YHB News

Feb

Mastering the Statement of Functional Expenses: Overcoming Common Challenges

The Statement of Functional Expenses (SFE) is a cornerstone of not-for-profit accounting, providing transparency and accountability to donors, stakeholders, and regulatory bodies. However, many organizations face challenges when preparing this…

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7 common M&A due diligence pitfalls

Beyond Boomers: How to engage younger…

Financial relief for families: The benefits…

Consider these 2 issues before searching for new staffers

January 8, 2024

Despite many predictions to the contrary, U.S. employers have continued to add workers to their payrolls and the unemployment rate has remained low — at 3.7% as of November 2023, according to…

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Help donors help your not-for-profit with a planned gift

November 28, 2023

Most established not-for-profits are already equipped to solicit and accept planned gifts. But if your not-for-profit is new to planned giving and doesn’t yet understand the long-term advantages of deferred gifts,…

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How to get the financing your not-for-profit needs

November 16, 2023

Relatively high interest rates and tight lending standards are making it difficult for even for-profit businesses to apply and qualify for bank loans. But not-for-profits, which may lack adequate collateral…

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Why your nonprofit’s board needs to be diverse

November 1, 2023

Ideally, a not-for-profit’s board of directors should mirror that of its community and clientele. Does yours? Identifying that your board needs more diversity is the easy part, though. Figuring out…

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10 Not-for-Profit Accounting and Bookkeeping Best Practices

October 9, 2023

Not-for-profit organizations play a crucial role in addressing various social and community needs. To effectively fulfill their missions, not-for-profits must maintain accurate financial records and practice sound accounting and bookkeeping.…

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