Identity Crisis – When There is a Need to Change Your Nonprofit’s Name
The need for a nonprofit organization to change its name happens quite frequently. The reasons vary: mergers with other organizations, additions of or changes to major programs, to distinguish from...
View ArticleBack to School with Charity Navigator
School is in full swing across the country, and it looks like students won’t be the only ones who will be graded out of 100 points this year. Charity Navigator, a nonprofit organization that evaluates...
View ArticleCalifornia Enacts Bill to Combat Noncompliant Charities
The California State Legislature recently passed Assembly Bill 2077 (“AB 2077”). AB 2077, which was signed by Governor Brown, is designed to make it more difficult for charities that have not complied...
View ArticleHow to project gainful employment rates - Part 1
On October 31, the U.S. Department of Education promulgated its new “gainful employment” or “GE” regulations. As we discussed in a prior post, the new rules apply to all programs offered by for-profit,...
View ArticleHealth Care Reform Implementation Update
Over the past several days, the second open enrollment period through the Affordable Care Act’s (ACA’s) health insurance exchanges began; Republican lawmakers, now with majorities in both the House and...
View ArticleNew IRS Standards for Qualified Management Contracts
A few weeks ago the Internal Revenue Service released a new notice with allows 501(c)(3) organizations with tax-exempt bonds greater flexibility in drafting their management agreements. In the past,...
View ArticleHigh Court Affirms Theater, Church’s Entitlement to State’s “Mandatory”...
The Court of Appeals, New York’s highest court, recently published decisions in the Maetreum of Cybele v. McCoy and Merry-Go-Round Playhouse, Inc. v. Auburn cases. In these decisions, the Court...
View ArticleSeventh Circuit: Plaintiffs Lacked Standing to Challenge Tax Exemption for...
In November 2013, the U.S. District Court for the Western District of Wisconsin declared unconstitutional Section 107(2) of the Internal Revenue Code, which excludes from gross income rental allowances...
View ArticleThe Continuing Far Reach of the False Claims Act
Since 2009, when Congress preserved and expanded the reach of the False Claims Act (“FCA”) through the Fraud Enforcement and Recovery Act (“FERA”), Government contractors have seen a vast increase in...
View ArticleAncillary Joint Ventures Involving Taxable and Tax-Exempt Health Care...
Tax-exempt health care systems facing growing operating costs and falling revenues frequently explore creation of ancillary joint ventures (AJVs) as vehicles to raise capital, share risk, expand...
View ArticlePerspectives - November 2014
In this issue: - Not-for-Profit Spotlight - Top Compliance Challenges in Church Accounting - 10 Ways to Lose Your Not-for-Profit Status - Not-For-Profit Fleet Management - Events - Excerpt from...
View ArticleReligious Institutions Update: December 2014
Every year, religious institutions spend millions purchasing insurance of various types from insurance companies. Many will never make claims on the policies remotely equal to their annual investment...
View ArticleAlert: Conversion of a Postsecondary Educational Institution from a...
The recent announcements that Grand Canyon University would explore nonprofit status and that Corinthian Colleges plans to sell a group of schools to a nonprofit entity have encouraged higher education...
View Article"Let There Be Light” Part 2 of 2 Part Series
There are numerous other examples of religious institutions which have made green energy part of their mission. Utility companies across the U.S. are embracing solar energy. Savvy investors like Warren...
View ArticleEighth Circuit Reminds Nonprofits They Are Subject to Whistleblower Laws
Nonprofits help shape, empower, and strengthen many underserved communities with the aid of donors who believe and trust in the organization’s mission. These goodhearted missions come with...
View Article'Tis the Season for Year-End Charitable Gifts
As you are making your list and checking it twice, you might want to consider whether you want to make any year-end gifts to your favorite charities. If you do, you will be in good company. According...
View ArticleTame the Beast: Prepare for the Year-End Audit Now
With year-end soon rearing its ugly head, not-for-profits have a lot on their plates. For calendar-year-end organizations, preparing now for the audit that inevitably ensues after December 31st is the...
View ArticleMoFo New York Tax Insights - Volume 5, Issue 12 - December 2014
In This Issue: - ALJ Rejects New York City’s Attempt to Forcibly Combine Bank and Its Non-New York City Mortgage Subsidiary - Tribunal Amends Decision Upholding Disallowance of Nonresident Partner’s...
View ArticleHIPAA Settlement Continues to Emphasize the Importance of Security Policies...
A recently announced settlement between Anchorage Community Mental Health (“ACMHS”) and the U.S. Department of Health & Human Services Office for Civil Rights (“OCR”) emphasizes, once again, the...
View ArticleSix IRS Rules to Follow for Year-End Gifts to Charity
The holiday season is often a time for charitable gift giving. Here is a list of tax rules to follow to ensure your charitable deduction is respected by the IRS: - Qualified Charities. You can only...
View Article