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Author Archive for: ‘Myrick CPA’

Advice for Non-Profits and Churches: How to Manage Holiday Donations

The holiday season brings a welcome increase in generosity, and many nonprofits and churches see a significant rise in contributions during this time. While this support helps you carry out your mission, it also creates additional administrative and compliance responsibilities. Understanding how to process, record, and acknowledge seasonal gifts protects both your organization and your donors. With a few steady practices in place, you can move through the holidays with confidence and start the new year on solid ground.

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How to Determine the Classification of a Non-Profit Organization

You're on a mission to make the world a better place, one good deed at a time. Whether you're helping the unhoused, promoting the arts, or anything in between, your work is vital. Still, as a non-profit, ensuring you stay on top of financial responsibilities is critical. Here’s what you need to know about empowering your non-profit charity to unlock the benefits of 501(c)(3) status, ensure tax exemptions, and maintain the trust of your supporters - and how to determine the classification of a non-profit organization.

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