Tax Brief: Form 990, Schedule A: Public Charity Status and Public Support
For many non-profit organizations, Schedule A is the most important part of the Form 990 Return of Organizations Exempt from Income Tax. Organizations that are described in Internal Revenue Code Section 501(c)(3) and are public charities must complete Schedule A. The … Read more…
Four Traits of a Quality Board Member
Establishing a board of directors is an important first step for any nonprofit. Selecting ideal individual members and then ensuring the group functions cohesively will take time, but it will be well worth the effort. Whether an organization is just … Read more…
Key Performance Indicators (KPIs) for Nonprofits
As a manager of a nonprofit, you are challenged with a diverse set of responsibilities that are critical to the success of your organization. Key Performance Indicators (KPIs) can be useful tools in your management toolbox. KPIs are quantifiable measures … Read more…
Financial Reporting and the 4 Levels of Service
When asking a Certified Public Accountant (CPA) for a report and financial statements, it is important to know what type is needed and what will be delivered for each type. In the world of CPA services applied to financial statements, … Read more…