This year, GHJ held its annual Nonprofit Accounting and Tax Update Workshop on June 8 at the Goodwill Community Enrichment Center at Fletcher Square. Panelists discussed how recent updates to accounting standards could impact a nonprofit’s financial reporting. They also shared insights on the latest developments in the nonprofit industry and their effects. At [...]

With the wave of political and societal changes, nonprofit organizations have to constantly adapt to changes in tax laws and procedures. Our recent nonprofit whitepaper, Board Governance: The Path to Nonprofit Success, explores the importance of effective board governance and why every nonprofit organization should make it a priority. Here are three simple best prac [...]

GHJ hosted its annual “Nonprofit Accounting and Tax Update” on May 13, 2021. The expert panel shared resources and best practices regarding recent tax and accounting changes impacting the nonprofit industry. Watch the recording to learn how they affect your organization and what your team needs to know to prepare for the future. TOPICS: TaxForm 990 changesIRS exa [...]

“Resiliency is the capacity to respond effectively to change, to adapt successfully to new and unforeseen conditions and circumstances – and to seize opportunity.” – S.D. Bechtel, Jr. Foundation’s Resiliency Guide, March 2018 GHJ Nonprofit Partner Donella Wilson, recently spoke with Dena Jenson, Director of the Center for Nonprofit Leadership at California Luthe [...]

With the economy shifting, many nonprofit organizations are reevaluating where to focus their time and budgets for the next year. In many organizations, additional investment in technology is one line item that is not prioritized in times of uncertainty. Consider these opportunities to maximize the value of a nonprofit’s tech stack. IDENTIFY THE BEST TECHNOLOGY SOL [...]

Nonprofit and corporate leaders can collaborate to strengthen and expand the reach of community initiatives with these practical, actionable steps. Cross-sector collaboration will take center stage at the Los Angeles Business Journal’s 2026 Nonprofit and Corporate Citizenship Symposium on March 26. GHJ Partner and Nonprofit Tax Practice Leader Lizbeth N [...]

By encouraging employees to volunteer their skills, serve on nonprofit boards and share professional expertise, businesses can strengthen nonprofit organizations while creating meaningful engagement opportunities for their workforce. Financial donations are an essential source of support for nonprofit organizations, but money alone cannot meet every need. Many nonprof [...]

GHJ’s latest Nonprofit Bytes podcast episode explores the concept of scenario planning: not predicting the future but being prepared for it. The conversation features:GHJ Nonprofit Audit and Assurance Partner Yulia MurzaevaGHJ Nonprofit Tax Practice Leader Lizbeth Nevarez GHJ Nonprofit Practice Leader Donella WilsonThese experts disc [...]

GHJ Private Foundation Practice Leader Stephanie Yan was featured in Nonprofit Leadership Podcast’s episode "How can donors avoid the pitfalls of self-dealing." Host Dr. Rob Harter interviewed Yan about the intricacies of family foundation donations to nonprofits. Yan explains the critical issue of "self-dealing." She dives into how such transactions, whether delib [...]

The One Big Beautiful Bill Act (OBBBA) marks the most significant overhaul of nonprofit tax policy since the Tax Cuts and Jobs Act (TCJA) of 2017. This comprehensive tax legislation brings both opportunities and significant challenges for nonprofit organizations across America.The new law presents a mixed landscape for nonprofits. For some organizations, new tax [...]