GAAP for Nonprofits: How to Reconcile GAAP and Non-GAAP Results
sgEngage
SEPTEMBER 13, 2024
So, while bequests, insurance policies and planned gifts are exciting for the organization, those donations won’t be reflected in the GAAP reporting. Kudos to your development team for getting the payout from an insurance policy of a 45-year-old. Do your development partners count conditional pledges?
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