Yulia Murzaeva

Senior Mangager

"#BeMore with Green Hasson Janks."

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    Implementing the New Standard of Accounting for Grants and Contributions - Key Considerations

    Grants and contributions – rather than earned income from contracts with customers – make up the majority of income for many nonprofit organizations, so it is not surprising that the new clarifying standard for contributions received and made will have a wide-ranging impact. This blog is the second part of our blog series covering the implementation considerations of the new standard and focuses on the recipients of grants and contributions.Background: In June 2018, the Financial Accounting […]

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      Risk Management for Nonprofits – How to Not Make the News

      San Diego Workforce Partnership, a San Diego nonprofit agency funded primarily by government grants, recently made the news when its former facilities manager was convicted of embezzling over $450,000 from the nonprofit over the course of five years. The facilities manager was responsible for approving janitorial invoices and directed the agency contractors to purchase various items including prepaid debit cards, which he then stole. To cover up the purchases, the manager created false invoices […]

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        Mission Related Investing

        In our recently released whitepaper, The Give and The Get: The Future of Philanthropy, we noted that many nonprofits are now investing funds in a way that promotes equity. These investments are made with the intent to generate a measurable, beneficial social or environmental impact alongside a financial return. Of our survey respondents, 23% invest all or part of their funds under impact investing guidelines, so we decided it was time to explore this further by asking the following […]

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