Accounting Help

http://www.flickr.com/photos/smemon/Are you looking for help with your organization’s accounting? Have questions about your form 990 or funder reports? Is your board having trouble understanding the organizations finances? We can help! Please click here for more information about the financial services we provide. Services can be provided remotely or in your office, we customize our services to fit our clients needs. For more accounting news and information, please scroll down to the next post and enjoy the rest of the site.

End of 2012

aztecHappy Holidays everybody! Two quick updates for the close of 2012 and kicking off 2013:

End of Year Donations

This comes up every year, when do you record a donation received in 2013 but dated 2012, and your fiscal year closes on December 31st? Click here for a post about that issue.

2013 IRS Mileage Rates

The IRS has updated them as follows:

Beginning on Jan. 1, 2013, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

  • 56.5 cents per mile for business miles driven.
  • 24 cents per mile driven for medical or moving purposes.
  • 14 cents per mile driven in service of charitable organizations.

The rate for business miles driven during 2013 increases 1 cent from the 2012 rate. The medical and moving rate is also up 1 cent per mile from the 2012 rate.

Click here for the full article.

 

Nonprofit News and Updates

This is a great way to start of a blog post, and awesome Infographic from “America’s Nonprofit Sector: A Primer” from the Foundation Center. Please click on the image to enlarge.

Elections and Nonprofits

Many elections this year around the country have issues that will directly affect nonprofit organizations. The National Council of Nonprofits has a nice rundown here of more than 140, check it out to see what is happening in your state.

Washington Nonprofits will be having upcoming events around elections and what nonprofits can do, click through to see all that they are doing this election season.

Nonprofit HR

Do you know about Seattle’s new paid sick/safe leave ordinance that takes effect September 1? Washington Employers has good information on the program and, if you are affected by this, what to do.

Finance and Regulations

The Nonprofit Times has a good piece via their Exempt e-newsletter about new and proposed state regulations will make things harder for some nonprofits. It’s good to know what is happening in other states so you can have a ready response in case legislation like these come to yours.

Two articles from the Chronicle of Philanthropy detail the pitfalls in spending, fundraising and especially outsourced fundraising. The articles feature two veterans charities – why do these types of organizations seem so ripe for potential scams – and one animal related group, but there are lots of similarities, red flags and warnings in them for both donors and nonprofits. The first is here, the second is here.

This may be the most interesting piece, to me at least, that came out recently. The American Institute of Certified Public Accountants has released a draft of a proposed not-for-profit guide. It is primarily designed for CPAs performing work for not-for-profits, but it offers insight to all as to what issues the field thinks is important. I’ll be looking them over and probably letting them know my two cents in the comment period.

Management and Money

Both of these articles from the Nonprofit Quarterly stood out to me recently. Is managing a complex organization a game? This article makes the case that it is not. And do you know what the right mix of resources is for your organization? If so have you achieved that mix of income? This article is helpful for identifying so areas of thought you might not have considered before.

In Closing

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