Nonprofit
Latest News
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
New Jersey Joins IRS Direct File For 2025 Filing Season
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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.
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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.
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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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Only 36% of Not-for-Profits Have Seen an Increase in Funding Following 2022-23 Financial Upheaval
This is a slight improvement over 2023 where only 24 percent of organizations saw an increase in funding while 35 percent saw a decrease.
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Nonprofits Face Growing Demand for Services but Staffing Shortages
More than two-thirds of organizations are planning to cut programs and services over the next two years.
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IRS System Upgrades Delay E-Filing for Some Tax-Exempt Organizations
The IRS said on Thursday that tax-exempt groups won't be able to e-file Form 990-T or Form 1120-POL until March 17.
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FASB Adds New Members to Not-for-Profit Advisory Committee
The Financial Accounting Standards Board (FASB) has appointed six new members to its Not-for-Profit Advisory Committee (NAC), effective January 1, 2024.
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Three Ways Outsourced Accounting Can Streamline Nonprofits
Nonprofit leaders should strive to back up their decisions with real-time financial information. However, for this to happen, they first need the time to think strategically.