BMF Akron Office Closure Beginning May 1

Beginning May 1, our Akron Office will be closed to the public for renovations but will remain available to assist you. Contact your BMF Advisor or call 330.762.9785 to speak with someone who can help. We anticipate renovations taking several weeks, so stay tuned for updates!

Articles & Publications

Nonprofit Insights: Nonprofit Internal Controls Fight Technology-Related Fraud

The ability to make and accept online payments and maintain databases (with detailed constituent profiles) offers obvious benefits to nonprofits under time and financial pressures. But it may also be subject to fraud attempts that can dodge your traditional. Read More >>

The Care and Feeding of Nonprofit Executives: How to Balance Fair Compensation and IRS Requirements

The CEO of a nonprofit organization is the most visible, and likely, the most influential position in the organization. Great efforts should be expended in recruiting and retaining the right person for the job. It is vitally important to. Read More >>

8 Tips for Creating an Effective Survey

August 18, 2017 Nonprofit

  So you want to survey your members, donors or other constituents for feedback on a program, project or event? If you haven’t created a survey before, don’t fret. Just keep in mind certain rules and the rest will. Read More >>

Nonprofit Funding: A Closer Look at Quasi-Endowments

The concept of an endowment is well known to anyone in the nonprofit world, which is restricted funds that create indefinite investment income for a specific purpose. There are two principal categories of donor established endowment funds as follows:. Read More >>

Reporting Rule Changes for Nonprofits: ASU 2016-14

October 18, 2016 Nonprofit

Accounting Standards Update 2016-14 Not-for-Profit Entities (Topic 958) Presentation of Financial Statements of Not-for-Profit Entities The Financial Accounting Standards Board (“FASB”) issued an accounting standards update in August 2016 to improve the information provided in not-for-profit financial statements and. Read More >>

Nonprofit Fundraising: 5 Ways to Account for Promises to Give

July 27, 2016 “Promises are like crying babies in a theater, they should be carried out at once.”  – Norman Vincent Peale Ah, if it was only so easy. In the world of nonprofit fundraising, much-needed support often comes. Read More >>

The Give and Get: How to Build a Fundraising-Friendly Board

May 10, 2016 Make no mistake: Your board is the single most powerful fundraising tool you have. Yet, the ability to be an eager and effective solicitor of gifts is not always a given. Your board members may need. Read More >>

Nonprofit Funding Matters: Revenue Diversification: Think Like a Growing Business

August 6, 2015 Nonprofit

August 6, 2015 Many nonprofit organizations are quick to celebrate short term funding successes without exercising the proper degree of caution about the sustainability of those sources.  In a growing for-profit business, management is constantly expanding its product offerings,. Read More >>