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Single audit threshold 2025: What nonprofits need to know 

The OMB raised the single audit threshold to $1 million starting in 2025, reshaping compliance for nonprofits. Learn what this change means, how it impacts federal and state audit requirements, and what steps your organization should take to stay prepared.

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Important notice: Delay in 2025 OMB compliance supplement release 

The Office of Management and Budget (OMB) has experienced an administrative backlog that has delayed the release of the 2025 OMB Compliance Supplement.

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Single audit requirements for nonprofits 

Nonprofits that receive significant federal funding must navigate complex single audit requirements to maintain compliance and eligibility for future awards. This guide outlines thresholds, key components, timelines, and practical steps to help your organization stay audit-ready and accountable.

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Simplifying nonprofit financial statements 

Understanding nonprofit financial statements is crucial for your organization’s success. Learn how the right partner can support your nonprofit.

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Nonprofit accounting: Best practices for financial management 

Effective accounting is essential for nonprofit sustainability. Explore eight nonprofit accounting best practices to improve financial management, ensure compliance, and empower your mission.

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Nonprofit financial management: Building a sustainable future for your mission 

Strong financial practices are key to sustaining your mission. Learn how effective nonprofit financial management builds donor trust, ensures compliance, and drives impact.

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Navigating federal funding uncertainty: Strategic approaches for nonprofit resilience

Federal funding disruptions are creating challenges for nonprofits nationwide. Learn how to assess risk, strengthen compliance, and diversify revenue.

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What is a nonprofit audit?

A nonprofit audit helps ensure financial transparency, accountability, and compliance. Learn what it involves, when it’s required, and its key benefits.

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Federal funding pause affects assistance programs nationwide 

Update on January 29, 2025 at 10:28 a.m. PT According to a White House official, the White House Office of …

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