Not-for-Profit Blog

Blogs February 20, 2017 A Dozen Succession Planning Tips for Not-for-Profits

Succession is key to sustainability. Succession planning should start at the board level, yet only 34% of not-for-profits reported having a succession plan in place. Not having an effective succession plan could adversely impact donor funding.

Blogs February 16, 2017 Readers of the Form 990 – What Are They Looking At?

When board members receive their organization’s Form 990, they can become a little overwhelmed by the substantial amount of information. Here are 5 parts of the Form 990 that readers are looking at to get to know your organization better.

Blogs February 06, 2017 Not-for Profit Board Members’ Call to Duty

Board members of Not-for-Profits have well-established duties: Duty of Care, Duty of Loyalty, Duty of Obedience and Duty of Fiduciary. Board members who are negligent in their duties open themselves to civil or criminal penalties.

Blogs February 03, 2017 Five Types of Insurance -- Is Your Not-for-Profit Covered?

Adequate insurance coverage is important to protect a not-for-profit from major disruptions to its operations, yet many not-for-profit boards of directors may not be familiar with the types of insurance coverage available to their organizations.

Blogs January 23, 2017 Does Your Not-for-Profit Have an Operating Reserve?

A healthy operating reserve can provide stability for your not-for-profit during unexpected financial emergencies. Management and the board of directors need to add that discussion to the agenda of an upcoming board meeting.

Blogs November 08, 2016 New Not-for-Profit Reporting Presentation - ASU 2016-14 Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities

This blog recaps the presentation of ASU 2016-14 Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities that was presented by Jimmy Mo at EisnerAmper Not-for-Profit Industry Update.

Blogs November 02, 2016 New Leases Standard- ASU 2016-02, Leases (Topic 842)

On Tuesday, October 11, 2016, EisnerAmper’s own Jimmy Mo, Partner, and Heather Taylor, Director, presented a Not-for-Profit Industry Update that focused on two recent ASUs issued by the Financial Accounting Standards Board (FASB).

Blogs September 23, 2016 Risk Management Steps to Consider When Using Volunteers

It is fairly straightforward to manage the risks surrounding your volunteers. In fact, most of what’s involved simply reflects sound management practices. Consider these easily implemented steps.

Blogs September 16, 2016 EisnerAmper Presents: Not-for-Profit Industry Update

As a result of recent guidance from the FASB, the landscape of not-for-profit financial statements will change in the foreseeable future. EisnerAmper is presenting a Not-for-Profit Industry Update that will focus on two of the FASB’s recent guidance.