Is Your Not-for-Profit Accounting for Fundraising Costs Properly?

The increased availability of financial data has made it clear that a diversity of practices exist when it comes to accounting for fundraising costs.

At Mayer Hoffman McCann, we believe that accounting for fundraising costs is going to receive increased attention by the IRS and third parties in the years ahead. We recommend that your organization reviews its approach to ensure that full and faithful fundraising cost reporting is taking place.

For more information, see MHM Messenger 19-13: Accounting for Fundraising – A Reminder on Proper GAAP or contact your local MHM office.

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