Nonprofit Accounting Basics

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Amy Kriz, CPA

Rubino & Company

Updates on Excess Tax-Exempt Organization Executive Compensation

Originally Posted: February 6, 2023

The Tax Cuts and Jobs Act of 2017 added a 21 percent excise tax on tax-exempt organizations, including associations, that pay what the law defines as “excess tax-exempt organization executive compe

Members and Contributors

How Nonprofits Can Better Manage Overhead Expenses

Originally Posted: January 23, 2023

Managing a nonprofit organization’s overhead (management and general) expenses is just as important as managing program and fundraising expenses. Most nonprofits would not dispute this statement.

Fraud Risk and Controls for Smaller NFPs

02/16/2023 - 1:00pm

This session will cover the risks and necessary controls for smaller Not for Profits (NFPs) related to fraud.  The main purpose is to discuss what smaller NFPs, with tight budgets, should consider related to fraud.

This session is part of the Nonprofit Accounting Basics educational programming for smaller nonprofits. The session is free and open to anyone working in- or with- nonprofit organizations as a staff person, volunteer or service provider. The intended audience is smaller organizations and the level is basic.

Employee Files

Originally Posted: December 19, 2022

Keep only what you need in an employee's personnel file.

Fiduciary Responsibility - Board Governance for Charitable Non-Profit Organizations

Originally Posted: November 28, 2022

Fiduciary obligations require charitable non-profit organizations to adhere to the highest ethical and legal standards. In every decision made and action taken, a charitable non-profit must:

Robin Slater

First Citizens Bank | First Citizens Investor Services, Inc..

Key Disclosures

Originally Posted: November 15, 2022

A key component of all audited and reviewed financial statements are the footnotes. It is in the footnotes that key transactions are explained and other important information is disclosed.

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