• Skip to main content
  • Skip to the end
  • People
  • Services
    • Tax
    • Assurance & Accounting
    • Accounting Solutions for Business
    • Estates & Trusts
    • Business Advisory
      • Start-up Advising
      • Corporate Governance
      • Internal Control
      • Growth Management
      • Succession Planning
    • Valuation
      • Valuation Services
      • ESOPs
      • Start-up Funding
      • Stock Options
      • Valuation Process
    • Litigation Services
    • Benefit Plans
  • Expertise
    • Construction
    • Emerging Businesses
    • Family Wealth & Individual Tax Planning
    • International
    • Manufacturing & Distribution
    • Nonprofit
    • Real Estate
    • Recreation & Entertainment
    • Renewable Energy
    • Technology
  • Resources
    • Estate Planning Podcast
    • Estate Planning Year-End Check Up
    • Insight on Estate Planning Blog
    • Founder’s Pit Crew
    • International Tax Articles
    • Nonprofit Insights Blog
    • Tech Company Life Cycle Chart
    • Tech Blog
  • News & Events
    • COVID-19 Articles
    • Newsletters
    • ASL Talks
    • Press Releases
    • Media
  • Careers
  • About
    • About Us
    • Our Mission
    • Our Community
    • Associations
  • Contact
  • File Sharing
  • Pay Online
  • About
    • About Us
    • Our Mission
    • Our Community
    • Associations
  • Contact
  • File Sharing
  • Pay Online
ASL
  • People
  • Services
    • Tax
    • Assurance & Accounting
    • Accounting Solutions for Business
    • Estates & Trusts
    • Business Advisory
      • Start-up Advising
      • Corporate Governance
      • Internal Control
      • Growth Management
      • Succession Planning
    • Valuation
      • Valuation Services
      • ESOPs
      • Start-up Funding
      • Stock Options
      • Valuation Process
    • Litigation Services
    • Benefit Plans
  • Expertise
    • Construction
    • Emerging Businesses
    • Family Wealth & Individual Tax Planning
    • International
    • Manufacturing & Distribution
    • Nonprofit
    • Real Estate
    • Recreation & Entertainment
    • Renewable Energy
    • Technology
  • Resources
    • Estate Planning Podcast
    • Estate Planning Year-End Check Up
    • Insight on Estate Planning Blog
    • Founder’s Pit Crew
    • International Tax Articles
    • Nonprofit Insights Blog
    • Tech Company Life Cycle Chart
    • Tech Blog
  • News & Events
    • COVID-19 Articles
    • Newsletters
    • ASL Talks
    • Press Releases
    • Media
  • Careers
Search | Menu

Nonprofit Insights

Next
March 15, 2023

What Form 990 Can Tell Donors and Watchdogs

IRS Form 990 includes specific information that helps donors and watchdogs assess and monitor nonprofit organizations. In a single document, it provides a snapshot of the financial health, governance, and operations of a nonprofit. (more…)

Share Article
Print
Categories: Nonprofits
Tags: Executive Compensation, Form 990, Mission and vision, nonprofits,
March 9, 2023

Valuing and Substantiating Non-Cash Gifts - What Your Nonprofit Needs to Know

It’s not uncommon for nonprofit organizations to receive donations of tangible property from supporters in addition to cash contributions. Special rules apply when valuing such property and providing donors with the right kinds of documentation to substantiate deductions claimed for these donations.

Here are some common questions nonprofits have about valuing and substantiating non-cash gifts. (more…)

Share Article
Print
Categories: Execs & Owners, Nonprofits
Tags: Deductions, Non-cash gifts, Nonprofit Organizations, Qualified appraisal,
March 2, 2023

Nonprofit Executive Compensation - Don’t Run Afoul of IRS Regulations

Executive compensation at nonprofits is a hot-button issue right now as the IRS has begun ramping up oversight and enforcement. This is partly in response to some high-profile instances where executives working at nonprofit organizations received excessive salaries in relation to the size of the organization or the region of the country. (more…)

Share Article
Print
Categories: Execs & Owners, Nonprofits
Tags: Nonprofit Executive Compensation, nonprofits,
March 2, 2023

Three Steps to Preventing Excess Executive Compensation

The National Council of Nonprofits advises nonprofit organizations to take the following steps to help ensure that executive compensation isn’t excessive: (more…)

Share Article
Print
Categories: Execs & Owners, Nonprofits
Tags: Executive Compensation, Nonprofit Executives, nonprofits,
March 2, 2023

The Excess Nonprofit Compensation Tax

Section 4960 of the Tax Cuts and Jobs Act added an excise tax on excess compensation paid to certain executives of nonprofit organizations. The tax is imposed at the corporate tax rate of 21 percent on remuneration paid to a covered employee that exceeds $1 million, as well as excess parachute payments to covered executives. (more…)

Share Article
Print
Categories: Execs & Owners, Nonprofits
Tags: Excise tax, Nonprofit Executives, nonprofits,
February 7, 2023

Cryptocurrency Contributions in the Nonprofit World

By Emilie Thell, CPA, Manager, Assurance & Advisory

Following the onset of the COVID-19 pandemic, contributions to nonprofits have continued to reach record levels year-over-year. Considering the increasing popularity of crypto, it’s not surprising that nonprofits are seeing an increase in crypto contributions as well.

