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All About Nonprofit (11)

Liquidity Disclosures: What Nonprofits Need to Know

Nonprofits are required to include a liquidity disclosure in their financial statements. This liquidity disclosure overviews qualitative and quantitative information about how the nonprofit manages its liquid resources. This information can make it...
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Businesses Must Use New Form W-4 Starting January 1, 2020

The long awaited new Form W-4 is finally here. Here’s the rundown on the new form, which businesses must start using for new employees hired on or after January 1, 2020.
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E-Filing Will be Mandatory for All Tax-Exempt Organizations

The IRS recently announced new rules for e-filing requirements for tax-exempt organizations. The Taxpayer First Act requires all tax-exempt organizations to electronically file Form 990. Currently, only a limited number of nonprofits are required to file...
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How to Protect Your Nonprofit With a Conflict of Interest Policy

A conflict of interest policy is important for any business, but has greater significance for nonprofit organizations. A good conflict of interest policy helps a nonprofit organization protect its reputation AND its tax-exempt status.
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Volunteering Together Makes Us Better Together

Just as sweet potatoes and pumpkin pie might be staples on your Thanksgiving table, community service days are staples for Gross Mendelsohn every autumn. Individually, our staff members volunteer year-round for organizations they believe in (you’ll see a...
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How to Improve Nonprofit Board Governance

When the IRS revised Form 990 to include several questions regarding governance policies and board members’ roles in performing fiduciary activities, board governance became a hot topic.
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