Category: Tax

Compliance Best Practices for Reporting Fundraising Events on the Form 990

By: Katelyn Miller, CPA | Nonprofit Tax Manager Both exempt organizations and readers of the Form 990 often question the presentation of fundraising events on the return. Because the Form 990 presents revenue and expenses in a unique way on Schedule G, Part II, it is common to report a net loss from such events. Fundraising events…

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The Role of the Form 990: Developing a Strategy for Managing Your Charity’s Rating

Just like in business, competition in the nonprofit sector is evolving each year. These days, individuals are continuously solicited over social media to volunteer and support various charities. Would-be donors are encouraged by the media and watchdog groups to be more conscious about how the money they give is ultimately used. Charity Navigator, Great Nonprofits…

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