Fidelity Charitable reports they accepted more than $330 million in contributed crypto for philanthropic giving in 2021, up from $28 million in 2020, and crypto accounted for 66% of their contributions during the year. The Giving Block reports accepting almost $70 million in contributed crypto in 2021 compared to just $4 million in 2020. (more…)

Share Article
Print
Categories: Nonprofits, Winter 2023
Tags: Cryptocurrency, Emilie Thell, Nonprofit Organizations,
October 17, 2022

How to Create a Code of Ethics

The news is full of stories involving ethics—recently one about would-be auditors cheating on, of all things, a national ethics exam. While no one wants to be in the spotlight for bad behavior, unethical behavior can be especially damaging to the reputation of a nonprofit organization.

To deter such conduct, many nonprofit organizations create codes of ethics to formally guide employees, volunteers, and board members in their decisions. Good codes of ethics include guidance on these and other behaviors: (more…)

Share Article
Print
Categories: Nonprofits
Tags: Code of Ethics, nonprofits,
September 21, 2022

SMART Is Now SMARTIE

As nonprofit organizations recover from the pandemic, one prominent issue that’s getting renewed focus is diversity, equity, and inclusion (DEI). Fostering and modeling these three values not only promote positive workplace experiences and opportunities, they also further the productive relationships and goodwill that advance nonprofit missions.

Incorporating DEI into everyday practices takes deliberate effort and planning. Working DEI into overall organizational strategy is a way to ensure that DEI issues are addressed in all decisions—and goal setting is a great place to start. (more…)

Share Article
Print
Categories: Nonprofits
Tags: Goal setting, nonprofits, SMART Goals,
August 25, 2022

Nonprofit Staffing: Challenge or Crisis?

According to the U.S. Chamber of Commerce, more than 47 million workers quit their jobs in 2021, many seeking increased pay along with improved work-life balance and job flexibility. This spring, employers added 372,000 jobs, and the unemployment rate dropped to 3.6 percent—a near-record low in many states. It seems every business and nonprofit organization is hiring, and lots of workers are eager for new and better jobs. (more…)

Share Article
Print
Categories: Nonprofits
Tags: Great Resignation, Nonprofit Organizations, Recruiting, Staffing,
Next Entries

Categories

  • Nonprofits
  • Execs & Owners
  • Winter 2023
  • Summer 2022
  • Fall 2021
  • Fraud
  • COVID-19
  • Winter 2021
  • Audit & Accounting Errors, Myths & Guidelines
  • Winter 2020
  • Fall 2019
  • Updates & Alerts
  • Tax Reform
  • Summer 2019
  • Spring 2019
  • Winter 2019
  • Fall 2018
  • Summer 2018
  • Spring 2018

Archives

  • March 2023
  • February 2023
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • May 2022
  • March 2022
  • December 2021
  • November 2021
  • October 2021
  • July 2021
  • June 2021
  • April 2021
  • March 2021
  • February 2021
  • November 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • May 2019
  • April 2019
  • February 2019
  • January 2019
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018

subscribe:
asl advisor

Subscribe today to receive the ASL Advisor!

Sign Me Up!
Contact Us Join Our List Follow
Privacy Policy | Site Map | Design by HDSF
© 2023 Abbott, Stringham & Lynch - Silicon Valley CPA Firm - 1901 South Bascom Avenue, Suite 105, Campbell, CA 95008
Phone: 408-377-8700 - Fax: 408-377-0821 - info@aslcpa.com

Accounting | Tax | Audit | Consulting – Abbott Stringham & Lynch is a top 30 CPA firm serving San Jose, the heart of Silicon Valley and the greater Bay Area. Our experienced team offers audit, accounting, tax, valuation, and consulting services to companies and individuals. With expertise in the areas of real estate, construction, technology, nonprofit, emerging business, international, family wealth & individual, recreation and entertainment, and renewable energy. San Jose CPA – Silicon Valley CPA. Regretfully, we are unable to refund payments made through our online processing system.