Fall 2025 Nonprofit Insights: Protect. Lead. Thrive.

Your mission matters. But today’s nonprofits face mounting pressure — from complex IRS rules to evolving donor expectations and new financial reporting standards. A single misstep can cost your organization its tax-exempt status, funding, or reputation.

That’s why the Fall 2025 issue of HBK Nonprofit Insights delivers clear, actionable strategies to help you stay compliant, resilient, and mission-focused.

Key Insights from This Issue

🛡️ Guard It With Your Life

Principal Kathleen Clayton, CPA, PSA, MBA explains how nonprofits can lose tax-exempt status — and how to prevent it.
Stay current on Form 990 filings, avoid “mission creep,” and monitor private benefit or unrelated business income. Missing three consecutive 990s leads to automatic revocation — and the loss of donor confidence.

⚖️ Manage Conflicts of Interest

A clear, written conflict-of-interest policy isn’t optional — it’s a best practice that protects credibility and satisfies the IRS. Clayton shares how to document, disclose, and monitor conflicts using the IRS’s sample policy as a foundation.

💻 Adapting to Crypto and Fair Value Accounting

With FASB ASU 2023-08, crypto donations must now be measured at fair value, reflecting real-time market conditions.
Principal Sean Kocan, CPA, explains how this shift increases transparency — but also requires tighter controls and disclosures.

💡 Future-Proof Fundraising

Donors want connection, not transactions.
National Director Daniel Sefick, CPA, CGFM, outlines how to stabilize revenue through recurring gifts, donor-advised funds, and data-driven engagement — building a fundraising engine that lasts.

🌟 Client Spotlight: Bayonne Economic Opportunity Foundation

Celebrating 60 years of impact, BEOF continues to empower low-income residents of Hudson County, NJ, through education, financial empowerment, and housing initiatives. With guidance from HBK, they’re expanding into the new Stepping Stone Academy to reach even more families.

Read, Reflect, and Reinforce Your Mission

Your mission deserves stability and strength.
📖 Read the full Fall 2025 HBK Nonprofit Insights
💬 Connect with an HBK nonprofit specialist → info@hbkcpa.com
🌐 Learn more → Nonprofit Solutions | HBK

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