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Jim is a partner based in our firm’s East Brunswick, NJ, office and is a licensed certified public accountant in the state of New Jersey. He has more than 20 years of professional accounting experience assisting closely-held businesses in a variety of industries in addition to a high concentration of not-for-profit organizations.
Jim serves as treasurer for the Katelyn Schwenzer Foundation, a local nonprofit organization he developed for children in need of liver transplants. Jim lives in Somerset County, NJ.
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Presentation and Disclosures by Not-for-Profit Entities Receiving Contributed Nonfinancial Assets
Share On September 17, 2020, the Financial Accounting Standards Board (FASB) issued accounting standards Update 2020-07, Not-for-Profit Entities (Topic 958) – Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial […]

Subrecipient Monitoring Under Uniform Guidance
Share Uniformed Guidance revised some of the requirements for pass-through entities regarding monitoring activities and subaward requirements. Let’s start with a few key definitions: Pass-through Entity (PTE) – A non-federal […]

Election Year Dos and Don'ts for a 501(c)(3)
Given that 2016 is an election year and the campaign season has kicked into hyper-drive, we want to provide a brief reminder of what you CAN and CANNOT do regarding […]