Federal Funding Terms Demystified

On December 22, 2020, the Office of Management and Budget (OMB) released the Addendum to the 2020 Compliance Supplement (the Supplement Addendum). The Supplement Addendum is important for organizations that accepted federal COVID-19 relief funding, as it offers guidance around...

In 2016, the Financial Accounting Standards Board (FASB) updated its lease accounting guidance (ASC Topic 842) and closed a diversity in practice in the previous standard. The major change is that organizations must now include lease assets and liabilities on their balance...

For nonprofits to continue their mission-critical work and support the needs of communities impacted by COVID-19, they need to protect the sensitive data they host. Our latest blog post describes how the cyberthreat landscape is expanding, and why nonprofits need to prioritize...

Whether you are facing an audit for the first time or you have been audited for years, making sure that your nonprofit organization is ready can be overwhelming, especially given the challenges of COVID-19.

While #GivingTuesday has traditionally been a pivotal occasion for nonprofits’ fundraising campaigns, the events of 2020 have made this year’s giving season more mission-critical than ever before. Learn how your organization can get a boost this year with our latest blog post.

At the start of the COVID-19, nonprofit organizations were disrupted by a heightened demand for services, decreased funding and regulatory changes. As a result, savvy nonprofits are reexamining their operations to adapt to this unprecedented time. Our latest blog post offers...

The pandemic has inspired many nonprofits to reflect on what’s working well for their organizations and what could be working better. Discover important considerations nonprofits should keep in mind when it comes to reevaluating how they budget, from reforecasting to...

On September 21, the Government Accountability Office (GAO) released its third report regarding its oversight of the federal government's COVID-19 pandemic response. Discover what nonprofits should keep in mind when it comes to how the Small Business Administration (SBA) plans...