May 20, 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 […]
Read MoreCategory: Not-for-Profit Industry
May 7, 2019
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 […]
Read MoreApril 15, 2019
Managing Your Not-for-Profit for the Long Term
The length of the current economic expansion, coupled with recent volatility in the economy and the financial markets serve as a reminder that organizations need to keep a long-term view […]
Read MoreMarch 21, 2019
Board Member Financial Literacy and Stewardship
Not-for-profit board members are responsible for providing guidance and direction to ensure that a given organization is proactively working towards achieving its mission and strategic vision. Part of this responsibility […]
Read MoreMarch 4, 2019
Tracking of Grants and Programs with QuickBooks
Are you tracking your grant or program expenses in spreadsheets, or is your current method not working well for you? If your organization is using QuickBooks, there are built-in features […]
Read MoreFebruary 11, 2019
Difficulties and Benefits of Accepting Cryptocurrency as a Not-For-Profit
Cryptocurrency is a virtual currency, which is a decentralized system based on blockchain technology. There are thousands of cryptocurrencies, which offer a digital medium of exchange for instantaneous purchasing and […]
Read MoreJanuary 22, 2019
Cyber Security Vulnerabilities for NFPs
Please see Updated Article for the latest in Cyber Security A hot topic of many conversations recently has been cyber security. Are not-for-profit organizations at risk? If so, what should […]
Read MoreDecember 20, 2018
How to Calculate Parking Expenses Additions to Unrelated Business Income
One of the biggest questions arising from the passing of the Tax Cuts and Jobs Act (TCJA) involves the add-back of disallowed fringe benefit deductions to an exempt organization’s unrelated […]
Read MoreNovember 20, 2018
Donor Gift Receipts: IRS Substantiation Requirements
With the end of the year approaching, many not-for-profits see an increase in giving. Therefore, we thought it would be helpful to provide a brief summary of donors’ documentation requirements […]
Read MoreOctober 29, 2018
The Complete Guide to In-Kind Gifts – Part 2
This is the second article in a two-part series on gifts in kind. Click here to read Part 1 where we discuss types of in-kind gifts and how they should […]
Read MoreRecent Articles View All Thought Leadership
September 10, 2026
By Karen Dringenburg, CPA, Audit Manager at Blue & Co. Your not-for-profit’s IT environment plays an important role in protecting donor information, financial data, and the systems that support your […]
September 09, 2026
By Karen Dringenburg, CPA, Audit Manager at Blue & Co. The IT environment is constantly evolving, and not-for-profit organizations face unique challenges in keeping pace. While your primary focus is […]
September 04, 2026
By Sara Jacobi, CPA, CEPA, Director of Firm Taxation at Blue & Co. The Internal Revenue Service (IRS) announced tax relief for individuals and businesses in certain Indiana counties affected […]
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