Remove Definition Remove Grant Readiness Remove Pass-Through
article thumbnail

Save Our Stages & PPP Part 2: The Next Round of Relief Funding

Cain Nonprofit Solutions

Last year many arts and culture nonprofits struggling to cope with closures and restrictions in the wake of COVID-19 were able to take advantage of multiple relief grants and funding, chief among them funds made available through the CARE Act and forgivable loans that were part of the Paycheck Protection Program (known as ‘PPP’).

Funding 130
article thumbnail

Financial Audits for Small Nonprofits By: Kellie Brungard, GPC

Assel Grant Services

Audited financials are a common component of grant readiness discussions and are often requested by funders. This report means the auditor thought they couldn’t issue a definitive opinion on the nonprofit. Nonprofits spending $750,000 or more of federal (or federal pass-through) funds in a year must complete a Single Audit.

GPC 40