by Mary Doherty | May 28, 2020 | News
by Mary Doherty | May 28, 2020 | Nonprofit
One of the strongest predictors of a nonprofit’s long-term survival is multiple revenue streams. Many organizations with only one or two found that out that the hard way when they failed during the 2008 recession. The same is likely to be true for nonprofits that do —...
by Mary Doherty | May 26, 2020 | News
Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external auditors are no exception. Fortunately, in recent years, most audit firms have been investing in technology and training to facilitate remote...
by Mary Doherty | May 21, 2020 | Nonprofit
Charitable contributions aren’t always eligible for tax deductions — even when the nonprofit recipient is tax exempt and the donor itemizes. Take “quid pro quo” donations. These transactions occur when your organization receives a payment that includes a contribution...