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Mission Minded Nonprofits

Revenue Recognition of Grants and Contracts by Not-for-Profit Entities

Posted on July 26, 2017

The Financial Accounting and Standards Board (FASB) has taken on a new project “to improve and clarify existing guidance on revenue…

Should You Have a Statement of Functional Expenses?

Posted on July 12, 2017

All nonprofit organizations are required to report information about expenses by their functional classification on their financial…

State Solicitation Registration

Posted on June 28, 2017

Nonprofits are required to register in states where they solicit contributions, but what does that exactly mean?  Which states are…

Management and General Expenses

Posted on June 14, 2017

Both generally accepted accounting principles and IRS Form 990 require nonprofit organizations to report information about expenses…

Raffle Prizes Reporting

Posted on May 31, 2017

Many nonprofit organizations hold raffles to raise additional funds. If your organization is planning on holding a raffle, make…

Nonprofits Can Make a Profit

Posted on May 17, 2017

A common misconception of nonprofit organizations is that these organizations cannot make a profit.  That is not true. According…

Do Your Leaders Have MOXIE?

Posted on May 03, 2017

Do your leaders have MOXIE?  Author and speaker, John Baldoni, spoke at this year’s Foellinger Foundation Ernest E. Williams…

Misappropriation of Assets

Posted on April 19, 2017

Internal fraud can be divided into two separate categories – fraudulent financial reporting and asset…

Fraudulent Financial Reporting

Posted on April 05, 2017

Internal frauds can be divided into two separate categories – fraudulent financial reporting and asset…

The Fraud Triangle

Posted on March 22, 2017

In order to understand how to prevent and deter fraud from happening in your organization, first you must understand the elements…

Disclaimer: The information contained in Dulin, Ward & DeWald’s blog is provided for general educational purposes only and should not be construed as financial or legal advice on any subject matter. Before taking any action based on this information, we strongly encourage you to consult competent legal, accounting or other professional advice about your specific situation. Questions on blog posts may be submitted to your DWD representative.

"Carrie does an excellent job every year presenting the audit to the Board of Directors.  She clearly communicates relevant information and action items we can take as a Board.  Through her…"

Heather Schoegler, Board Member of Ronald McDonald House