Knowledge Sharing
By: Kim Fusco
On June 21, 2018, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2018-08: Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made. The question on the minds of many not-for-profit industry professionals has been:... Continue ReadingKnowledge Sharing
Produced in collaboration with Jessica Kuhn
With another fiscal year coming to an end, what’s on the horizon for your not-for-profit organization? We want your 2019 to be a success! So here’s a short video highlighting the focus areas that will help you to get... Continue ReadingKnowledge Sharing
By: Jessica Kuhn
When a nonprofit starts up, it is working hard to support its mission with a small budget and a lean team. But as the organization grows and is able to take on more employees and operating costs, it can be... Continue ReadingKnowledge Sharing
By: Susan Keller and Lisa Dembeck
David Frankenberger (DF), Marketing Coordinator, had the opportunity to sit down with two leaders in our Tax Department, Susan Keller (SK) and Lisa Dembeck (LD) – in part one of a two-part series – to gain a little more insight... Continue ReadingKnowledge Sharing
By: David Schriver
The National Business Officers Association (NBOA) is an organization that exists to support the financial administration and compliance of independent schools, which includes the financial reporting, human resources and information technology departments. Each year the NBOA holds an annual meeting... Continue ReadingKnowledge Sharing
By: Kimberly Fusco
Many not-for-profit organizations will be faced with new challenges as a result of the recent changes in the tax law. In order to properly adapt fundraising and operational needs to address these new challenges, management and board members need to... Continue ReadingPress Releases, Press Room & Firm News
Baltimore, Md. – Edwin Brake, managing director of Ellin & Tucker, announced today the promotion of two professionals as part of the firm’s ongoing commitment to developing its next generation of leadership. Stephanie McGuire, CPA, has made director in the... Continue Reading
Knowledge Sharing
By: Stephanie McGuire and David Schriver
The Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-09, to align accounting standards, reduce industry specific complexities, and shift the thought process of recording revenue from a rules based process to a principles based approach. This new... Continue ReadingKnowledge Sharing, Media Coverage
By: Kimberly Fusco
We welcome you to the next edition of the 2017 Economic Industry Update initiative, brought to you by Ellin & Tucker and The Economic Alliance of Greater Baltimore. In this six-part series, featured in the Baltimore Business Journal, Ellin &... Continue ReadingKnowledge Sharing, Media Coverage
A nonprofit typically starts out working hard to support its mission with a small budget and a lean team. But as the organization grows and takes on more employees and operating costs, it can be challenging to figure out how... Continue Reading