GHJ is once again sponsoring the CalCPA Not-for-Profit Conference. Nonprofit Tax Principal Lauren Haverlock will be a featured speaker, and Nonprofit Partner and Practice Leader Donella Wilson is co-chairing the event. About the Event The 2016 CalCPA Not-for-Profit Conference will be held on May 24 in Burbank and May 25 in San Francisco. The conference is [...]

Richard Ruvelson, Tax Principal and Lizbeth Nevarez, Tax Manager, are presenting on Form 990: The Basics Webcast at CalCPA. This course will provide tax practitioners with an overview of Form 990, both the core form and Schedules A-G and I-R. In addition, get acquainted with intermediate sanctions, direct and grassroots lobbying, as well as the “expenditures [...]

GHJ’s personalized approach empowers philanthropic organizations to navigate complex financial landscapes and achieve compliance.HIGHLIGHTS:10-year relationship built on mutual trust and through the provision of high-quality audit and tax services to multiple private foundationsEnhanced operational efficiency through education on new accounting pronouncements and indu [...]

For some private foundations, real estate investment partnerships can be a way to diversify an investment portfolio. Due diligence is an important step that private foundations must take before making a direct investment in real estate. Here are the most pressing considerations that private foundations should weigh in order to mitigate risks before entering into a re [...]

GHJ’s Risk Management for Private Foundations Series: Navigating Challenges and Seizing Opportunities dives deep into the risks that private foundations face and offers practical solutions across a spectrum of areas including automation, cybersecurity and new giving strategies. Gain insights into implementing new ideas, ensuring compliance and exploring innovative par [...]

GHJ’s Risk Management for Private Foundations Series: Navigating Challenges and Seizing Opportunities dives deep into the risks that private foundations face and offers practical solutions across a spectrum of areas including automation, cybersecurity and new giving strategies. Gain insights into implementing new ideas, ensuring compliance and exploring innovative par [...]

Every quarter, GHJ Foundation (GHJ’s vehicle for proactive giving to the community) goes through a grant cycle to decide what organizations to provide grants to. Employees from GHJ volunteer their time to be part of the process. In its recent grant cycle, the GHJ Grant Committee prioritized organizations impacted by COVID-19 that focused on food insecurity, educationa [...]

During our August nonprofit workshop, our nonprofit team shared the latest in accounting and tax updates, as well as insights from AICPA's recently revised Audit & Accounting Guide for Not-for-Profit Entities. We posed various questions during our workshop and over the next few blog postings, we will share the answers to those questions. Q. Why is distinguishing c [...]

Last week I blogged about the recent court ruling regarding interns and earlier in the year I blogged about the value of volunteers. The use of interns and volunteers by nonprofit organizations comes with legal risks, and it’s worthwhile to remember the 4 basic rules when working with volunteers: Rule 1: Do not pay volunteers in cash or in kind (expenses may be reimb [...]

Volunteers increase capacity, are cost effective and extend a nonprofit’s reach. They have value, even though the value of their services may not meet the criteria for recognition in financial statements. The Independent Sector has released the new value of volunteer time - $22.14 per hour for 2012. This represents an increase of 35 cents from 2011. The value of a vol [...]