BLS Insights

Category: Nonprofits

Tax Exempt & Government Entities Fiscal Year 2020 Compliance Program

December 10, 2019

In October of 2019 the IRS Tax Exempt & Government Entities (TE/GE) division issued its Fiscal Year 2020 Program Letter. The Program Letter discusses the TE/GE’s priorities and key areas … Continued

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Is Venmo Fundraising the Next Big Thing for Nonprofits?

November 26, 2019

In a world of constantly changing donor demographics, nonprofit organizations need to be innovative when it comes to fundraising. According to a research study done by the Pew Research Center, … Continued

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Essential Resources for Delaware Nonprofits

November 19, 2019

Managing a nonprofit organization can be a challenging task. It takes passion and drive to create, refine, and implement programs that serve the community or members. Whether it’s a trade … Continued

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Board Size: Achieving the Right Number of Directors

August 07, 2019

Of the many decisions that a nonprofit organization needs to make, setting standards for board-member size may not be at the top of the priority list; yet this decision is … Continued

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How Does ASU 2016-13: Financial Instruments – Credit Losses (Topic 326) Impact Nonprofits?

June 25, 2019

Accounting Standard Update (ASU) 2016-13: Financial Instruments – Credit Losses (Topic 326) – An Overview for Not-for-Profit Organizations Accounting Standard Update (ASU) 2016-13: Financial Instruments – Credit Losses (Topic 326) … Continued

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ASU 2016-14 – Presentation of Operating Cash Flows

June 11, 2019

In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-14 (ASU 2016-14) to make improvements to the communication of information on not-for-profit financial statements. ASU 2016-14 … Continued

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ASU 2016-14 – Liquidity and Availability of Resources

May 28, 2019

In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-14 (ASU 2016-14) to make improvements to the communication of information on nonprofit financial statements. ASU 2016-14 … Continued

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ASU 2016-14 – Investment Return

April 24, 2019

In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-14 (ASU 2016-14) to make improvements to the communication of information on not-for-profit financial statements.

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ASU 2016-14 – Net Asset Classes, Underwater Endowments, and Expiration of Capital Restrictions

April 10, 2019

In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-14 (ASU 2016-14) to make improvements to the communication of information on not-for-profit financial statements.

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