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Nonprofit Organizations
Forging New Paths
The RSM nonprofit practice consists of professionals who meet the assurance, tax and consulting service needs of organizations in areas such as: federal award compliance, international, technology and more. Our objective is to maintain the most current information available related to developments for nonprofit organizations so you can focus on success and not regulations.

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.
Recommended Insights

TAX ALERT
IRS provides guidance on deductions for food or beverages
Notice 2021-25 provides temporary relief on deductions for food or beverage under the Taxpayer Certainty and Disaster Relief Act.

TAX ALERT
IRS TE/GE division releases new compliance initiatives
Eight new initiatives, affecting exempt orgs, employee plans and tax-exempt bonds, added to IRS Compliance Programs and Priorities website.
FINANCIAL REPORTING INSIGHTS
FASB provides goodwill impairment triggering event alternative
The FASB has issued ASU 2021-03, which provides a new goodwill impairment alternative for private companies and not-for-profits.

INSIGHT ARTICLE
5 ways nonprofits can stay agile
To stay nimble, nonprofit organizations should examine these five areas to enhance their ability to adapt to change.

TAX ALERT
The IRS provides further guidance on the Employee Retention Tax Credit
The Relief Act made changes on how the Employee Retention Tax Credit works during the first two quarters of 2021.
Muse Newsletter
A bi-monthly publication dedicated to providing ideas and education to tax exempt organizations.
RSM MarketPrism
Provides organizations with valuable benchmarking information on a real-time basis.