How do you help a Community Youth Network with a massive burden managing budgets, funding, and compliance that was taking away from their real mission: to help transform lives in their community? That’s the challenge EAB Solutions faced when helping the Community Youth Network.
How do you help a local art center with tumbling enrollments and a severe lack of cash flow? That’s the challenge we faced when helping The Arts Center of Highland Park
Many nonprofits believe that the standard only effects for profit entities; however, the new standards may significantly impact how you account for your grants, memberships, and contributions!
Illinois now joins 18 other states with similar laws, including New York, Massachusetts, California, Washington, and Alabama.
Nonprofits recently underwent comprehensive changes to financial reporting with FASB’s Accounting Standards Update 2016-14.
Private funding is often more difficult for organizations to discover on their own, but worth taking the time and effort to seek out.
Finding funding for your organization is one of the biggest challenge’s nonprofits face. Knowing where to look for funding and how to find grant opportunities is a skill you will need to master or at a minimum have a trusted advisor to guide you.
Paid sick leave laws are slowly becoming commonplace among states and local municipalities across the United States. Cook County and the City of Chicago implemented sick leave laws in 2017 requiring employers and nonprofits to provide employees with a minimum amount of paid time off either as sick leave or within a PTO policy.