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 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 >>

Executive Sessions: What They Are and Why You Should Have Them

February 2, 2016 Nonprofit

A private conversation among board members seems to fly in the face of the openness and transparency expected of today’s nonprofits. Managed appropriately, however, executive sessions are a vital part of the board process. An executive session is essentially. Read More >>

Financial Literacy: Does Your Board Really Know the Numbers?

October 13, 2015 Nonprofit

Nonprofit board members have a legal obligation to the organization’s fiscal health. Yet, many struggle to fulfill their fiduciary duties related to budgeting, finance and oversight. The culprit is often a fundamental disconnect between the nonprofit and for-profit worlds.. 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 >>

FASB Proposes Substantial Accounting Changes for Nonprofits

June 10, 2015 Nonprofit

On April 22, 2015, the Financial Account Standards Board (FASB) proposed changes to the financial reporting requirements for not-for-profit organizations (NFPs). The proposal is intended to improve the current requirements for net asset classification and the information presented in. Read More >>

Nonprofits and Leases: Understanding the Options (and Opportunities)

April 14, 2015 Nonprofit

When it comes to facilities, every nonprofit has to answer the question at one time or another: “Should we lease or buy?” Certainly, if a nonprofit has enough cash for the standard 30-35 percent down payment, buying a facility. Read More >>

7 Threats That Can Bring a Nonprofit Down

January 8, 2015 FraudNonprofit

By their very nature, nonprofits embrace risk. They start with little more than a bold dream and desire to make a difference. But risk has a way of blindsiding unwary nonprofits. Below we’ve listed the top seven threats for. Read More >>

Eyes Wide Open: Who’s Watching Your Organization?

January 16, 2014 Nonprofit

When it comes to nonprofits, there are plenty of prying eyes out there. Of course, state authorities are keeping their eyes peeled (approximately 45 states regulate nonprofit fundraising). And the IRS has made nonprofit governance a major focus area.. Read More >>