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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Unveiling Nonprofit Liquidity

By: Ryan Adams, CPA, Manager Before nonprofit organizations were required to implement Accounting Standards Update No. 2016-14, Presentation of Financial Statements of Not-for-Profit Entities, uncovering the amount of assets that […]

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Indiana Nonprofit Deadline: Indiana Form 136: April 1, 2022

Has your charitable organization moved in the last year? Have you had a significant change in use of property? If your organization is located in Indiana, and you answered yes […]

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Accurate Revenue Reporting Consideration Topics for Nonprofits

By: Jason Terwilliger, CPA, CIA, Manager Communication is a cornerstone of any effective team of individuals working together to achieve common goals. This is especially true for the accounting and […]

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Consolidation Among Not-for-Profits – Common Misconceptions

By: Rick Shields, CPA, CFE, Principal Not-for-profit (NFP) organizations often operate in an environment of affiliates with the assumption that all entities are part of one overall unit. This may […]

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Employee Retention Credit – Calculation Specifics for Nonprofit Organizations

The Employee Retention Credit (ERC) is a refundable payroll tax credit your not-for-profit (NFP) organization may be eligible to claim. The ERC was originally enacted with the CARES Act in […]

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Executive Compensation: Who is Required to be Listed on Part VII of the Form 990?

Part VII of the Form 990 is one of the more closely examined and highly scrutinized sections of an exempt organization’s tax return, both from the public and potential donors […]

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Is Your Nonprofit Organization Ready for an Endowment Fund?

Establishing an endowment fund is a big step forward for an organization. It demonstrates that the organization is serious about helping the community through its charitable work well into the […]

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How Not-for-Profits Should Account for Employee Retention Credits (ERC)

Overview The Employee Retention Credit (ERC) is a refundable payroll tax credit your not-for-profit (NFP) organization may be eligible to claim. The ERC was originally enacted with the CARES Act […]

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Updated Deadlines for Single Audit: Is Yours Approaching?

On March 19, 2021, the Office of Management and Budget issued memorandum M-21-20 (the Memo), providing an automatic six-month extension for all single audit filings for fiscal year ends through […]

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On-Demand Webinar: Cybersecurity & Data Management Best Practices for Nonprofit Organizations

According to a study by the University of Maryland, cyber-attacks happen on average every 39 seconds. Blue & Co. hosted a webinar on Tuesday, July 13 from 12:00 p.m. to […]

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On-Demand Webinar: NFP Revenue Sources – Earned Revenue

Blue & Co. and Ashley|Rountree and Associates hosted a webinar on Thursday, June 10 from 12:00 p.m. to 1:00 p.m. EST entitled Not-for-Profit Revenue Sources – Earned Revenue. This is the second […]

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Flexible Budgeting Not-for-Profits

Flexible Budgeting for Not-for-Profits

Organizational budgeting is far from a simple process, and this is especially true for those in nonprofit leadership. There are often many complexities to consider when developing a financial plan […]

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Understanding Your Options When Your Organization Fails the Public Support Calculation

Understanding Your Options if Your Organization Fails the Public Support Calculation

If your organization is exempt under section 170(b)(1)(A)(vi), section 170(b)(1)(A)(iv) or section 509(a)(2) of the IRS code, it must annually meet one of two public support calculation tests (shown on […]

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Statement of Functional Expenses: Three Steps for Accurate Expense Allocations

An area of common concern for not-for-profit organizations is how to best allocate certain expenses among the various functions between management and general activities, program services and other supporting activities […]

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Webinars

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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Form 990 reporting changes

Federal Funding and Form 990 Changes: What Exempt Organizations Need to Know

By Luke Lamb, CPA, Senior Manager, and Cory Schunemann, CPA, Manager at Blue & Co. In the past month, the Office of Management and Budget (OMB) announced proposed changes to […]

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SECURE 2.0 not-for-profit compliance

SECURE 2.0: Why 2026 Is a Critical Compliance Year for Not-for-Profits

By Holly Fields, CPA, Senior Manager at Blue & Co. The SECURE 2.0 Act was signed in December 2022 and builds on the original SECURE Act to improve retirement savings […]

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building fraud resistant operations

Building Fraud-Resistant Operations

By Chad Nieter, CPA, Senior Manager at Blue & Co., and Joel Barnett, Technical Account Executive at Blue Pioneer Consulting Fraud prevention isn’t something leadership can simply hand off to […]

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credit card testing carding

Credit Card Testing (Carding): A Growing Risk for Not-for-Profit Organizations

By Rick Shields, CPA, Principal at Blue & Co. Not-for-profit organizations that accept donations through their websites face a relatively new risk: credit card testing (also known as “carding”). If […]

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