Insights

For nonprofit organizations, maintaining comprehensive records represents far more than a bureaucratic exercise—it’s a fundamental pillar supporting organizational health, tax-exempt status, and strategic decision-making. The IRS outlines six essential reasons why nonprofits need robust recordkeeping systems, encompassing everything from program monitoring to tax compliance to demonstrating impact to stakeholders. Understanding these pillars can help your organization build a documentation framework that not only satisfies regulatory requirements but also strengthens operations and advances your mission.

Many nonprofit leaders assume all boards function the same way, but this one-size-fits-all thinking can seriously undermine organizational effectiveness. The truth is that successful nonprofits recognize a fundamental principle: board structure must evolve alongside the organization itself, shifting from hands-on working boards in the startup phase to strategic policy boards as the organization matures. Understanding when and how to make these governance transitions represents one of the most important strategic decisions a nonprofit can make.

Timing is key in maximizing the benefits of OZ investments. With thoughtful planning and strategic execution, OZs can be a cornerstone of both financial success and meaningful change.

Timing is key in maximizing the benefits of OZ investments. With thoughtful planning and strategic execution, OZs can be a cornerstone of both financial success and meaningful change.

Aprio Insights on the Case Study: Turning Complexity into Clarity in a High-Stakes Equity Sale. Read the article.

Explore key Section 174 updates from the OBBB, including FAQs, best practices for amending prior year returns , and R&D credit strategies from Aprio’s July 2025 webinar.

Vasquez + Company recognized in the GPMG UK Global 100 under Excellence in Accounting, Audit, and Tax Services – United States category.

Navigating ASC 606 can be complex, but you don’t have to do it alone.