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Thought Leadership

When it comes to thought leadership and staying informed, we’ve got you covered. See below for recent articles, webinars, and downloadable resources available.

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Form 990 Compensation Reporting

Form 990 Compensation Reporting

When your favorite time of year rolls around (completing your organization’s Form 990, of course!), it can be difficult to know what you should be providing to your tax return […]

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Contributions and Exchange Transactions_ A Reminder on Upcoming New Revenue Standards

Contributions and Exchange Transactions: A Reminder on Upcoming New Revenue Standards

Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]

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Property Tax Exemptions for Nonprofits

Property Tax Exemptions for Nonprofits

Did you know that just because a nonprofit organization is exempt from income tax, does not automatically qualify it to be exempt from property taxes? A general rule is that […]

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Proposed Rules to End Donor Reporting Requirement for Non-501(c)(3) and Non-527 Organizations

Proposed Rules to End Donor Reporting Requirement for Non-501(c)(3) and Non-527 Organizations

On September 10, 2019, proposed REG-102508-16 was issued to end the reporting of names and addresses of substantial contributors listed on Schedule B of Form 990 or Form 990-EZ for […]

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Reviewing Your Organization’s Board Governance Model

Reviewing Your Organization’s Board Governance Model

A strong board of directors will oversee implementation of strategic objectives for the organization, but also has ultimate responsibility and liability. Building a strong board of directors is challenging, yet […]

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Exempt Organization Public Disclosure and Availability Requirements

Exempt Organization Public Disclosure and Availability Requirements

It’s pretty well known that exempt organizations’ current Form 990s or equivalent filings (990-EZ, 990-PF, etc.) are required to be available for public inspection. However, did you know these public […]

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Alternative Investments and Foreign Reporting for Nonprofits

Alternative Investments and Foreign Reporting for Nonprofits

Nonprofit organizations are often looking for ways to diversify their investment portfolios. One way to achieve diversification is to invest in alternative investments, which can include domestic and foreign limited […]

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New Lease Accounting Standard Deferral

New Lease Accounting Standard Deferral

Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]

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Legislative Update for Exempt Organizations: July 2019

Legislative Update for Exempt Organizations: July 2019

On July 1, 2019, the Taxpayer First Act of 2019 (the “Act”) was signed into law.  The law is generally intended to improve customer relations with the Internal Revenue Service […]

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Federal Perkins Loan Program Announcements

Federal Perkins Loan Program Announcements

Electronic announcements May 3, 2019 and May 24, 2019 Colleges and universities who participate in the Federal Perkins Program are no longer able to award or disburse new Perkins Loans. […]

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Should My Organization Consider Establishing an Operating Reserve?

Should My Organization Consider Establishing an Operating Reserve?

The recent Accounting Standards Update (No. 2016-14) issued by the Financial Accounting Standards Board on the Presentation of Financial Statements of Not-For-Profit Entities has increased awareness of liquidity in not-for-profit […]

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QuickBooks Online Advanced and How It Can Impact Your Nonprofit

QuickBooks Online Advanced & How It Can Impact Your Nonprofit

If you are a current user of QuickBooks Online (QBO), you may have received an offer of a trial version of QBO Advanced or you may have received a notice […]

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A Conversation on Revenue Recognition (ASC 606)

A Conversation on Revenue Recognition (ASC 606)

Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]

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IRS Group Ruling Changes for 2019

IRS Group Ruling Changes for 2019

As of January 1, 2019, the Internal Revenue Service (IRS) has stopped mailing lists of parent and subsidiary accounts to organizations with a group ruling. In the past, the IRS […]

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Looking Ahead: A Reminder on the Upcoming New Lease Standard

Looking Ahead: A Reminder on the Upcoming New Lease Standard

Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]

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Webinars

restricted funds

Navigating Changes of Restricted Funds in Not-for-Profit Organizations

By Cecilia Spencer, CPA, Manager, at Blue & Co. Not-for-profit organizations often receive funds with specific restrictions on how they can be used. These restrictions ensure that the donor’s intent […]

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captive insurance

Captive Insurance Considerations

By Caroline Paulus, CPA, Audit Manager at Blue & Co. Insurance costs for not-for-profit organizations, especially state and national membership organizations, can vary widely based on several factors, including size […]

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endowment fund

Establishing Comprehensive Endowment Policies

By Doug Hasler, CPA, Director at Blue & Co. Whether your organization is considering soliciting donor-restricted permanent endowment contributions as part of a new capital campaign or you already have […]

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Establishing Comprehensive Endowment Policies

By Doug Hasler, CPA, Director at Blue & Co. In the first part of our series on establishing comprehensive endowment policies, we covered endowment creation and investment policy considerations. If […]

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payment re-direct and business email compromise

Payment Re-Direct and Business Email Compromise Fraud Schemes

By Luke Pierce, CPA, Manager, at Blue & Co. What is a payment re-direct and business email compromise scheme? A payment re-direct and business email compromise scheme is when a […]

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segregation of duties chart

What is Segregation of Duties and Why Is It Important to Not-for-Profit Organizations?

By Greg Jackson, CPA, Principal, at Blue & Co. What is Segregation of Duties? According to the American Institute of Certified Public Accountants, segregation of duties is a basic building […]

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