Best practices suggest that management and the Board of Directors regularly assess the financial performance of a nonprofit to understand its strength, areas of improvement and steps towards goals.
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Assessing Your Nonprofit's Performance

Many are surprised to learn that evaluating financial and operational performance doesn’t require a complex study but can be accomplished through some simple financial ratios. These are quick tests which can be performed using information in the financial statement. Click here for a summary of key ratios for nonprofits.

Nonprofit Perspectives Event Series

Our 12th annual Perspectives event will be held as a series of seminars throughout 2018. Each session will focus on a specific topic affecting nonprofit organizations. Save the date - May 17, 2018 - for our first session highlighting tax updates. Details and invitation to follow.

Tax Cuts And Jobs Act Creates Employer Credit For
Paid Family And Medical Leave

Certain employers that pay family and medical leave to their employees may be eligible to claim a Family and Medical Leave Credit equal to 12.5 percent (or more) of the amount of wages paid to those employees during any period in which such employees are on family and medical leave.

Identifying The Contract

The new revenue accounting standard (ASC 606, Revenue from Contracts with Customers), developed a five-step model for recognizing revenue that will now be applied throughout GAAP, replacing multiple different criteria, thus achieving one of the goals of the new standard; consistency.

About GBQ's Nonprofit Practice

GBQ has built a special reputation for service to the nonprofit sector of the
central Ohio community.

We are proud to serve some of the area's most recognized organizations as they strive toward their mission of community support and development. 

Click here to learn more.

Past Editions

Have you missed a past edition of our Nonprofit Perspectives newsletter? Click
here to view past issues

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