Numbers 4 Nonprofits is thrilled to receive a 2019 Dane County Small Business Award from In Business. For 37 years, In Business has put the spotlight on small businesses in the area that have contributed to the economy and community. Numbers 4 Nonprofits’ founder, Nicholas A. Curran CPA, CNAP, has been helping nonprofit organizations manage…
A 501(c)(3) organization CAN make a profit while being registered as a nonprofit. Even though an organization’s nonprofit status may preclude them from paying income taxes on profits earned, there are possible tax liabilities with earned revenue that need to be considered.
Increase your Marketing Impact with these 2019 Digital Marketing Tips The digital marketing world is vast. It can be overwhelming to the point that many choose avoidance rather than embrace this powerful advertising platform. We will discuss how to be more efficient with social media presence and advertising as well as learn guidelines for what…
Most, if not all, nonprofits need to work within a tight budget. Programs, salaries, capital projects, building maintenance – none of these line-items are free. Many executive directors and board members are trying to find ways to decrease expenses, but tightening your organization’s purse strings in the areas of accounting assistance and bookkeeping may end…
It’s about to get very busy for many accountants as we approach tax season and there were some big changes to tax law that went into effect in 2018. While Numbers 4 Nonprofits does not prepare taxes for our clients, we are busy year-round helping our nonprofit clients manage their money with mission. However, individuals…
We have spots open for our Breakfast with Benefits event January 15th! RSVP today.
A nonprofit corporation must comply with a few special rules implemented by the IRS that will help maintain its tax-exempt status related to: Organizational Structure, Limited Activities, and Corporate Recordkeeping.
There’s an interesting belief held by many nonprofit stakeholders that having the 501(c)(3) designation means the organization cannot have a “profit” at the end of the year. Running your nonprofit like this could lead to drastic money issues down the road. When it comes to cash needs for your nonprofit, it is important to remember…
The IRS does not require nonprofits to file annual independent audits, but many states do including Wisconsin. Every registered charitable organization that received contributions in excess of $500,000 during its most recently completed fiscal year must file an audited financial statement, prepared in accordance with generally accepted accounting principles, and accompanied by the opinion of…
Is your nonprofit prepared to handle the updated financial reporting changes?
Managing Money With Mission
Madison
821 E Washington Ave, 2nd Floor
Madison, WI 53703
(by appointment only)
Milwaukee:
414-800-1422
1433 N Water St
Suite 449
Milwaukee, WI 53202
(by appointment only)