As your organization heads into the new year, it is a good time to review or create a calendar of filing deadlines. Taking the time to look ahead and assign reports to staff will ensure your organization stays compliant with federal, state, local, and grantor reporting requirements.
As a founding owner of DZA, Luke Zarecor’s path to ownership was shaped by a natural passion for business combined with a deep desire to make an impact in the healthcare industry. He now leads DZA with purpose and vision, having accomplished a dream that was years in the making.
At its most basic level, the schedule of expenditures of federal awards, commonly referred to as the SEFA, is a supplemental schedule to the audited financial statements required when an organization meets the threshold for a single audit under 2 CFR Part 200 Subpart F. However, the SEFA, if designed and used properly, can be a useful tool to track and manage expenditures for all grants in an organization.
Your nonprofit is allowed to appoint some nonindependent board members. But the majority should meet the IRS’s four-part definition of “independent.” Otherwise, your governance may be scrutinized.
Your nonprofit is allowed to appoint some nonindependent board members. But the majority should meet the IRS’s four-part definition of “independent.” Otherwise, your governance may be scrutinized.
Your nonprofit is allowed to appoint some nonindependent board members. But the majority should meet the IRS’s four-part definition of “independent.” Otherwise, your governance may be scrutinized.
Your nonprofit is allowed to appoint some nonindependent board members. But the majority should meet the IRS’s four-part definition of “independent.” Otherwise, your governance may be scrutinized.
Your nonprofit is allowed to appoint some nonindependent board members. But the majority should meet the IRS’s four-part definition of “independent.” Otherwise, your governance may be scrutinized.
Your nonprofit is allowed to appoint some nonindependent board members. But the majority should meet the IRS’s four-part definition of “independent.” Otherwise, your governance may be scrutinized.
Materiality is the concept that tells you what’s important enough to include (and exclude) from your financial statements
