Glen Swanson, CPA and TDT Assurance Manger, will discuss the differences between sponsorships and advertisements and how they impact income tax. Glen specializes in audits of nonprofit organizations, family-owned businesses, and employee benefit plans and has more than 10 years of experience in public accounting. Event programs are a great way for nonprofits to share [...]
Amanda Lane, CPA, provides this week's session of Performance Measurement video series on the topic of Donation Dollar Growth
TD&T Assurance Manager, Glen Swanson, CPA provides the first in our Performance Measurement Video Series. This week's episode is on the metric: Funds Available for Temporarily Restricted Net Assets.
Where to start? It’s true, all organizations, no matter the type, have one thing in common: they must manage their sources of revenue to survive. With government cut-backs and tax reform, it’s important to understand what steps can be taken to continue to seek out new sources and manage the sources you have. Without revenue, [...]
The recently approved tax reform has many implications for American taxpayers, including those who are charitably inclined. Previous tax law provided a deduction to those who donated to charity while also being able to itemize his or her deductions. Although the overhaul to the tax law did not directly change the deduction for donating to [...]
“Measure what is measurable and make measurable what is not so.” Galileo “If you can’t measure it, you can’t improve it.” Peter Envision the management team of a local nonprofit sitting down for their monthly meeting. The conversation goes something like this: Executive Director – “How did we do this month? What are the [...]
Amanda Lane, Tax Manager at TD&T CPAs and Advisors, P.C., provides an overview of using your Form 990 as a marketing tool. Amanda serves social service organizations, colleges and universities, membership organizations and many others throughout Iowa. It’s Just a Tax Return, Right? The short answer is no. As an informational return, the Form [...]
Fundraising plays an essential role in helping nonprofit organizations secure the money they need to fulfill their missions. Creating a budget for fundraising can help an organization utilize available resources most effectively. Determining How Much Is Needed A first step in the budgeting process is calculating the amount of additional capital needed. Subtracting expected income [...]