Nonprofit Blog

Welcome to the Nonprofit Blog hosted by the professionals at Armanino, CPAs & Consultants. This blog is set up to inform nonprofit organizations of trends, rule changes, best practices and free educational offerings that we have built to support nonprofit organizations. Our professionals bring you their insights from an accounting and organization perspective to help nonprofits reach their goals. We support our clients with advice, direction and best practices.

Monday, April 10, 2017

Another Slow-Motion Car Crash for the Nonprofit Sector?

From the vantage point of a Southern CA accounting firm with a diversified practice including mortgage lenders and real estate developers, there were a number of troubling signs about the economy in the fall of 2007. What wasn’t immediately obvious was the potential impact on the nonprofit sector. But the magnitude of the financial downturn …

Friday, March 10, 2017

When Should You Pursue Pledged Donations From an Estate?

Duke University suffered a heavy blow to goodwill—and to its cash flow for years to come—due to public backlash over the school’s legitimate claim against the estate of a loyal supporter. Last August, The Wall Street Journal (WSJ) reported that Duke University had made a claim on the estate of Aubrey McClendon for about $9.94 …

Thursday, September 8, 2016

Nonprofit Symposium Recap: How to Streamline Your Fundraising

Although fundraising is critical to nonprofits’ success, many don’t have the right finance infrastructure to support it. To better serve their missions, organizations of all sizes need to put efficient donor management technology and processes in place. “We’ve found that if you’re working with donors, you need a system to track those relationships,” said Armanino …

Monday, August 22, 2016

Playing Keeps: What to Do When Donors Change Their Minds

There are no take-backs in fundraising, right? Wrong. Contrary to what your development team might believe, donors can and do ask for their money back. Take country music superstar Garth Brooks. The singer found that he had friends in high places when an Oklahoma jury agreed that a hospital had defaulted on an agreement to …

Monday, April 4, 2016

Gearing Up for a Higher Minimum Wage: Part 2

Is Your Nonprofit Ready For Higher Minimum Wages? In the first part of this blog series, we looked at the impact of Los Angeles County’s new minimum wage law on area nonprofits. If you remember, the minimum wage in LA is scheduled to rise from $10 to $15 over the next four years. The next …

Friday, April 1, 2016

Gearing Up for Higher Minimum Wage: Part 1

Living Wages and Your Nonprofit In theory, the new minimum wage laws being adopted by an increasing number of California municipalities should be something that all of us involved in the nonprofit sector can get behind. Living-wage advocates make the case that higher pay lifts workers out of poverty and pumps dollars back into the …

Friday, February 19, 2016

It’s Checkup Time for Nonprofits

Most nonprofit organizations have passed the halfway mark of the fiscal year, which makes this an excellent time for a financial checkup. How are you tracking towards budget? Are your fundraising goals on track? Is cash flow tight? Have you filed your Form 990? Have you given any thought to your fiscal year 2016 financial …

Tuesday, December 1, 2015

Kicking off December with #GivingTuesday

Now in it’s fourth year, #GivingTuesday falls on December 1 this year. We wanted to share a little bit about the history of a day we know has become important for our nonprofit clients and their fundraising teams.  Here is how #GivingTuesday describes it on their website: We have a day for giving thanks. We …

Tuesday, August 25, 2015

Nonprofit State Registration: Know the Facts

Many nonprofit finance teams have questions concerning state registrations: “Why do we have to register?  Where do we need to register?  How often do we need to register?  What happens if we don’t register?”  This is why Charity Compliance Solutions, sponsors at our latest Nonprofit Symposium in San Francisco, has helped us answer five major …

Thursday, June 25, 2015

Nonprofit Symposium | Renovating the Nonprofit Approach to Finance

Now in its fourth year, Armanino’s Nonprofit Team is pleased to host our annual Nonprofit Symposium on July 15, 2015, at the Hotel Nikko in San Francisco. Recent to Cutting Edge: Renovating the Nonprofit Approach to Finance was designed specifically for finance executives of today’s leading, larger nonprofit organizations, the free, half-day forum offers education …

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