Non-Profit organizations are not required to have a balanced budget. The following article is in reference to operating budgets and should not be confused with
Congress has passed a $2.2 trillion stimulus package to support the economy during the virus pandemic. The President has indicated that the bill will be
Written by Eric Lampe Earlier this year, the Financial Accounting Standards Board (FASB) issued new guidance on an accounting standard impacting nonprofit organizations. The FASB
written by Aaron Spencer On December 26, 2014, the White House Office of Management & Budget (OMB) implemented new federal regulations: “Uniform Administrative Requirements, Cost
Americans donate hundreds of millions of dollars every year to charity. It is important that every donation be used as the donors intended and that
written by Eric Lampe Many of us have charitable organizations that are important or special to us. We know that they are supported in large
written by Eric Lampe “The independent audit committee fulfills a vital role in governance. The audit committee can be a critical component ensuring quality reporting
Amount billed for routine phone calls
Amount billed for services if not 100% satisfied
Sleepless nights knowing we’re in charge
Headaches figuring out tax regulations
Of your time devoted to making money
Stress free tax filing
