Posted October 17, 2026 by Sherman Hsieh
Endowment accounting for nonprofits: donor-restricted vs board-designated funds, UPMIFA spending rules, underwater funds, journal entries and an example. Read More
Posted October 16, 2026 by Sherman Hsieh
Form 990 preparation software, explained: which return parts come from your ledger, how to map accounts, IRS e-file rules, deadlines and tools CPAs use. Read More
Posted October 16, 2026 by Sherman Hsieh
Form 990 Schedule R explained: Part IV triggers, related organization control tests, Parts I to VI, Part V codes a to s and the $50,000 threshold. Read More
Posted October 16, 2026 by Sherman Hsieh
Form 990 Schedule J explained: Part VII line 3, 4 and 5 triggers, the $150,000 test, Part II columns, W-2 box mapping and the rebuttable presumption. Read More
Posted October 16, 2026 by Sherman Hsieh
Form 990 Schedule L explained: the four parts, Part IV dollar thresholds, who counts as an interested person, and how to flag related vendors in AP. Read More
Posted October 16, 2026 by Sherman Hsieh
Form 990 Schedule O explained: lines that need a narrative, sample wording for 11b, 12c and 19, Part XI and XII entries, and the records to draft from. Read More
Posted October 16, 2026 by Sherman Hsieh
Form 990 Schedule M explained: the $25,000 and art triggers, line-by-line gift coding, Form 8283 counts, and tying Schedule M to Part VIII line 1g. Read More
Posted October 16, 2026 by Sherman Hsieh
Form 990 Schedule G explained: the $15,000 triggers for Parts I to III, a worked gala example to Part VIII line 8, and event revenue account setup. Read More
Posted October 16, 2026 by Sherman Hsieh
Form 990 Schedule D explained: which Part IV lines trigger each part, the Part V endowment roll-forward, Part VI fixed assets and audit reconciliations. Read More
Posted October 16, 2026 by Sherman Hsieh
Form 990 Schedule B explained: the $5,000 general rule, the 2% special rule, what the public copy hides, and how to tie your donor report to Part VIII. Read More