By David J. Manbeck No matter the mission of a charitable organization, those running it share a common trait: They became involved in the nonprofit world out of a desire to do good. But some organizations focus so much on the mission that they neglect the “taking-care-of-business” side of running a nonprofit. If they’re not […]
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By David J. Manbeck, CPA and Donna M. Mullin, J.D., CPA Effects of the 2017 Tax Cuts and Jobs Act on nonprofit charities may boil down to a straightforward question: Why do people donate as much as they do? Some nonprofits are nervous that an increase in the standard deduction may mean a decrease in […]
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As nonprofits approach the end of their fiscal year, there are five things even the best-run nonprofits would be well-advised to check to ensure they – and those counting on their help – are not headed for a nasty surprise.
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The Department of Labor identified no exceptions for nonprofits or charitable organizations. With the overtime rules taking effect Dec. 1 — midway through the fiscal year — it will likely require many nonprofits to reexamine their budgets and how they are allocating resources.
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