Higher Ed: Extend the HEERF III Deadline to Spend Down Funds
May 31, 2023Higher education institutions that received funding through the Higher Education Emergency Relief Fund III have the opportunity to extend the deadline for up to twelve months to spend down funds. Here are the requirements for requesting the no-cost extension by the June 20 deadline.
Fraud in Pandemic Funding Programs
April 28, 2023With more than $5 trillion in COVID-19 funding disbursed through federal programs and reports alleging billions of improper payments, the government is investigating fraud within various funding streams. What should COVID funding recipients know?
Best Practices in Subrecipient Risk Assessments and Monitoring for Federal Grant Recipients
April 7, 2023This article will delve into common pitfalls around performing subrecipient risk assessments and monitoring, and the best practices for organizations looking to improve their processes in these areas.
Demystifying Nonprofit Cost Allocations
March 30, 2023Effective cost allocation strategies are essential to organizations’ understanding of how their resources are deployed. Here we discuss cost allocation methods that can be applied to nonprofits’ shared expenses.
Stimulus Funding Reporting Deadlines Approach
March 23, 2023Stimulus funding audits and reporting continue to impact nonprofit and for-profit entities. Evaluate your entity’s needs with a review of reporting requirements and reminder of deadlines.
BDO FMA Transitions to BDO Nonprofit & Education Practice
March 14, 2023In 2021, FMA joined with BDO to become known as BDO FMA. After two years of transitioning, we are pleased to welcome the team into BDO’s Nonprofit & Education specialty practice.
Nonprofits’ Employee Morale Conundrum – Insights from our Survey
February 28, 2023Nonprofits are not immune to the workforce challenges affecting other sectors of the economy. How are organizations handling the war for talent and reworking how they support employees?
Three Key Considerations for Nonprofits in 2023
February 22, 2023As they plan for 2023, nonprofits should take stock of the challenges they face and consider strategic pivots to help them remain resilient, including deploying the right technologies, diversifying revenue streams and understanding how they can best support their staff.
Global ERP Considerations for International Organizations
January 27, 2023Modern Enterprise Resource Planning (ERP) systems empower organizations of all sizes, structures and industries when it comes to financial and operational management.
ESG: An Opportunity for Nonprofits
January 26, 2023In the for-profit world (and particularly among SEC regulated companies), Environmental, Social and Governance (ESG) planning has largely focused through a lens of risk mitigation and value creation.
Launching A Strong Year-End Fundraising Campaign Amid Economic Uncertainty
November 22, 2022Economic volatility is threatening many nonprofits’ financial outlook. Some may be experiencing poor returns on investments, while others may be navigating reduced donor contributions amid rising consumer costs.
How Nonprofits Can Set Themselves Up for Success on Giving Tuesday
November 11, 2022What started as a simple idea to encourage people to do good has grown into a movement that inspires millions of individuals around the world to give back. Now in its tenth year, Giving Tuesday is just around the corner, and nonprofits are looking to engage donors and secure a year-end fundraising boost.
New Data on Nonprofit Challenges and Opportunities: Benchmark Yourself Against Industry Peers
November 2, 2022The nonprofit industry has continually turned crisis into opportunity amid one of the greatest economic and social upheavals in decades. In fact, in the most recent fiscal year, most nonprofit organizations reported growth in revenue, enabling them to expand their impact or, for some, even the scope of their mission.
BDO Forensic Investigation at an INGO
September 22, 2022BDO’s recent investigation at an international non-governmental organization (INGO) yielded actionable insights into how nonprofits can protect themselves. A convergence of factors — including a lack of oversight, internal controls and segregation of duties — contributed to a failed control environment which persisted over several years and resulted in significant financial loss.
What Your Peers Are Reading: BDO’s Top 10 blogs of 2022 (so far)
July 22, 2022It might be difficult to believe, but we’re halfway through 2022. Nonprofits have spent the last six months operating amid dwindling federal relief, inspiring donors to contribute to their cause in the face of record-breaking inflation and working to attract and retain key staff as they further their mission.
How tech & culture support sustainability
June 30, 2022During BDO’s event, “Top Challenges Facing Nonprofit Organizations Today,” Matthew Becker, a partner in BDO’s Nonprofit practice and Cathryn McAleavey, BDO FMA Managing Director, joined Citi, ADP and The Giving Block and 40 nonprofit industry leaders and discussed how nonprofits can pivot operations to raise funding, improve efficiency, retain and attract resources and enjoy success moving forward. Four key takeaways provide direction.
BDO Nonprofit & Education Practice
BDO’s Nonprofit & Education Practice is committed to serving the nonprofit community, from educational, charitable, and social organizations to foundations and trade associations to health and human services organizations. We understand the challenges facing nonprofit organizations, combining our extensive experience serving clients with industry leadership and insight to address the nuances of nonprofit financial and operations management.
The BDO Institute for Nonprofit Excellence℠ supports the efforts of the practice through a strategic commitment to the industry, making it one of the only national resources of its kind. Dedicated to providing thought leadership and educational opportunities for BDO professionals, clients, and the industry at-large, the Institute’s publications and seminars are an integral part of the practice’s client-focused work. The Institute assists client and service teams in developing innovative and practical tax, accounting and operational planning for our nonprofit clients.
The professionals of our Nonprofit & Education Practice bring together a diverse set of backgrounds, experiences and expertise to help clients navigate a climate of change and complexity. Our professionals provide swift resolution of technical issues through partner-led client service teams and direct access to technical
