Most people are familiar with the terms nonprofits, not-for-profits, and for-profits—but do you know how each type of organization operates? While their differences may seem straightforward, each ...
No one is more mission-driven than individuals who lead and manage not-for-profit organizations. But did you know not-for-profit accounting practices need to be equally mission-driven? Unlike ...
“The true measure of a society is how it treats its most vulnerable.” You’ve likely heard this quote before. Its origins are debated, often attributed to Gandhi or other moral thinkers, but the spirit ...
The crisis in local news is old news. Legacy for-profit news organizations have been in serious decline since the Great Recession, with staffing declines across the industry and a growing number of ...
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Does existing guidance on current expected credit loss (CECL) apply to not-for-profit organizations (NFPs)? The answer depends on the types of financial assets an NFP holds. FASB Accounting Standards ...