Month: December 2025

Managing Risk for Exempt Organizations in the Current Enforcement Environment

Managing Risk for Exempt Organizations in the Current Enforcement Environment

Nonprofit Update (PPC) / By

Exempt organizations are operating in an increasingly complex and sensitive regulatory environment. Recent executive actions focused on countering domestic terrorism and political violence have expanded the enforcement landscape for nonprofits and their funders. While these initiatives are aimed at protecting public safety, they also introduce new compliance risks for tax-exempt organizations—particularly around funding, partnerships, and …

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FASB NAC Meeting Highlights: What New Financial Risks and Disclosure Pressures Mean for Nonprofits

FASB NAC Meeting Highlights: What New Financial Risks and Disclosure Pressures Mean for Nonprofits

Nonprofit Update (PPC) / By

The financial reporting landscape for nonprofit organizations continues to evolve—and not without growing pressure. At its October 2025 meeting, the Financial Accounting Standards Board’s (FASB) Not-for-Profit Advisory Committee (NAC) discussed emerging risks, disclosure expectations, and accounting challenges facing the nonprofit sector. From increasing grant cancellations to expanding transparency demands and complex debt-classification issues, the meeting …

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Not-for-Profit Board Rotation: Strengthening Governance Through Term Limits and Succession Planning

Not-for-Profit Board Rotation: Strengthening Governance Through Term Limits and Succession Planning

Nonprofit Update (PPC) / By

Strong governance doesn’t stop with selecting and training nonprofit board members—it also requires knowing when and how leadership should rotate. After an organization has been operating successfully for several years, board rotation becomes a critical next step in ensuring accountability, innovation, and sustainability. Without a structured rotation plan, nonprofits risk stagnation, governance bottlenecks, and limited …

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OMB Releases Final Draft of the 2025 Compliance Supplement

OMB Releases Final Draft of the 2025 Compliance Supplement

Nonprofit Update (PPC) / By

The Office of Management and Budget (OMB) has announced a delay in releasing the final 2025 OMB Compliance Supplement, a critical resource for auditors conducting single audits. To address the delay, OMB provided the AICPA with a “final draft version” in August 2025, allowing auditors to begin planning upcoming engagements. While the official release is …

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Training Not-for-Profit Board Members for Effective Governance

Training Not-for-Profit Board Members for Effective Governance

Nonprofit Update (PPC) / By

After carefully selecting the right board members, the next critical step for every not-for-profit (NFP) organization is training. Even highly qualified professionals need orientation to fully understand their roles and responsibilities within the unique governance environment of a nonprofit. This phase transforms well-intentioned advocates into informed stewards—ready to uphold fiduciary duties, strategic oversight, and long-term …

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SDA helped us put together a successful bid for creating our massive entertainment village in downtown Ft. Lauderdale. They're amazing to work with! Very professional and supportive. We look forward to continuing to work with SDA as we grow.
Jeff John, Damn Good Hospitality Group
JEFF JOHNCEO, Damn Good Hospitality Group
SDA served as a consultant for us while we were doing project management for a construction job. They have excellent business acumen, are highly professional and truly value being a partner with us. We enjoy our relationship with SDA and look forward to continued future success.
MARK BLANCHARD
MARK BLANCHARDVP Strategic Development, AECOM
We’ve worked with SDA for several years on various projects within our legal and finance departments. They also helped us secure a grant for our new practice facility in downtown Fort Lauderdale. SDA really is the smarter way to do business!
Matthew Caldwell
Matthew CaldwellPresident & CEO, Florida Panthers Hockey Club
Tanya and the SDA team have done a great job for us - especially in helping us navigate and resolve some complex issues surrounding our audit work. They've been a consultant for us for a number of years and have also been consistently supportive of our community efforts. We truly value our relationship with SDA.
W. Ajibola Balogun - City Manager, City of West Park
W. Ajibola BalogunCity Manager, City of West Park
SDA has always done excellent work. Our financial auditing and bond control reviews are completed thoroughly and timely, and their team has been very accessible to help us address and analyze key issues whenever they may arise. In short, they’re a solid business partner we’re grateful to have.
Jennifer Andreu
Jennifer AndreuFormer Assist. Super., Miami-Dade County Public Schools
We are so pleased with the experience that we’ve enjoyed over the past 20 years with SDA. All of you were so timely and resourceful, serving as a trusted business partner, assisting with our fiscal controls, handling our financial auditing, smart bonds work and more. We couldn’t be happier with your services.
Torey Alston
Torey AlstonFormer Board Member, Broward County School Board
As the mayor of one of South Florida’s leading cities, I know it takes an incredible team around you in order to achieve a citywide vision for your constituents. SDA is one of those highly reliable teams I’m proud to say supports us well in our efforts of continuous improvement, accountability and transparency for the people of the city of Miramar.
Mayor Wayne Messam
Mayor Wayne MessamCity of Miramar, Florida
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