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3 Top Compliance Challenges for Nonprofits + Expert Advice

NonProfit Leadership Alliance

In this guide, we’ll review expert tips for overcoming the top three nonprofit compliance challenges: Complying with governance guidelines Following fundraising requirements Reporting finances accurately Accuracy and thoroughness are key to maintaining compliance so your nonprofit can continue its important work.

Finance 195
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Discovering The Tax Implications of Nonprofits Owning For-Profit Businesses

The Charity CFO

Tax Implications of Nonprofits Owning For-Profit Businesses Unrelated Business Income Tax (UBIT) Recognized nonprofits generally receive tax-exempt status from the federal government. Tax-exempt status makes it easier for your organization to retain nonprofit revenue and meet the goals of your mission.

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Best Practices when Accounting for Grants

The Charity CFO

But in order to get the most out of these grants, you need to understand how to properly manage and account for them. The IRS has strict regulations on how to handle grants and charitable contributions, so it is essential that you understand the best practices when accounting for them. What is a Grant?

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Dr. James explains why sustainable giving starts by answering, “Do we have a shared future?”

iMarketSmart

Research in Government and Nonprofit Accounting, 12 , 35-56. [20] Research in Government and Nonprofit Accounting, 12 , 35-56. 52, “Our results suggest that contributions are positively associated with a charitable organization’s ability to continue to operate …”) [21] Trussel, J. Also see p.