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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#MeToo Movement Impacts Nonprofits

#metoo Movement Impacts Nonprofits

The #MeToo Movement, which is an international movement against sexual harassment and assault, has spread across nearly every major industry like wildfire.  People might assume that this problem would be […]

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How to Ensure Effective Internal Control as a Nonprofit

How To Ensure Effective Internal Controls As A Nonprofit

In addition to the “tone at the top,” an important part of having an effective internal control is segregation of duties. Adequate segregation of duties requires certain key functions to […]

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Deciphering Between Contributions and Exchange Transactions

How To Decipher Between Contributions And Exchange Transactions

Nonprofit organizations have various sources of revenue, and one of the trickiest areas of financial reporting for a nonprofit organization is distinguishing an item as a contribution or an exchange […]

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The Basics: Intermediate Sanctions and Excess Benefit Transactions

The Basics: Intermediate Sanctions And Excess Benefit Transactions

Intermediate sanctions sound fairly scary. In reality, regulations and penalties are equally scary, so the name is appropriate. Intermediate sanction regulations and penalties exist to stop abuses by disqualified persons […]

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What documents should your organization be keeping?

What documents should your organization be keeping?

A nonprofit entity is required to maintain proper records to ensure the organization complies with tax rules and regulations. If an organization is unable to provide supporting documentation proving qualification […]

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NFPs with operations in Indiana: be aware of unique state audit requirements

NFPs With Operations In Indiana – Be Aware Of Unique State Audit Requirements

The Indiana State Board of Accounts (SBA) has the responsibility of examining the accounts and financial records for all state entities and entities receiving public money within the state of […]

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How the 2017 TCJA Affects Nonprofits

2017 Tax Cuts And Jobs Act Provisions Of Interest To Nonprofits

Provisions of the 2017 Tax Cuts and Jobs Act, H.R. 1, are expected to have significant impacts on charitable giving, among other changes that will affect not-for-profit organizations (NFPs) both […]

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Tax-Exempt Highlights Comparison of the TCJA 2017

Tax-Exempt Highlights Comparison – Tax Cuts And Jobs Act Of 2017

On December 22, President Trump signed into law the “Tax Cuts and Jobs Act” (P.L. 115-97), a sweeping tax reform law that will entirely change the tax landscape. The legislation […]

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The 12 Days of Tax Tips

The 12 Days Of Tax Tips [Part 2]

Also, read: “12 Days of Tax Tips – Part 1”   Part 2 Table of Contents: Six check-up questions for end-of-year withholding Five steps to remember when making a charitable […]

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The 12 Days of Tax Tips

The 12 Days Of Tax Tips [Part 1]

As the year comes to a close, we have collected twelve IRS lists with tax tips for year-end planning, safekeeping, reporting, and giving. Part 1 Table of Contents: Twelve worst […]

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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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Webinars

Not-for-profit financial statements

Beyond the Balances: What Your Not-for-Profit Financial Statements Are Really Telling You

By Luke Pierce, CPA, Senior Manager at Blue & Co. Leaders in the not-for-profit sector are often required to oversee and understand all parts of their organization. For the many […]

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6 Considerations for Navigating Restricted Fund Changes in Not-for-Profit Organizations

By Caroline Paulus, CPA, Manager and Beth Anne Akers, CPA, Manager at Blue & Co. When circumstances shift and a not-for-profit needs to repurpose restricted funding, balancing donor intent with […]

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Building a Stronger IT Foundation for Your Nonprofit

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 […]

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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, 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 […]

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federal grant funds

Are You Leaving Federal Grant Funds on the Table?

By Claudia Valarezo, CPA, Manager at Blue & Co. Maximize Cost Recovery Under Federal Rules (Uniform Guidance) Nonprofits and local governments often ask, “How can we avoid problems during our […]

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Is Your Nonprofit Ready for an Endowment? Weighing the Benefits, Costs, and Timing

By Beth Anne Akers, CPA, Manager, and Caroline Paulus, CPA, Manager at Blue & Co. An endowment fund is a powerful signal of an organization’s long-term commitment to its mission. […]

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