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Harry Fox, CPA

Harry Fox, CPA

Author's details

Name: Harry Fox, CPA
Date registered: July 22, 2011



Harry has been with ORBA for more than ten years and is the senior manager on numerous audits, reviews and monthly accounting work for closely-held businesses and not-for-profit organizations, including educational organizations, charitable foundations and social service agencies. He prepares tax returns for these types of organizations, as well as for individuals and closely-held corporations. Harry has extensive experience with analyzing financial statements, conducting tax research, performing due diligence services and providing training and support to both businesses and not-for-profit clients.

Latest posts

  1. Evaluating Your Fundraising Returns — November 3, 2017
  2. Eight Tips for Creating Your Own Survey — December 29, 2016
  3. Federal Funds and Your Audit Requirements — June 14, 2016
  4. Micro-Donations: Good Things Come in Small Packages — December 29, 2015
  5. The Real Costs of a Not-For-Profit — June 25, 2015

Author's posts listings

Nov 03

Evaluating Your Fundraising Returns

As competition continues to increase for contributions, donors have begun to look for more accountability and transparency from not-for-profits, especially regarding fundraising. Not only is the sum of money raised in campaigns meaningful, but how efficiently the money is raised is significant as well. 

Dec 29

Eight Tips for Creating Your Own Survey

An organization that wants to survey its members, donors or other constituents for feedback on a program or project, but has not created a survey before, should not fret. It just needs to keep in mind certain rules and the rest will follow. This article contains eight tips for writing an effective survey.

Jun 14

Federal Funds and Your Audit Requirements

Your organization has just received its first federal grant award and everyone is thrilled. As the celebration is going strong and everyone is in high spirits, the executive director mentions that she heard from a colleague that these federal awards come with extra strings attached. In such a case, your organization may be subject to a specialized audit called a Single Audit. In our latest Not-For-Profit Group blog, we break down what a Single Audit entails and the reporting requirements attached to this specialized audit.

Dec 29

Micro-Donations: Good Things Come in Small Packages

Donations to not-for-profit organizations plunged during the latest recession but have ever so slowly been edging their way to healthier levels ever since. However, many contributors today can only afford to give small gifts in a still-tight economy. This article discusses the advantages of asking for, and accepting, micro-donations. It also addresses the importance of appreciating these donors and substantiating their gifts.

Jun 25

The Real Costs of a Not-For-Profit

You have got it all figured out – after hours and hours of time spent planning, you are ready to start the perfect not-for-profit. You have a great mission statement that provides focus for your efforts, an eager staff of volunteers ready to get the word out, and the perfect plan to really serve the community. As you sit back and dream of future success, it suddenly hits you. What is this going to cost me?

Nov 24

Are You Ready for the New Omni Circular?

The Office of Management and Budget (OMB) has recently updated and streamlined the guidance that applies to federal awards. So what does this mean for a not-for-profit organization? Beginning with all new federal award contracts starting after December 26, 2014, not-for-profit organizations will be subject to changes in federal award requirements. This blog highlights the most significant changes.

May 29

Fundraising 101: Rule 1 – Not All Funds Are Created Equal

Types of funding vary greatly in how they can — or cannot — be used. This article discusses the differences between permanently restricted funds, temporarily restricted funds and unrestricted funds, and how to beef up donations of the latter.

Jan 14

Not-For-Profit Group Newsletter – Winter 2014

This edition focuses on two topics. The first article addresses how to manage and safeguard peer-to-peer fundraising efforts utilized to raise money for not-for-profits. The second article, “Newsbits,” discusses a court case, the concept of kaizen (continuous improvement) and results from a study focused on public support for community foundations.

Oct 16

Who Should Be Involved in the Not-For-Profit Budget Process?

With football season in full swing, the best teams are the ones that work together. A team may have the best coach, but without a good offense to contribute to the mix, they will get nowhere. A team with a great defense, but poor special teams, will also lose in the long run. In order to be successful, a team must have participation and contributions from all areas within their organization. Similarly, the best not-for-profits cannot rely solely on one area of the organization to prepare, update and review the budget. Rather, everyone must pitch in.

Three key players in the success of a not-for-profit are non-accounting personnel.

Mar 06

Should I Accept This Contribution?

With a contribution, the donor may place a requirement, or restriction, on the use of the funds. By accepting the contribution, an organization is also promising to use the funds in the manner that the donor has requested. Here are a few questions you should ask yourself before saying the magic word “yes”:

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