Hawkins Ash Nonprofit Articles

Client Feature: Hope Hospice and Palliative Care

Hope Hospice and Palliative Care is located in Medford, WI. Since 1985, it has been an independent, tax-exempt corporation providing
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ASU 2016-18 Statement of Cash Flows: Restricted Cash (Topic 230) (“Update”)

This update was issued in November of 2016 and clarifies the diversity in practice as to how cash and restricted
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2016 Nonprofit Tax Tidbits

While 2016 may be in the books, there may be items related to 2016 that you are still thinking about.
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The Policies Your Nonprofit Should Have in Place

Having well-documented policies can assist a nonprofit in having good governance and financial management. Below are some policies that are
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Cost Allocations

All organizations typically have direct costs (items that relate directly to a program or a function of the organization) and
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New Requirement for Social Welfare Organizations

Recently established social welfare organizations must now notify the IRS that they are operating as tax-exempt organizations under Code Section
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Nonprofit Trends: The 2016 M+R Benchmarks Study

If there's one important takeaway from the 2016 M+R Benchmarks Study, it may be how rapidly the nonprofit universe is
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Big Changes Coming for Not-For-Profit Financial Statements

On August 18, 2016, the Financial Accounting Standards Board (FASB) issued ASU 2016-14. This will change the way financial statements
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