In This Issue
News for Nonprofits:Small Employee Perks Count
Consider the Success of the ALS's "Ice Bucket Challenge".
Affordable Care Act "Play or Pay" Rules Kick In
Pick the Right Topic for Your Board Retreat
Thank You!
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News For Nonprofits

     

Small Employee Perks Count 

 

Nonprofits often can't compete with for-profits in the salaries they offer employees. But you can look for employee activities that don't cost a 

 

 
"Having been in this industry for many years, I have worked with a variety of audit firms. Gilbert is hands down the best. They are knowledgeable, thoughtful, and precise. From staff to partner level position, I am truly impressed by the quality of their services.

 

-Aspire Public Schools
DECEMBER 2014    

 

2015 is less than a month away and this is a good time for you to start thinking about your annual board retreat. If your board members still haven't decided on a strong topic, we give five suggestions of topics that will prompt meaningful discussions and help to make your retreat a success. 


Speaking of the new year, there are new ACA requirements that are scheduled to take effect in 2015. Large employers - generally those (nonprofit and private) with an equivalent of 50 or more full-time employees - must comply with the employer shared responsibility provision, commonly referred to as the "play or pay" rules. We discuss a few of the basic requirements, along with penalties for noncompliance.


If you need further assistance with any of the topics discussed in this issue, please contact us today, we are here to help! 


 

Consider the Success of the ALS's "Ice Bucket Challenge"

  

The ALS Association reported that it raised more than $100 million during a 30-day period, largely as a result of its summer "Ice Bucket Challenge." According to the nonprofit's website, it received $100.9 million in donations from July 29 to Aug. 29 - quite a contrast to the $2.8 million in donations it received during the same period in 2013.


The nonprofit said that more than 3 million donors participated in the fundraising event in which celebrities ranging from Bill Gates and Bill Clinton to Oprah Winfrey...(Read More)

Affordable Care Act "Play or Pay" Rules Kick In


Is your nonprofit ready to comply with Affordable Care Act (ACA) requirements that take effect in 2015? If you're an "applicable large employer" - generally those employers (nonprofit and private) with an equivalent of 50 or more full-time employees - you'll be subject to the employer shared responsibility provision, or ...(Read More)

Pick the Right Topic for Your Board Retreat


It's time to start thinking about your annual board retreat, getting your leaders together and sharing some quality time. Do you have a topic for this year's retreat - one that's fresh and vital to your organization? Here are five suggestions for a subject likely to prompt meaningful discussion.


 1. Reaching a younger donor base. Is your not-for-profit doing all it can to add younger supporters to the fold, a move that will help ensure the sustainability of your organization?..(Read More)

GilbertFIT Solves Problems - 

A GilbertFIT Case Study - Part Detective, Part Accountant


The Problem:

One of our clients came to us solve and difficult and immediate problem. A key financial employee retired without having trained a replacement or documenting their accounting process. As is the case with many longstanding small and medium sized businesses, supporting documents and key data were trapped in old legacy software. The accounting system was also an extremely complicated web of interconnected spreadsheets...(Read More)