HRSA is the largest funding source for most federally qualified heath centers and rural health centers. Since COVID funding has substantially increased the reporting requirements

The operating reserve is cash to be used in the organization. It is part of an overall cash flow plan. Reserves can be for a

Audits are expensive. They are the highest level of assurance; therefore, require the most work. The fee quoted will depend on several factors: How many

If you are a nonprofit organization in North Carolina you may be required to prepare a statement of functional expenses. The statement of functional expenses

Contributions can be made to a nonprofit in either cash or property. Non-cash contributions can be tangible or intangible. Tangible property could be vehicle donations,

Volunteers are an integral part of many nonprofit organizations. Some organizations depend on their very survival by incorporating volunteers. Since volunteers are non-paid staff, does

All nonprofit organizations that expend $750,000 and more are required to have a single audit under the Uniform Guidance One of the required statements included

A subrecipient is an organization that receives federal awards from a pass-through entity rather than directly from the federal grantor to carry out a program.

Accounting for grant revenue is vital for the nonprofit organization. Careful attention to detail must be provided throughout the life of the grant. In addition

All nonprofit organizations, even the smallest of nonprofits, benefit from having a well-defined year end closing process. The first step is to determine the procedures