Nov 19, 2021 | Blog, Nonprofit, Nonprofit Insights
A lot has changed over the past 10 years, but certain values have not. According to the 2021 Deloitte Millennial Survey, millennials and Gen Zs have maintained their idealism, desire for a better world, and their belief that business “can and should do more to help...
Jun 17, 2021 | Advisory, Audit, Blog, Nonprofit Insights
Last September, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2020-07 regarding the disclosure and presentation of contributed nonfinancial assets. The update seeks to increase transparency about how these types of assets are...
Jun 16, 2021 | Advisory, Blog, Nonprofit Insights
Thankfully, the spread of the coronavirus has decreased drastically, but its impact on nonprofit organizations will continue for a long time. If your organization has not already taken advantage of all available programs to help nonprofits, some assistance options...
Jun 15, 2021 | Blog, Nonprofit Insights
Nonprofit boards have historically lacked diversity. Ensuring board diversity has taken on new urgency recently as leaders have more fully recognized the value of including more women and people of color in the boardroom. When boards do not reflect the communities or...
Jun 14, 2021 | Audit, Blog, Nonprofit Insights
Many people hold a soft spot in their hearts for nonprofit organizations as they pursue their worthy cultural, scientific, civic, medical, social, and recreational missions. So when fraudsters target nonprofits, it can feel particularly upsetting, especially when the...
May 24, 2021 | Blog, Nonprofit Insights
What can not-for-profit organizations expect in 2021 and beyond? One recent report, “11 Trends in Philanthropy for 2021,” offers some answers. Produced by the Dorothy A. Johnson Center for Philanthropy at Grand Valley State University (Grand Rapids, Michigan), the...