NYS Audit Threshold Guidelines

As of July 1, 2021, the threshold triggering the requirement for an audit in NYS increased from $750,000 to more than $1 million of gross annual revenue and support. Nonprofits that conduct business and/ or raise funds in NY State are required to file an annual financial report with the Charities Bureau of the NY…

Hudson Valley Funders Network Launches New Effort to Help Region’s Nonprofits Adapt to COVID Realities

New Website Provides Access to Resources, Webinars & Supportive Information The Hudson Valley Funders Network—a leading group of charitable organizations in the region—is partnering with and funding the New York Council of Nonprofits (NYCON) to provide capacity building support and guidance to Hudson Valley nonprofit organizations reeling from myriad challenges brought on by the COVID-19…

Hudson Valley Nonprofits Struggling to Survive, Serve Under Pandemic Financial Burdens

Region’s Charitable Foundations Band Together to Explore Solutions Hudson Valley nonprofit organizations are struggling to survive the negative financial impacts brought on by the ongoing pandemic as they simultaneously strive to meet the growing needs of the many communities they serve, according to a recent survey of 291 nonprofits conducted by the New York Council…