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Recent developments from the U.S. Supreme Court have significant implications for nonprofit organizations that rely on federal funding. A series of legal battles over the executive branch’s ability to halt federal disbursements have created uncertainty, affecting organizations with government grants and contracts.

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The National Institutes of Health (NIH) has announced a major policy change that will significantly impact universities, research institutions, and nonprofits receiving federal research funding (Research Institutions ).

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GASB 104, Disclosure of Certain Capital Assets

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In September 2024, the Governmental Accounting Standards Board (GASB) issued GASB Statement No. 104, Disclosure of Certain Capital Assets (GASB 104 or Statement). The requirements of GASB 104 are effective for fiscal years beginning after June 15, 2025.

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The Crucial Role of Cybersecurity for Nonprofit Organizations in 2025

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As we step into 2025, the importance of cybersecurity for nonprofit organizations cannot be overstated. The digital landscape is fraught with evolving threats that pose significant risks to the operations, reputation and financial stability of nonprofits.

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