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Qtr III - Newsletter 2018
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We're in the midst of some minor projects at my house these days; painting rooms, replacing carpeting, and turning one spare bedroom into an office/craft room. So, of course, a lot of furniture and things have to be moved around so the work can be done. Packing up files the other day I realized I had financial records, tax returns, reading material, and other things that go back over 25 years. Most of this stuff we no longer needed, but there it was. As I started to put it all in boxes I told myself what I really ought to be doing was sorting it and shredding everything no longer needed. But... I then told myself, I'd get around to it later, and proceeded to put it into boxes and move it all into a closet. So why didn't I just stop and pick out the things I really needed to keep? Lots of reasons...but mostly because I realized it would take me some time to sort through everything and I told myself that I really needed to stay on task and get the room cleared out so I could begin working on it.
Life and work are like that sometimes. Clutter builds up as the years go by, and the urgency of the task at hand generally means we simply shove it out of the way so we can take care of the more immediate needs of the day. But the clutter remains. Oh, we may think about it from time to time and tell ourselves that we need to do something about it. But generally, we'll find a reason for putting it off for another time because it just doesn't seem like the effort is worth it. Twenty-five years will go by and you'll just have more clutter to deal with.
I opened one of those boxes again the other day and pulled out a file about six inches wide that was stuffed full of cards and notes I had received over the years for birthdays, Father's Day, get wells, thank you's, etc. (not sure why I kept them). I pulled out a few and began reading and memories from the past came flooding back. Mostly good, some sad, all meaningful. That's when I knew why they were still around. They helped me put my life in perspective. To see the big picture... the important things in life; family, relationships and God. Clutter can be good! But only if you go back through it every once in a while and glean those nuggets of truth and importance that can help you balance out the things of today with the fullness of life.
I leave you with this question... What's in your clutter?
Yours in His Service,
Steve Boersma, Ph.D.
President/CEO
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Workplace Compliance Spotlight Webinar
Compliance Trends in the Employee
Life Cycle
Thursday,
August 2
@ 1:00pm ET
10:00am PT
Description:
- How fair are your pay practices?
- How secure do you keep candidate data?
- Are you offering paid sick leave?
Register now, even if you cannot attend, and we will send you the recording.
Contact:
Kalani Tennant,
Sr. District Manager
831-454-6088
(
This webcast is designed for HR leaders, practitioners and business owners and is approved for one HRCI credit and one CPE credit hour.)
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New Financial Accounting Standards for Nonprofits and What They Mean
for Your Ministry
For fiscal years starting in 2018
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On August 18, 2016, the Financial Accounting Standards Board (FASB) issued new rules for nonprofits. It is the first major set of changes to nonprofit financial statement presentation standards since 1993. The new rules take effect for fiscal years starting in 2018.
What are the goals of the new rules?
The FASB's goals for the new rules are to provide better information to donors, grant makers, creditors, and others who read nonprofit financial statements.
What organizations are affected by the new guidance?
The new rules affect substantially all nonprofit organizations, including charities, foundations, private colleges and universities, health care providers, cultural institutions, religious organizations, and trade associations, among others. (read more)
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Tuition Waivers & Scholarships
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Are you Complying with the Associated Tax Regulations?
Fringe benefits have long been used to enhance employment offers, and the IRS has left some tax-free fringe benefits open to schools. One of the most important benefits that all educational institutions can use is tuition remission. This benefit allows educational institutions to provide free or reduced tuition to the dependents of their employees. If you or your church operates a daycare, preschool, elementary, and/or secondary school (hereafter referred to in this article as "schools") you know how valuable it can be to be able to offer to your staff tuition discounts, scholarships, or waivers. (
read more)
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Accessing Information about Tax-Exempt Organizations
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Resources for learning how to stay exempt and in compliance.
Whether you are an organization or an individual looking to learn something about a particular nonprofit (your own included), or you specifically want to investigate their current legal or tax-exempt status, there are a number of resources available that can help with your research.
Investigating your own charity to see if you are currently in good status with various agencies that exercise authority over your organization is a good way to help ensure you remain in good standing. Investigating another nonprofit before deciding to get involved with them is always a good thing to do. It is especially important for charitable nonprofits. (read more)
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Trends Nonprofits Need to Be Aware Of
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I came across a brief article the other day while surfing the net looking for trends and issues affecting the nonprofit sector. I liked it because it is short, succinct, interesting and on point (at least I thought so). Here is a summarized version of what I learned. Read it for what it's worth and apply it as you think it might benefit your church or charitable organization. (
read more)
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What's on Your Job Application?
California continues to enact new regulations governing the information that can be collected from job applicants. Effective January 1, 2018, two important changes went into effect that may have slipped by you unnoticed. So here they are just in case you need to go back and update your application or interviewing procedures.
(read more)
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