Significant updates to the Uniform Guidance have taken effect for all federal awards issued on or after October 1, 2024. These changes aim to simplify compliance and improve transparency for applicants, recipients and subrecipients.  Here is a concise look at five major updates that are likely to influence many nonprofit organizations: 1. REDUCTION OF C [...]

Through a decade-long partnership, GHJ has delivered tailored audit services and strategic guidance to enhance internal processes, achieve financial growth and set up the organization for long-term success.HIGHLIGHTSProvided tailored nonprofit audit services to meet the organization's unique needs.Guided the organization as it explored alternative investments and unre [...]

GHJ supported a client through its growth journey by offering strategic financial guidance and expert advisory services that enhanced the organization’s ability to scale effectively and meet its global humanitarian goals.HIGHLIGHTSSupported the organization as it grew from $9.1 million annual revenue to over $100 million in eight years through strategic financial guid [...]

On June 13th at 1:00 pm EDT, Rich Ruvelson will be speaking at a Stafford live phone/web seminar, “Independence Disclosure Challenges With Form 990.” This teleconference will focus on important and much-watched non-profit independence disclosures on Form 990 and its schedules, against a backdrop of heightened oversight by IRS auditors—and by donors, lenders a [...]

GHJ was a sponsor of the 2018 Women’s Council hosted by the Los Angeles Business Journal (LABJ), which celebrates women business leaders and honors outstanding achievements in business by women throughout Los Angeles. At the event, GHJ Chief Marketing Officer Mari-Anne Kehler moderated a discussion with top women business leaders centered on negotiating skills for [...]

GHJ Search and Staffing Practice Leader Derrick Coleman hosts this episode of the Business Disruption and Resilience Podcast all about The Great Resignation. Derrick is joined by GHJ Chief People Officer Alex Seiler and the Children’s Bureau Chief People Officer Kymberly Garrett for a discussion about employee recruitment and retention. They compare and contrast how [...]

Tom Barry’s new blog series, “OWNING the New Normal: Innovators creating the way forward,” will focus on business leaders exploring the current and evolving business environment. The discussion will revolve around recognizing that leaders must innovate and pivot to “own” the future and move forward. This is the first in the series. Higher education has seen huge [...]

According to the AICPA, the borrower has an option: either treat the PPP loan as debt or as a government grant. The fact that there is a choice reflects the current vast diversity of opinions on the question. AICPA Guidance The AICPA’s recent Technical Q&A states: Given the unique nature of the PPP, questions have arisen relating to how a borrower under the pro [...]

On June 5, 2020, President Donald Trump signed H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020, into law. As a result, the Paycheck Protection Program (PPP) rules have changed once again. Significant changes to the PPP program include: Borrowers can choose to extend the 8-week period to a 24-week period, or they can choose to keep the original 8-w [...]

Charity Navigator’s new ‘joint cost allocation adjustment’ is drawing criticism from many charities and nonprofit professionals, including accountants and auditors. A long-established accounting practice (embodied in FASB ASC 958-720) establishes guidelines for accounting for costs of activities that include fundraising. Such activities include direct mail, telephone [...]