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Does your board understand the meaning of “fiduciary”? | cpa in hunt valley md | Weyrich, Cronin & Sorra

Non-Profits

Does your board understand the meaning of “fiduciary”?

“Fiduciary” is a term that gets thrown around a lot these days. But what does it really mean — and to whom should it apply? In general,…
Control expenses and improve efficiency by monitoring financial ratios | weyrich, cronin and sorra | accountant in cecil county md

Non-Profits

Control expenses and improve efficiency by monitoring financial ratios

In general, not-for-profits should work with professional financial advisors to ensure they’re complying with the IRS’s rules for tax-exempt…
Fundraisers should be fun, but they also must be profitable | CPA in Harford County MD | Weyrich, Cronin & Sorra

Non-Profits

Fundraisers should be fun, but they also must be profitable

If you’re planning a major fundraiser such as a dinner gala, you may be focused on the fun factors — for example, the venue, menu and entertainment.…
New tech safeguards for new tech risks | cpa in hunt valley md | Weyrich, Cronin & Sorra

Non-Profits

New tech safeguards for new tech risks

Technology seems to change at the speed of light. Even a few years ago, many people had never heard of AI! Now, most not-for-profits are exploring…
Scrutinize that grant before you accept it | cpa in washington dc | Weyrich, Cronin & Sorra

Non-Profits

Scrutinize that grant before you accept it

Your not-for-profit may invest valuable time and effort in its grant proposals. So it’s understandable that you’d be thrilled when proposals…
Putting a value on tangible property donations | accountant in Hunt Valley MD | Weyrich, Cronin & Sorra

Non-Profits

Putting a value on tangible property donations

If a donor suddenly offered your not-for-profit a residential property, antique jewelry or inventory from a business, would you know how to value…

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