Nonprofit Standard Newsletter
The nonprofit sector is vibrant and diverse, characterized by a commitment to service and impact. Leaders in the sector work to develop a deep understanding of the unique challenges, compliance requirements and opportunities that come with managing an organization focused on mission.
BDO’s Institute for Nonprofit Excellence recognizes and serves the distinct needs of nonprofit organizations of all kinds. Whether you're a health and human services organization, an educational institution, a grantmaker, or a global nongovernmental organization, BDO’s contributors to the quarterly Nonprofit Standard newsletter share their insights to guide you along the path to achieving your mission and amplifying your impact.
Crafted with a blend of editorial insight and sector-specific experience, the Nonprofit Standard quarterly newsletter delivers pertinent and actionable information to keep dedicated nonprofit leaders like you informed about the latest trends and best practices that are influencing the nonprofit world. Scroll down to see our latest insights, and, if you’re not yet a subscriber, sign up below!
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Winter 2025 Issue
In the Winter edition of the Quarterly Nonprofit Standard newsletter, you'll find insights addressing the pressing challenges and opportunities facing nonprofit and higher education institutions. From the need to enhance research security and manage operational changes to the integration of AI and adaptation to technological disruptions, this edition offers valuable support for leaders looking to align organizational missions with the demands of an evolving landscape. As you explore these topics, you'll note common themes of effective leadership, strategic foresight, and stakeholder engagement, all essential for fostering resilience and growth. The insights shared below are informed by our service to the sector and data from our annual Nonprofit Standards Benchmarking Survey. We hope you will review the latest reports here.
Upcoming Webcasts
Demystify Webcast Series: Demystify Microsoft AI, Part 2
Discover how Microsoft is leveraging its extensive cloud infrastructure and advanced AI capabilities to empower organizations, with a special emphasis on non-profits driving meaningful business outcomes.
View all upcoming webcasts and webcast recordings by visiting The Informed Nonprofit Webcast Series
Fall 2024 Issue
The Fall 2024 Nonprofit Standard Newsletter offers nonprofit leaders essential insights into current and emerging issues that could significantly impact their operations.
This edition covers the 2024 Revised Uniform Guidance, effective October 1, 2024, which introduces significant changes to federal financial assistance management, urging nonprofits to review these revisions for compliance. It also highlights the OMB's 2024 Compliance Supplement, crucial for nonprofits with federal funding, guiding them in understanding compliance requirements and preparing for audits. The newsletter emphasizes the importance of avoiding political campaign intervention for Section 501(c)(3) organizations to maintain tax-exempt status, detailing permissible activities like nonpartisan voter education. It explores the evolving role of the nonprofit CFO, now integral to strategic decision-making and cross-functional collaboration, enhancing financial health and mission success. Additionally, it addresses the correct classification of volunteers as unpaid employees or independent contractors to avoid tax liabilities and penalties, following IRS and DOL guidelines. Lastly, it discusses GASB Statement No. 103, effective for fiscal years starting after June 15, 2025, which aims to improve the financial reporting model for state and local governments, enhancing clarity and consistency in financial communication.
We invite you to explore each article below to gain deeper insights into these critical topics.