In This Issue

News For Nonprofits


Nonprofits: The Rocky Balboa of the U.S. economy?


Even during the recent recession, the U.S. nonprofit sector has shown its resilience. Consider: During the 21st century's first decade the number of not-for-profits grew 25%, surpassing both the government and private sectors. During the same period..(Read More) 


 Client Quote

"We have worked with Gilbert for a number of years and their professionalism, knowledge, responsiveness and competitive pricing has made us believers!"

  - CA Forward
MAY 2015


Cyber-security  is an important topic that affects us all. If you are a nonprofit that has a computer network or collects financial or personal information, you are at risk for data theft. It's critical to have effective  cyber-security  policies and sophisticated protections in place.


We explain why nonprofits are particularly vulnerable to data theft and how they can fight back by following data handling rules, educating staffers about common  cyber-crime  schemes and establishing a board technology committee. If you weren't able to attend our recent Cyber Fraud Seminar don't worry, we've got you covered with what you need to know on how to protect your organization from cyber crime. 


If you need further assistance with any of the topics discussed in this issue, please give us a call. We are here to help! 


How to Protect Your Nonprofit from Cybercrime 


In July 2014, Goodwill Industries learned from a credit card company that some of its customer data might have been stolen. The Maryland-based charity, whose 2,900 stores fund job programs, has been working with fraud investigators to learn the extent of the breach.

But regardless of the size of any financial losses, the nonprofit has taken a hit to its reputation, thanks to widespread media coverage of the incident. 
Data thieves and other cybercriminals don't limit their attacks to large, high-profile organizations...(Read More) 

The Bottom Line: How to Account for Special Events 


More and more nonprofits are turning to special events as a major source for generating funds. As if event planning isn't complicated enough, organizations also must take care to properly present the associated revenues and costs in their financial reporting.

When you sponsor an auction, golf outing or "fun run," the main goal is usually to raise funds. So it's easy to understand why some nonprofits mistakenly treat all of the revenues and costs as they would for other fundraising-related activities...(Read More)