Hawkins Ash Nonprofit Articles

grant revenue

Grant Revenue and Income Recognition

In 2018, the Financial Accounting Standards Board (FASB) issued ASU 2018-08 which provided clarifications on how non-governmental organizations should recognize
Lease Standard

The New Lease Standard is Here

The new accounting standard for Leases (Topic 842) that was issued back in 2016 is now effective for not-for-profit (NFP)
Nonprofit Connection February

Nonprofit Connection Newsletter: February 2022

In this February 2022 Nonprofit Connection newsletter, our CPAs provide updates and coverage of the following topics: Best Practices When
endowment fund

Quasi Endowment Fund vs. Endowment Fund

If you regularly donate large sums of money, but continue to see an unmet social need that you wish to
Nonprofit Connection November

Nonprofit Connection Newsletter: November 2021

In this June 2021 Nonprofit Connection newsletter, our CPAs provide updates and coverage of the following topics: Best Practices When
What Form 990 to File

What Form 990 to File?

The majority of tax-exempt organizations are required to file an annual return called a Form 990. Four different Form 990s
Grant Management

Key Consideration of Grant Management

Over the past year and a half, non-profit organizations have faced significant challenges due to the worldwide COVID pandemic. Organizations
Board Member Financial

The Board Member Role and Financial Responsibilities

A board of directors or trustees is the source of governance and accountability for any nonprofit organization. Board members provide