…a non-profit entity may receive in-kind contributions of donated lease space. Nonprofit entity below market rent payments In situations where the non-profit entity is making below market rent payments, the…
…Kind‘, we provide an overview of the new disclosure requirements. Below is an example of a nonprofit disclosure under the new ASU. Sample of Nonprofit Disclosure for Gifts in Kind…
…the ‘ASU 2016-14, Not-for-Profit Entities (Topic 958), Presentation of Financial Statements of Not-for-Profit Entities’ series: Financial Statements of Not-For-Profits: Changes to Net Asset Classifications Financial Statements of Not-For-Profits: Changes to…
…latest impacts of recent accounting and tax guidance and best practices for not-for-profit organizations. Attendees included numerous Richmond not-for-profit organizations. Not-for-profit accounting specialists share their insights on the latest developments…
How should not-for-profit organizations select and train board members? Not-for-profit boards of directors can be significantly different than for-profit boards of directors, due to the differences in goals and characteristics…
…questions regarding specific financial reporting best practices for your nonprofit, please contact your not-for-profit Keiter Opportunity Advisor. Our not-for-profit team is well versed in these and other not-for-profit best practices….
…Nonprofit Board Members Not-for-Profit Board Review of Form 990 Serving on an Not-for-Profit Board? You should be familiar with Form 990 Mission Possible: Profile of an Effective Not-for-Profit Governing Board…
…for your not-for-profit organization? Please reach out to your Keiter Opportunity Advisor or Email | Call: 804.747.0000. We are here to help. Additional Not-for-Profit Tax and Accounting Resources Not-for-Profit Blog…
Addressing common errors in nonprofit accounting application Keiter hosted its 2024 Not-for-Profit Seminar at the firm’s office in Glen Allen, Virginia, led by professionals in our not-for-profit group, Richard Lewis,…
Unrelated Business Income and Reporting Considerations for Alternative Investments For many years, not-for-profits organizations, including foundations and endowment funds, have used traditional investments, such as stock, bonds, mutual funds, and…
Proposed FASB ASU could impact for-profit entities receiving government funds For-profit entities receiving government grants could soon face significant changes to their accounting practices. The Financial Accounting Standards Board’s (FASB)…