Hm.cpa

Is Your Nonprofit Organization a Voluntary Health and Welfare

WEBWhat is a voluntary health and welfare organization? Voluntary health and welfare organizations (VHWO’s) are those not-for-profit organizations that derive their …

Actived: 3 days ago

URL: https://hm.cpa/voluntary-health-welfare-organization/

Elevate Yourself Through Mindfulness

WEBThe content of these pages is for general information purposes only and does not constitute advice. Heinfeld, Meech & Co., P.C. tries to provide content that is …

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Stress Management – Burnout Prevention and Treatment

WEBResilience. After giving ourselves time to heal, we want to focus on prevention of future burnout by building resilience through taking care of your physical …

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HM Gives Back to Our Community

WEBEstablished in Phoenix in 1967, St. Mary’s Food Bank was our nation’s first food bank. It is a community-based organization with a mission “to alleviate hunger …

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GASB Statement No. 75 – What Basics Do I Need To Know

WEBAs previously mentioned, GASB Statement No. 75 is very similar to that of GASB Statement No. 68, which was related to pensions. The requirements for the …

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Managing Stress in the Workplace

WEBManaging Stress in the Workplace by Travis Gatlin, Staff Associate II. Posted on August 8, 2023. We have all been there – too much to do, not nearly enough time to …

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Spotlight on Monitoring the Financial Health of Your Organization

WEBThe content of these pages is for general information purposes only and does not constitute advice. Heinfeld, Meech & Co., P.C. tries to provide content that is true and accurate as …

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Important Guidance on the State and Local Fiscal Recovery Funds …

WEBImportant Guidance on the State and Local Fiscal Recovery Funds Program by James Shankland, CPA, Audit Manager. Posted on May 10, 2022. One thing we can …

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Volunteer Incentives or Compensation

WEBVolunteer Gifts or Incentives. It is normal and acceptable to consider presenting volunteers with thank you gifts. Generally these are what would be …

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Spotlight on Monitoring the Financial Health of Your Organization

WEBSpotlight on Monitoring the Financial Health of Your Organization – Part 1 : Statement of Financial Position by Sara Kirk, Audit Manager. Posted on October 17, 2014

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Are Your Financials Transparent

WEBDo you report out your revenues and expenditures each year to your governing body? Do you post your budgets to your website annually? Do you provide …

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Using the “Green Book” to Set a System of Internal Controls

WEBThese controls are set up with five major components, composed of 17 detailed principles which form the basis for development of internal controls. The major …

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Form 990: Employee Compensation Disclosure

WEBThe nonprofit’s highest compensated employees are those other than the officers, directors, trustees or key employees listed above that received more than …

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Getting Comfortable with E-Rate Financial Reporting

WEBThe E-rate program has a four step application process. The first step is to fill out Form 470 which lets USAC know which E-rate services you are requesting. …

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Useful Ratios for Liquidity Analysis for Nonprofits

WEBBelow are a few liquidity ratios and corresponding benchmarks that can be utilized by a nonprofit organization. Current Ratio – Current Assets/Current Liabilities: …

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Changes to the 1099 Form for 2020

WEBChanges to the 1099 Form for 2020 by Karin M. Smith, MBA, SFO, CFE, Consulting Partner. Posted on November 18, 2020. I think we can all agree we are …

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Capital Assets under the Capitalization Threshold

WEBThe common understanding under Government Accounting Standards Board (GASB) Statement 34 was that capital items under the capitalization threshold, typically …

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Calendar Year End Reminders

WEBCalendar Year End Reminders by Karin M. Smith, MBA, SFO, CFE, Consulting Partner. Posted on January 10, 2024. As we turn the calendar to a new year, …

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