Mental Health Awareness Month is designed to fight stigma, provide support, educate the public, and advocate for policies that support people with mental illness – and their families. With so many non-profits focused on supporting and providing services to those living with mental illness, we wanted to know what their
A critical update from the Department of Health and Human Services (HHS) provides new reporting requirement clarifications for non-profits that received Provider Relief Funding (PRF) under the CARES Act. And entities with fiscal year-ends (FYE) on or after June 30, 2021, will feel the impact first. FYI on FYE The
The coronavirus has created unprecedented educational disruptions across the country – schools shifting online, closing, reopening for in-person classes, and then going back to an online format as the pandemic surges and recedes. Schools have also had to reconfigure classrooms and common spaces and reduce capacity to enable social distancing,
Along with many other personal and professional disruptions this year, COVID-19 is impacting the regulatory environment for organizations with funding covered by the Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly called “Uniform Guidance”), and potentially subject to a single
Steps to Help Not-for-Profits Scrutinize their Revenues for Impact from Recent Accounting Standards The time has come for many not-for-profits to incorporate ASC 606 Revenue from Contracts with Customers in their GAAP financial statements. This overhaul to the model of recognizing revenue with customers has left many questioning what funding
Recently, Barnes Dennig and Hauser revealed the results of the 2019 Non-Profit Compensation Benefits and Benchmarking Study. For this 7th edition of the study, a record high 117 organizations participated with over 50% of those organizations being in the social or human services sectors. In addition to revealing feedback