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Contact us
(908) 782-7900
[email protected]
www.bkc-cpa.com
114 Broad Street
Flemington, NJ 08822
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FASB Modifies Not-for-Profit Accounting Rules
The Financial Accounting Standards Board (FASB) recently issued ASU 2016-14. This is the first major change to the nonprofit financial statement model in over 20 years... Read more
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How to Retain, Recruit & Engage Great Board Members 
The nonprofit world has already seen a number of board shake-ups this year. The right qualifications, a good cultural fit, dedication to the mission and a solid dynamic among nonprofit leaders are critical for a healthy organization. Read more
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NJ Charitable Registration Information 
There are two key phrases when filing an annual NJ charitable registration form for Section 501(c)(3) non-profit organizations: "gross revenue" and gross contributions". If a NJ charitable organization has over $500,000 of annual gross revenue, they must attach an audited financial statement prepared by a certified public accountant to the... Read more
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Overtime Rule Changes for Nonprofits 
On May 18th, the U.S. Department of Labor (DOL) released new rules regarding the requirement for overtime pay for white collared salaried employees who do not primarily perform executive, administrative, or professional duties. The new rule takes effect on December 1, 2016 and... Read more
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Contact us
We hope that our articles are helpful to you and your organization and encourage you to contact us with any questions or recommendations for future releases. Please forward this message to friends and associates, and please don't hesitate to contact us at (908) 782-7900 or email [email protected].
Sincerely,
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