Accounting, Tax & Advisory Experts

Many nonprofit executive directors, finance directors, and financial personnel see filing the annual form 990 as simply a necessary evil for their nonprofit organization. Instead of just doing the bare minimum to meet the filing requirements, you can use this required filing to your advantage, to help support and promote your organization to the general public and to potential donors and grantors. In this blog, you’ll learn how to maximize the benefits of filing form 990.

Qualified Charitable Distributions (QCDs) are a powerful tool for individuals who want to support charitable organizations and benefit from the tax breaks afforded by charitable giving. This financial strategy is particularly relevant for retirees who have reached the age where they must take the Required Minimum Distribution (RMD) from the IRA (Individual Retirement Account). In this article, we explain what you need to know about QCDs to make them work to your advantage.

At Aldridge Borden, we believe in building a strong future for the accounting profession. One way we put this belief into action is through our proud partnership with Auburn University at Montgomery (AUM). Each year, we provide scholarships to deserving accounting students through the Aldridge Borden Scholarship, helping to alleviate financial burdens and support the academic journeys of future accounting leaders.

Nonprofit organization memberships are becoming increasingly common, often implemented for their humanitarian benefits. In this article, we break down the details of accounting for memberships for a nonprofit organization.