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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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Why You Need To Restate Your 403(b) Plan Document

Written by Mickie Murphy, ERPA, QPA, QKA In 2007, the Internal Revenue Service published 403(b) regulations requiring that all 403(b) plans have a written plan document in place by December […]

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Tips for the Charitable Hero

Tips For The Charitable Hero

How Charitable Organizations Can Help Victims Of Emergency Hardships Or Disasters Charitable organizations can assist those facing emergency hardships and disaster victims in a variety of ways. Organizations may provide […]

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Impact Of The New Revenue Recognition Standards On NFP Organizations | Blue & Co., LLC | Nonprofit Consulting | Not-for-Profit Consullting | Nonprofit Financial Consulting

Impact Of The New Revenue Recognition Standards On NFP Organizations

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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Is your charitable hospital in compliance with IRC 501(r)?

Is Your Charitable Hospital In Compliance With Irc §501(r)?

Even though there have been several attempts this year to repeal the Patient Protection and Affordable Care Act (the “ACA”), the efforts have not been successful. Additionally, the attempted repeal […]

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A beginner's guide to reporting grants on Form 990

A Beginner’s Guide To Reporting Grants On Form 990

When an organization provides grants to individuals, it may be required to complete specific schedules on the Form 990. Organizations that provide grants or assistance to interested persons must complete […]

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Reporting Of Expenses - New Requirements And Opportunities

Reporting Of Expenses – New Requirements And Opportunities

Beginning in the calendar year 2018, and fiscal years ending in 2019, nonprofit organizations will be required to present expenses both by their functional and natural classification, in a manner […]

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What you need to know: new not-for-profit disclosures on liquidity

What You Need To Know: New Not-for-Profit Disclosures On Liquidity

On August 18, 2016, the Financial Accounting Standards Board (FASB) issued an Accounting Standards update (ASU) No. 2016-14 Presentation of Financial Statements of Not-for-Profit (NFP) Entities. This update is meant […]

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4 Cyber Security Tips for Not-For-Profits on a Budget

4 Cybersecurity Tips For Not-for-profits On A Budget

by Ashley Jones, CPA, Manager Following the headlines from any news source these days, it seems that cyber security is just about always trending. While this is not a new […]

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Are you underreporting UBI?

Are You Underreporting Unrelated Business Income (UBI)?

by Nancy Kirchner, CPA, Manager Federal law allows nonprofit organizations to engage in a certain amount of income-producing activity that is not related to its exempt purpose. However, the IRS […]

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Avoiding Excess Benefit Transactions

What You Need To Know: Understanding And Avoiding Excess Benefit Transactions

Intermediate sanctions legislation was passed in 1996; however, in recent years, the Internal Revenue Service (IRS) has renewed its focus on enforcement of the private inurement rule as it relates […]

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Gaming Requirements Exempt Organizations

By Annmarie Novotney Exempt organizations often have a focus on events or fundraisers from which to generate additional funds to promote their missions. Frequently, games of chance like bingo, pull […]

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Cyber Security for Not-For-Profits

Data breaches can occur in any organization, and not-for-profits (NFPs) are not immune. Oftentimes NFPs can be at risk because their systems are not up-to-date or are simplistic in nature. […]

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Exempt Organization Public Disclosure Requirements

Tax-exempt organizations are different from non-exempt organizations in many ways; one of which is their annual returns and exemption forms are required to be made available to the public. The […]

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Dangerous Transactions To Avoid

Certain transactions can be considered automatic issues for an organization if conducted with an interested person. Transactions providing an economic benefit that exceeds the value of considerations given are known […]

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FASB Issues New Standard NFP Financial Reporting

On August 18, 2016, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) No. 2016-14 Presentation of Financial Statements of Not-for-Profit Entities that simplifies and improves how […]

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Webinars

nonprofit internal controls

No Fooling Around When It Comes to Internal Controls

By Makalynn Funk, CPA, Senior Accountant at Blue & Co. April Fools’ Day brings around lots of fun pranks and punchlines, and while we all have fun with these little […]

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IRS Issues Revenue Procedure 2026-8: Updates for Group Exemption Holders

By Angela Crawford, CPA, Director at Blue & Co. Overview of Recent IRS Guidance on Group Exemptions The Internal Revenue Service (IRS) has held ongoing concerns about the administration of […]

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nonprofit board

The Question Every Nonprofit Board Is Thinking, But Rarely Asks

By Marcus Moore, CPA, Manager at Blue & Co. Nonprofit boards are responsible for protecting mission, strategy, and long-term sustainability. Yet in many boardrooms, the most important question is rarely […]

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2026 Indiana Not-For-Profit Reminders

By Angela Crawford, CPA, Director at Blue & Co. Indiana Form NP-20R, Not-For-Profit Organization’s Report Indiana not-for-profits are required to file Form NP-20R every five years. The due dates for […]

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nonprofit IT policies

Is Your Nonprofit’s IT Environment Really Secure? 7 Policy Essentials You Can’t Afford to Ignore

By Karen Dringenburg, CPA, Senior Accountant 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 […]

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interest rate swaps

New Year, New Rates: How Not-For-Profits Can Lock in Stability with Interest Rate Swaps

By Annmarie Novotney, CPA, Audit Director at Blue & Co. Over the past few years, not-for-profits have faced heightened interest rate volatility. In 2022 and 2023, the Federal Reserve raised […]

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