Nonprofit Organizations

WHITE PAPER

Nonprofit board governance: Building blocks

Nonprofit board governance requires a clear understanding of the difference between board members and organization management.

INSIGHT ARTICLE

Audit committee guide for nonprofit organizations

Audit committee roles and responsibilities are under increased scrutiny following financial compliance reporting incidents in recent years.

RSM SERVICES

US Veterans Initiative

RSM helped US Veterans Initiative transition to the cloud and stabilize their IT infrastructure. Watch the video to learn more.

CASE STUDY

Nonprofit Leverages RSM for the Building Blocks for Building Capacity

By leveraging RSM, NSPE’s COO has tapped into a resource that enables him to build capacity for himself and his finance department.

TAX ALERT

Final regulations address higher education endowment excise tax

New regulations under section 4968 provide favorable guidance to private colleges and universities subject to the excise tax.

FINANCIAL REPORTING INSIGHTS

Presentation and disclosure of contributed nonfinancial assets

The FASB recently issued requirements regarding the presentation and disclosure of contributed nonfinancial assets by nonprofit entities.

TAX ALERT

Treasury issues skinny guidance on employee payroll tax deferral

Following the President’s memo on August 8, Treasury releases very short Notice 2020-65 delaying the deadline for employee FICA tax.

TAX ALERT

Final regs. address payments to charities in return for SALT credits

Amendments to section 162, 164, and 170 regs. formalize safe harbors for payments to charitable organizations in exchange for SALT credits.

TAX ALERT

Unemployment reimbursement relief for nonprofit employers

New legislation allows nonprofit employers to pay 50% of their unemployment reimbursing payment obligations to states.