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Not-for-Profit Section

Not-for-profits have specific accounting and reporting requirements, along with demands for maintaining low operational overhead. IRS regulations, grant-writing, managing volunteer time and donations are just a few of the issues highlighted in the Not-for-Profit Section.

Latest News:

Dec 16, 2024

FASB seeks comments on proposal on measurement of credit losses for accounts receivable and contract assets for private companies and certain not-for-profit entities

FASB has published a proposed Accounting Standards Update (ASU) on the measurement of credit losses for accounts receivable and contract assets for private companies and certain not-for-profit entities.
Dec 16, 2024

Data shows nonprofit workforce took a nosedive during the pandemic

The nonprofit share of the total non-government workforce decreased from 10.2% in 2017 to 9.9% in 2022, reflecting losses in nearly all fields in which they are significantly active. However, the nonprofit sector’s 12.8 million workers made it the third largest employer in the U.S. non-government economy as of 2022.
Dec 16, 2024

Nonprofit news from around the web: December 16 – 20, 2024

In case you missed them, here are some recent interesting nonprofit news items from around the web.
Dec 05, 2024

Study: Religiously affiliated individuals are more likely to trust charities

Atheist, agnostic and unaffiliated participants in a new study are less likely to report high trust in charities than participants in other religious affiliations. New data shows 4.6% of atheists rate their trust in charities as 9 or 10 on a 10-point scale, as compared to 55.6% among Muslims or 32.1% among Jewish participants and 20% among Protestants and 8% of agnostics.
Dec 05, 2024

Report guides nonprofits in scaling-up exercises

Nonprofits face unique challenges when it comes to increasing the depth and scope of their activities.

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- Not-for-Profit Specific News
- Legislative Update

Not-for-Profit Section

Latest News:

FASB seeks comments on proposal on measurement of credit losses for accounts receivable and contract assets for private companies and certain not-for-profit entities

Data shows nonprofit workforce took a nosedive during the pandemic

Nonprofit news from around the web: December 16 – 20, 2024

Study: Religiously affiliated individuals are more likely to trust charities

Report guides nonprofits in scaling-up exercises

Call to join!

Section Details

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