Expanding Your Nonprofit’s Benefit Offerings

Many job seekers and others assume that not-for-profit organizations offer fewer or less-generous fringe benefits to employees than for-profit companies. But that's not necessarily true. According to a recent survey by the Nonprofit Times, 87% Read More

Kirsch CPA Group

Dec 14, 2022

Avoiding Nonprofit Tax Traps

If your organization has met the IRS qualifications to be considered tax-exempt, the income you receive — such as donor contributions — is exempt from federal income tax. However, it's still possible for not-for-profits to Read More

Kirsch CPA Group

Aug 04, 2022

Preparing Form 990: Pay Attention to These Eight Items

If your not-for-profit organization operates on a calendar-year tax basis, the deadline for filing your 2021 Form 990 (Form 990 EZ for certain small organizations) is right around the corner — May 15, 2022. Besides filing Read More

Diane Glover

Apr 14, 2022

Don’t Run Afoul of Private Inurement Rules

Most not-for-profit executives are aware of the prohibition against private inurement. Generally, nonprofit directors and executives — and their family members — aren't allowed to personally benefit from their positions while putting their organization at Read More

Kirsch CPA Group

Aug 04, 2021

Danger! How Nonprofits Often Lose Their Tax-Exempt Status

With all the legal hoops involved, it can be difficult for a not-for-profit to secure its tax-exempt status. The last thing you want after gaining this critical designation is to lose it. In the current Read More

Kirsch CPA Group

Jun 24, 2021

Should Your Nonprofit Adopt Remote Work Permanently?

If your the staffers of your not-for-profit can work from home during the COVID-19 pandemic, they probably are. But what about when the crisis ends? As workers have become accustomed to remote work, many now Read More

Kirsch CPA Group

Oct 15, 2020

Answer an Important Question: Are Your Directors Independent?

Not-for-profit organizations that file IRS Form 990 must indicate the number of independent voting members or directors of the governing body. (This is entered on Parts 1 and VI.) The IRS is not the only Read More

Diane Glover

Sep 18, 2018

What Image Does Your Organization Present to Large Contributors?

Attracting funding organizations and large individual contributors to donate money to your not-for-profit organization is a little like finding a spouse — you want to create the best impression during the courtship in the hope Read More

Kirsch CPA Group

Mar 15, 2018

Fight Back Against Internal Fraud

Internal fraud drains more than $3.7 trillion annually from global businesses, according to recent estimates, and not-for-profit organizations are not exempt. The median loss suffered by a not-for-profit group victimized by fraud was $100,000, according Read More

Diane Glover

Oct 27, 2017

Planned Giving Holds Tremendous Benefits for Not for Profits

Is your Non for Profit organization pursuing planned giving? It should be. Research suggests that the average planned gift in the United States falls between $35,000 and $70,000 -- and the amount may increase with Read More

Diane Glover

Jul 28, 2017