Non-Profits Insights

When nonprofit teams don’t see eye to eye on financial reporting | accounting firm in bel air md | Weyrich, Cronin & Sorra

Non-Profits

When nonprofit teams don’t see eye to eye on financial reporting

Tension between Accounting and Development teams is more than a simple workplace issue. It can have real financial consequences for a nonprofit…
Putting a price on donated goods: What nonprofits need to know | accountant in baltimore md | Weyrich, Cronin & Sorra

Non-Profits

Putting a price on donated goods: What nonprofits need to know

Nonprofits of all sizes often receive donations of tangible property, from clothing and household goods to artwork and equipment. But determining…
Internal red flags that may indicate shaky nonprofit health | accounting firm in bel air md | Weyrich, Cronin & Sorra

Non-Profits

Internal red flags that may indicate shaky nonprofit health

With cost-of-living concerns, interest rates and federal funding cuts continuing to be prominent in the headlines, many nonprofit leaders are…
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.…

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