Why Your Nonprofit Needs a Mobile Site

It should be no surprise that the use of cell phones has increased. While it has been the source of a lot of talk over the years, it appears we’re finally at a tipping point. Emarketer created a chart to show the shift in search volume in the U.S. since 2011. Their results concluded that …

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Accounting for Joint Activities

Determining whether an organization conducts joint activities and properly accounts for these activities can be challenging at times, as it can be subjective depending on the fundraising activity. In our experience, we have encountered not-for-profit organizations with joint activities that could partially be divided into separate expense categories. Not-for-profits have three categories to allocate expenses …

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Annual Giving USA Report Released

The Giving USA Foundation (a public service initiative of The Giving Institute) has released their annual Giving USA Report on Philanthropy in collaboration with The Indiana University Lilly Family School of Philanthropy. The Giving USA report compiles and analyzes data on charitable giving in the U.S in order to identify trends that can be useful …

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What Percent of My Donation Goes to the Cause of the Organization?

I can’t count the number of times friends and family have asked me what percent of their donation goes towards the cause or programs of a charitable organization. There’s a common argument that the amount of expenses listed in the program column of the Statement of Functional Expenses on the Form 990 is the percent …

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Developing Diverse Funding Sources

To acquire a diverse set of funding sources, a nonprofit organization first has to be sure that the community has a positive impression of the organization and mission. Recently, I came across a publication issued by the Horatio Alger Association called, “Ten Traits That Make Nonprofits Great”. After reading through this infographic, I believe that …

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Complimentary Not-For-Profit CPE Offered by Henry & Horne

Did you know Henry & Horne offers complimentary continuing professional education (CPE) credits to our not-for-profit clients and friends!? To top it off, you also get a free lunch or breakfast! Each month, one of our professionals presents various topics that are related to your not-for-profit organizations. We call it “The Learning Series,” and sessions …

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Use Your 990 as a Marketing Tool

Once April 15th comes and goes, most Americans no longer are thinking about tax returns. If you’re involved in a not-for-profit, however, you may still be working on getting your informative return done and e-filed. It’s human nature, especially when you’re busy, to only report what you have to on your 990. However, your 990 …

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Cancer Charity Fraud Part I

Last Saturday while browsing the internet at a coffee shop, I came across any donor’s worst nightmare. According to the Federal Trade Commission (FTC), over the past eight years The Cancer Fund of America, The Cancer Support Services Inc., The Children’s Cancer Fund of America, Inc., and The Breast Cancer Society spent $187 million dollars …

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IRS filing calendar for raffles

When it comes to IRS filing requirements relating to charities holding raffles, there are many steps to remember and they can be difficult to keep straight! Getting stuck trying to meet the filing requirements after the deadlines can result in late fees and a strained relationship with the winner of the raffle. Colette Kamps, CPA