A Different Type of Bean Counter

We try to give clear directions regarding what the rules are for tax exempt organizations regarding advocacy, lobbying, and campaigning in this episode. Take a listen to make sure you are on the right side of the rules.

In this episode, we talk about Schedule A of the Form 990. Most nonprofit organizations view this schedule as an afterthought. The IRS sees this schedule as the primary identifier of a public charity status. This shows the gap in understanding and use of the Schedule A. We quickly attempt to discuss ways to identify and see the story being told on Schedule A to the IRS.

Omar Elhagmusa, Senior Lending Officer at IFF, and I discuss some of the social constructs that impact nonprofit's financially. Omar then uses his resources through IFF to demonstrate how the social constructs can be overcome.

Listen into Part 2 of my discussion with Beth Short, Outreach and Education Ohio Attorney General Charitable Law Section.  In Part 1, Beth gives us the history of the Attorney General responsibility to donors in the State of Ohio.  In addition, we spend time discussing the free resources available to Nonprofit Organizations through the Attorney General's office.

Listen into Part 1 of my discussion with Beth Short, Outreach and Education Ohio Attorney General Charitable Law Section.  In Part 1, Beth gives us the history of the Attorney General responsibility to donors in the State of Ohio.  In addition, we spend time discussing the free resources available to Nonprofit Organizations through the Attorney General's office.

Listen into my conversation with Justin Showers, Chief Marketing Officer, and Tina Fisher, CEO, of Givevia.  Givevia is a no cost shopping platform that creates the opportunity for Nonprofit Organizations and supporters to connect remotely.  At Wells, CPA we believe that platforms like this will become necessary in the future to sustain the individual donor base of Nonprofit Organization...

William Poindexter III, Principal Financial Group, and I discuss some of the hidden values that a financial advisor can bring to a Nonprofit Organization.  I did not consider that there are some administrative functions that a financial advisor could fill in an Organization.  In addition, these are individuals that understand environmental risks well.  Nonprofit Organizations may wa...

Tarra Nystrom, SMART Money Grant Writing, and I explore the science behind donors giving.  Tarra provides some valuable information about what you may want to know about your donors.  Also, she provides great examples of how to be prepared for the next crisis that will impact fundraising.

As we learn a new normal and how to conduct ourselves during the Coronavirus, I want to encourage you to use this time well.

Jackie Doodley, Director of Development and Donor Relations, discusses the PEER Center and how a recovery club meets the needs of people recovering from mental health illness, addiction and trauma. Then I spend just a few minutes trying to clarify information regarding the tax filing and payment due dates for the tax year ended 2019.

Dean Pulliam, Director of Nonprofit and Charity Accreditation at BBB and I discuss the resources that BBB can provide to Nonprofit Organizations at various stages of development. Then I jump into the revenue recognition rules once again. It is complicated but we cannot run from the rules any longer.

I was able to sit down with Sam Queeno, Director of Physical Security at AEP, and possibly the most engaged Board Member I know. Sam and I talk about what it means to be engaged as a Board Member and the PEO fundraising model. Then I get technical and talk about where to look for guidance when starting a nonprofit and what you should consider as you put the nonprofit structure in place.

I am blessed that Rye D'Orazio, Area Director of Fellowship of Christian Athletes, stopped by to share about the ministry.  I know you will be surprised to hear some of the areas that FCA is touching around you every day.  Then I have decided to give my opinion on if nonprofits should have financial statement audits.  Not everyone will agree with me but I am trying to balance fiscal...

On this episode we discuss why we are going to be podcasting. We also offer an update on the Parking Tax issue. Finally, we promote a great event in late January for Nonprofit Organizations.