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The IRS Is Taking a Closer Look at Government Funded and Fiscally Sponsored Nonprofit Organizations

The U.S. Department of the Treasury announced on April 23, 2026, that the IRS is planning significant revisions to Form 990. While no immediate changes are in effect yet, this announcement provides direct insight into the IRS’s focus on providing greater transparency and stronger oversight, particularly for 501(c)(3) organizations receiving public funds or operating under…

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Civic Warriors

We bring the conversation to you, sharing relatable stories that motivate and build consensus in the nonprofit community. Experience what it takes to make an impact and become a true Civic Warrior.

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Charitable Giving and Education Savings in 2025

Charitable Gifting Charitable Contributions For 2025, donors may claim a tax deduction for contributions of cash of up to 60% (for noncash assets held more than one year up to 30%) of one’s AGI. Donation amounts in excess of these limits may be carried over for up to five tax years. For example, consider an…

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ASU 2025-05 – Improvements to Guidance on Measurement of Credit Losses – A Simplified Path

Accounting Standards Update (ASU) 2025-05 – Measurement of Credit Losses for Accounts Receivable and Contract Assets, issued in July 2025, introduces a practical expedient and accounting policy election under Topic 326: Financial Instruments—Credit Losses, specifically tailored to ease the burden for entities when estimating credit losses for accounts receivable and contract assets. Simplified Estimation of…

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IRS Court Filing Signals Modification to Restriction of Political Endorsements by “Church” Organizations

In a recent court filing, the IRS stated its position that certain “church” organizations’ endorsement of political candidates is an allowable activity, contrary to the long-standing ban on political endorsements by nonprofits. In National Religious Broadcasters v. Billy Long (as acting IRS Commissioner), a coalition of religious “church” organizations sued the IRS to challenge the…

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Changes Affecting Not-for-Profit and Other Tax-Exempt Organizations in New Tax Law

President Trump has now signed The Big Beautiful Bill into law. The House passed the Senate’s version of the bill just shy of the president’s July 4 deadline. The broad provisions in the bill impact many areas of taxation, including tax-exempt organizations. The final version abandons many earlier proposals that alarmed nonprofits, while several key…

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