Form 990

Charity Navigator Announces Methodology Update, Enhances Nonprofit Evaluations

Retrieved on: 
Thursday, September 21, 2023
Form 990, Organic, IRS, Accountability, Methodology, Charity Navigator, Genome, British Accounting & Finance Association, Organization, Community, Charity, Encompass, Culture, Management, Risk management

NEW YORK, Sept. 21, 2023 /PRNewswire/ -- Charity Navigator , the nation's largest and most influential nonprofit evaluator, announced today its Fall Ratings Methodology Update that will give donors a more holistic and nuanced view of nonprofit effectiveness.

Key Points: 
  • NEW YORK, Sept. 21, 2023 /PRNewswire/ -- Charity Navigator , the nation's largest and most influential nonprofit evaluator, announced today its Fall Ratings Methodology Update that will give donors a more holistic and nuanced view of nonprofit effectiveness.
  • Charity Navigator analyzes nonprofit performance based on four key indicators—Accountability & Finance, Impact & Results, Culture & Community, and Leadership & Adaptability— referred to as beacons.
  • Based on a survey among Charity Navigator donors, 80% would rather donate to a four-star charity with all four beacons compared to one beacon.
  • The Fall Methodology Update is the latest of Charity Navigator's enhancements to its Encompass Rating System to make nonprofit evaluations more comprehensive and impact-focused.

How Nonprofits Should Account for the Employee Retention Credit

Retrieved on: 
Friday, February 10, 2023
Bank statement, Record, Internal Revenue Service, Insurance, NPO, PPP, IRS, NPO 3, Form 990, CCG, Forgiveness, ASC, RSM, Average revenue per user, Travel, Documentation, Executive officer, CPA, KPMG, Risk, Reading, Alvarez and Marsal, ERC, Big, Calendar, Book, COVID-19, W-2, Nursing, Audit, Construction

FORT LAUDERDALE, Fla., Feb. 9, 2023 /PRNewswire/ -- Since the Employee Retention Credit (ERC) was enacted in March 2020, the guidance available for taxpayers has been limited, and for nonprofits, even more so. 

Key Points: 
  • A nonprofit organization ("NPO") may recognize Employee Retention Credit (ERC) in the year the NPO claims the ERC, provided the barriers of entitlement tests (discussed below) are met.
  • FORT LAUDERDALE, Fla., Feb. 9, 2023 /PRNewswire/ -- Since the Employee Retention Credit (ERC) was enacted in March 2020, the guidance available for taxpayers has been limited, and for nonprofits, even more so.
  • Maxwell Burns, CPA, Managing Director at EZ-ERC, outlines how nonprofits should account for the ERC to avoid audit risk.
  • Although ERC-specific guidance for nonprofits is lacking, ASC Topic 958-605 dates back to 2018 and provides general guidance on how nonprofits should account for contributions (i.e., grants, credits, etc.)

Teamsters Local 727: Chicago Zoological Society Continues to Undervalue its Workforce in the Wake of a Potential Unfair Labor Practice Strike Authorization Vote

Retrieved on: 
Monday, June 6, 2022
Woman, Company, International Brotherhood of Teamsters, Zoo, Collective bargaining, Man, Brookfield Zoo, ULP, CSZ, PPP, Juneteenth, Pamphlet, Multimedia, Human resources, CZS, 727, Teamsters Local 1932, National Labor Relations Board, COVID-19, John F. Ring, IRS, NFL Collective Bargaining Agreement, Mechanics, Form 990, Property management, Union

During the COVID-19 pandemic, these hardworking front-line Teamsters workers willingly and selflessly took a pay freeze to their hourly rates.

Key Points: 
  • During the COVID-19 pandemic, these hardworking front-line Teamsters workers willingly and selflessly took a pay freeze to their hourly rates.
  • After months of negotiations, the Chicago Zoological Society which manages the Brookfield Zoo (the Zoo) has continued to offer substandard wage increases with some groups receiving higher increases than others.
  • With the current extension agreement set to expire June 15th and only one scheduled day of negotiations left, the Chicago Zoological Society may be just weeks away from an unfair labor practice (ULP) strike.
  • An Unfair Labor Practice Charge is currently pending with Region 13 of the National Labor Relations Board.

CLA 990 ExchangeSM Simplifies Nonprofit Information Return Process

Retrieved on: 
Wednesday, June 24, 2020
Form 990, Nonprofit organization, Articles

CLA 990 ExchangeSM is an easy-to-use web-based tool that allows nonprofits to enter information and upload documents needed for Form 990 preparation.

Key Points: 
  • CLA 990 ExchangeSM is an easy-to-use web-based tool that allows nonprofits to enter information and upload documents needed for Form 990 preparation.
  • Nonprofits, health care organizations, credit unions, higher education organizations, charter schools, and other similar organizations must file a Form 990.
  • Were moving to an online collaborative approach with CLA 990 Exchange, said John Tauer, managing principal of CLAs nonprofit team.
  • Using the technology, CLA professionals can also pull information from the prior years Form 990 to prepopulate sections of CLA 990 Exchange.

Company Profile for EZ Route 990

Retrieved on: 
Thursday, March 28, 2019
Philanthropy, Professional services, Accounting, Foundation, Organizations, Nonprofit organization, Social economy, Certified Public Accountant, Economy, Articles, Taxation in the United States, Internal Revenue Service, Charity law, Aplos Software, Form 990

EZ Route 990 was created to support the nonprofit sector.

Key Points: 
  • EZ Route 990 was created to support the nonprofit sector.
  • With a national reach, we focus on the nonprofit communitys need for tax return preparation.
  • EZ Route 990 is committed to strengthening the nonprofit sector by protecting an organizations tax-exempt status and reputation.
  • EZ Route 990 was conceived and created by a team of three CPAs with over 80 years of combined expertise in tax return preparation.