DOL Final Rule on Paid Sick Leave for Employees of Federal Contractors

The DOL Final Rule on sick leave for federal contracts will NOT apply to most nonprofits because grants and cooperative agreements are not covered. However, as the Rule does apply to subcontracts, nonprofits should review their sources of federal funding to ensure that they are not covered.

For the First Time in 20 Years New FASB Standards Adopted

September 1st, 2016

On August 18, 2016, the Financial Accounting Standards Board (FASB) issued a new Update intended to simplify and improve how a nonprofit classifies its assets, investments, expenses, resources and cash flows. You may know FASB from your accountant or auditor – these are the standards that dictate accounting practices and therefore the way your organization tracks its financial position.

The Semifinalists for the 2016 New York Community Trust Nonprofit Excellence Awards are…

August 4th, 2016

Release Date: August 2, 2016
Press Releases | NPCC

The New York Community Trust Nonprofit Excellence Awards Program, in its 10th year, announced the nonprofit organizations in New York City and Westchester that have been chosen as semifinalists for $60,000 in prizes and prestigious scholarships.

2016 New York Community Trust Nonprofit Excellence Awards

The 2016 New York Community Trust Nonprofit Excellence Awards are underway in partnership with The Trust and Philanthropy New York, sponsored by WNYC, and supported by The Clark Foundation and RSM US.

The Awards provide applicants with an in-depth review of their management practices in Eight Key Areas of Nonprofit Excellence that are nationally-recognized.

CRE Announces 2016 CRE Rising Fund Awardees

July 5th, 2016

Community Resource Exchange (CRE) announced the five nonprofit awardees of the CRE Rising Fund, a pro bono consulting initiative now in its second year. The awardees cover a broad range of impact areas, from services for Muslim women and children and the LGBQT community, to entrepreneurship and emerging technology education programs.

“Diverse Board: Moving Beyond Rhetoric” Panel – Recap

June 28th, 2016

On Tuesday June 21, NPCC and Philanthropy New York held a joint panel on “Diverse Boards: Moving Beyond Rhetoric.” This panel delved deeper into the diversity and inclusion conversation that was featured during NPCC’s Annual Meeting this past March.

Recapping #Path2Excel: Excellence in Governance

Ann Marie Thigpen - Director of Center for Nonprofit Leadership at Adelphi University and former member of the Nonprofit Excellence Awards Selection Committee

In conversation about boards, we inevitably gravitate towards the “F” words – finance and fundraising, but an effective board’s role and responsibilities go far beyond a fiduciary one.

Nonprofits Could Soon Be Exempt from Donor Disclosure

June 17th, 2016

The House on Tuesday passed a bill that would bar the Internal Revenue Service from forcing tax-exempt nonprofit organizations to disclose the identities of their contributors to the IRS.
Source: House Passes Bill to Exempt Nonprofits From IRS Disclosure Rules - Morning Consult

Introduced in April by Rep.

Form 990 Data will be on Amazon. Yes, Amazon.

June 16th, 2016

Source article: Amazon Web Services

Machine-readable data from certain electronic 990 forms filed with the IRS from 2011 to present are available for anyone to use via Amazon S3.

Form 990 is the form used by the United States Internal Revenue Service to gather financial information about nonprofit organizations.

Reflections on Pathways to Excellence Workshop: Excellence in Managing for Results

By Laurel Molloy, Innovations Quantified, Awards Selection Committee Member

Nonprofits often think the key to successful outcome measurement is hiring someone whose sole responsibility is data management. But during NPCC’s recent Pathways to Excellence panel on “Excellence in Managing for Results,” a somewhat different perspective emerged.