Topics: Nonprofit Tax

3 Reasons to Consider Outsourced Accounting for Nonprofits

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As the pace of change and innovation continues to accelerate, nonprofits are finding new and creative ways to keep up. Today’s leading nonprofits are perfecting the art of virtual fundraising and volunteering. They’re implementing fresh social media strategies. They’re creating innovative donor retention programs. And they’re driving their missions forward despite myriad ongoing global challenges. […]

Giving USA 2023 Briefing – East Lansing

Giving USA has long been the authority on charitable giving trends. CSH is proud to share the Giving USA 2023 briefing, featuring speaker, Melissa S. Brown. The report is a valuable nationwide resource with benchmarking information for trustees, philanthropists, financial advisors, giving officers, nonprofit leaders, executive directors and fundraising professionals.

Does our Nonprofit Need a Leadership Succession Plan?

Has your nonprofit anticipated a shake-up at the top? If not, it may need to consider the possibility. Perhaps your long-standing CEO will decide it’s time to retire. Or maybe your board will determine that your current leader is ineffectual. Or perhaps your organization will agree to merge with another nonprofit or undertake a restructuring […]

<strong>Is a CFO the Right Choice for Your Nonprofit?</strong>

As nonprofits grow, some may struggle with the financial side of running a business. Nonprofits generally begin with a vision or passion, and not with financial expertise. For some organizations, a chief financial officer may be a good choice to support the financial well-being and stability of your nonprofit.  What does the CFO role look […]

Giving USA Briefing – Cincinnati

CSH is proud to partner with the Yunker Group to sponsor the Giving USA 2023 briefing, featuring speaker, Melissa S. Brown. Melissa S. Brown returns to this Cincinnati program for the 20th consecutive year. As former editor of Giving USA and respected consulting researcher her annual commentary provides practical perspectives on the research conducted by […]

Giving USA 2023 Briefing – Dayton

Giving USA has long been the authority on charitable giving trends. CSH is proud to partner with our sponsors Cramer & Associates and The Dayton Foundation to share the Giving USA 2023 report briefing, featuring speaker, Melissa S. Brown.  The report is a valuable nationwide resource with benchmarking information for trustees, philanthropists, financial advisors, […]

NFT Considerations for Not-for-Profit Organizations

Question: I’ve heard about other not-for-profit organizations selling NFT’s. What are these? and why would an organization do this? Are there tax implications that should be considered? Answer: NFTs (non-fungible tokens) are unique, digital items that hold value and are recorded on a blockchain for their original creators to buy, sell or trade. NFTs can […]

How Unrelated Business Income Tax (UBIT) Works for Not-for-Profits

Unrelated Business Income for Tax-Exempt Organizations

Question: Our tax-exempt organization has begun a program that we believe will generate income to offset costs of our operations; however, it is not directly related to our mission. Are we subject to tax on these activities? Answer: Likely yes. Income from activities not substantially related to your tax-exempt organization’s mission are generally subject to […]

Federal Audit Clearinghouse Provider Changing from Census to GSA

Are you an organization receiving federal funds over $750,000 during the year? Then in the past you have probably had an audit performed under Uniform Guidance and completed a submission regarding your federal awards to the Federal Audit Clearinghouse. On October 1, 2022, the Federal Audit Clearinghouse provider will change from Census to the General […]