The Commonwealth of Massachusetts, Operational Service Division, has granted a 30-day extension to the Uniform Financial Report (UFR) FY2021 filing deadline. Please note UFR filers are not required to file a request for this extension. Contact us for more information.
If your not-for-profit organization accepts contributions of nonfinancial assets, such as land, services and supplies, you should know about Financial Accounting Standards Board (FASB) rules approved last year. Accounting Standards Update (ASU), Not-for-Profit Entities (Topic 958): Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets is intended to increase transparency around gifts in kind. READ MORE >
**Recipients and subrecipients that received COVID-19 funding with original due dates from October 1, 2020 through June 30, 2021.