RubinBrown What Not-For-Profit Organizations Should Expect in 2015

INTRODUCTION

2015 brings changes, and the potential for additional changes, to not-for-profit organizations including the implementation of the new Uniform Grant Guidance for organizations receiving federal funds, as well as the release of a new FASB exposure draft regarding financial statement presentation for all not-for-profit organizations. In addition, not- for-profit organizations are reacting to overall economic conditions as well as to industry specific trends. The following publication highlights some of these changes and trends that not-for-profit organizations should expect to see and react to during 2015.

Please contact us if you have questions about any of the topics covered in this publication.

RubinBrown Not-For-Profit Services Group

Judy Murphy, CPA Partner-In-Charge 314.290.3496 judy.murphy@rubinbrown.com

Amy Altholz, CPA Partner & Vice Chair 314.290.3369 amy.altholz@rubinbrown.com

Sharon Latimer, CPA Partner 913.499.4407 sharon.latimer@rubinbrown.com

Contents

Evelyn Law, CPA Partner 303.952.1245 evelyn.law@rubinbrown.com

FASB Exposure Draft

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Uniform Grant Guidance p4

Economic Update

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Mary Kay Lofgren, CPA Partner 314.290.3475 mary.kay.lofgren@rubinbrown.com

Trends for 2015

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Jim Ritts, CPA Partner 314.290.3268 jim.ritts@rubinbrown.com

Brent Stevens, CPA Partner 314.290.3428 brent.stevens@rubinbrown.com

Ted Williamson, CPA Partner 314.678.3534 ted.williamson@rubinbrown.com

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