BREAKING NEWS

Stephen Mazza Joins BMF as Partner!

BMF welcomes with pride and purpose, our newest partner and member of the firm, Stephen Mazza!

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 >>

Nonprofit Insights: Changes on the Horizon – The New Nonprofit Reporting Standards

The Financial Accounting Standards Board (FASB) Accounting Standards Update 2016-14 (“ASU”) marks one of the most impactful financial reporting standard changes to nonprofit accounting guidelines in more than 20 years. Through these changes, the FASB expects to bring increased. Read More >>

Nonprofit Fundraising: Discover the Power of the Crowd

November 8, 2017 Nonprofit

Nonprofit fundraisers know they have to “go where the money is.” And these days, it seems like a lot of the money is in crowdfunding. Just witness the incredible success of all the recent “ice bucket challenges” and high-profile. 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 >>

Credit Card Use: Having a policy can thwart misuse

When it comes to fraud in an organization, credit cards are frequently a fraudster’s tool. Because the use of credit cards is so commonplace today, there’s always the risk of improper charges to your account. Credit card misuse could. Read More >>

Accounting for Contract Exchange vs. Contribution

Revenue Recognition Your Nonprofit Should Know Distinguishing the various types of nonprofit revenue transactions can be tricky, especially when it comes to contributions versus contract exchange revenue. And with the implementation of the new Financial Accounting Standards Board (FASB). 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 >>

Libman, Skakun, Recognized for Commitment to Community

September 22, 2016 Breaking News and AlertsNonprofit BMF

Bober Markey Fedorovich (BMF) is pleased to announce that two of its members have been recognized for their continued commitment and ongoing efforts for the betterment of our communities. Keith Libman, partner, has been named to the 2016 Class. Read More >>