Welcome to the Winter 2022 issue of Insights, a quarterly newsletter from HBK Nonprofit Solutions designed to help you navigate the financial challenges of operating a nonprofit organization.
In this issue, learn about:
- Rules and requirements for recording in-kind services on your financial statements
- Endowments, the double solution: for donors assurance funds are used for programs they specify; for the nonprofit, a tool for increasing donation receivables
- Rules for different types of nonprofits regarding gaming and the potential of gaming revenues to be treated as taxable unrelated business income
- Things to do before and after board meetings to ensure the most productive sessions
- Our Winter 2022 spotlight organization: Wellfit Girls, inspiring teen girls to climb high in all areas of life.
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