Special events can be exciting and are a great way to gain community involvement. With that being said, special events are very stressful to plan. On top of planning – how do you classify your associated revenues and costs? There may be more your nonprofit must do than to simply lump everything together as “fundraising.”
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Topics: Special Events, Contribution, Donors, Financial Reporting, Fundraising, Nonprofit, Statement of Activities, Tax, Transactions, Uncategorized
A-133 audit threshold raised for small nonprofits
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Topics: A-133, Fundraising, Nonprofit, threshold, Uncategorized
When reviewing financial statements, nonprofit board members and managers sometimes make the mistake of focusing solely on bottom-line figures. But financial statements also may include a wealth of information in their disclosures.
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Topics: Accounting Policies, Contingencies, Financial Statements, Fundraising, investments, Nonprofit, Uncategorized