2025 

FASB Proposes Codification Improvements

The Financial Accounting Standards Board published a proposed Accounting Standards Update on Jan. 22 focused on targeted improvements to the FASB Accounting Standards Codification.

Jason Bramwell

Charitable Giving is Feeling Squeeze of Tight Economy

Nonprofit November 25, 2024 

Charitable Giving is Feeling Squeeze of Tight Economy

Three in ten (29%) Americans report that they have given less to charity this year compared to the year before and a full half (51%) feel they don’t have enough money to give to charity at all.

Isaac M. O'Bannon

House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections

Taxes November 21, 2024 

House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections

Fears of a vengeful Donald Trump caused dozens of House Democrats to rethink prior support for the legislation.

Forvis Mazars Gives Back to Communities During IMPACT Days

Accounting July 19, 2024 

Forvis Mazars Gives Back to Communities During IMPACT Days

The annual weeklong initiative from the top 10 accounting firm supports local nonprofit organizations across the country.

Jason Bramwell

Grant Thornton Names 20th Purple Paladin: Money Magnets Club

Nonprofit July 16, 2024 

Grant Thornton Names 20th Purple Paladin: Money Magnets Club

Through the program, Grant Thornton helps emerging nonprofit organizations move from “start-up to unstoppable” and provides funding, business advice and volunteer support, while also helping nonprofits raise awareness of their work and mission.

Isaac M. O'Bannon

Former Accounting Director Pleads Guilty to Stealing $430,000 From Nonprofit

Accounting April 26, 2024 

Former Accounting Director Pleads Guilty to Stealing $430,000 From Nonprofit

Katherine Lu Acquista stole from the San Diego Regional Economic Development Corporation over a five-year period, from 2017 to 2022.

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