Month: June 2026

Private Inurement and Excess Benefit Transactions: What Nonprofits Need to Know About IRS Compliance Risks

Nonprofit Update (PPC) / By

Tax-exempt organizations must operate in a way that ensures no part of their net earnings benefits private individuals or insiders. This foundational rule—known as the prohibition against private inurement—is central to maintaining exemption under Section 501(c)(3) of the Internal Revenue Code. When insiders receive improper financial benefits, even unintentionally, the organization may face serious consequences, …

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How Does ASU 2025-12, Codification Improvements, Affect Not-for-Profits?

Nonprofit Update (PPC) / By

The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2025-12, Codification Improvements, in December 2025 to clarify, correct errors, and resolve unintended applications of GAAP. While these 33 targeted improvements are not expected to cause major disruptions, several amendments specifically affect nonprofit organizations. This article highlights the changes most relevant to nonprofits and …

How Does ASU 2025-12, Codification Improvements, Affect Not-for-Profits? Read More »

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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