Redpath Insights

Nonprofit Accounting and the Financial Ratios To Watch - Redpath

October 14, 2021 - Joe Khawaja is the Chief Financial Officer for Twin Cities Habitat for Humanity. He oversees finance, accounting, audits, and technology for the $32M/year organization. Prior to Habitat, Joe held financial leadership roles with...

How to Properly Allocate Expenses in Your Nonprofit Financial Statements (and Why It Matters)

July 1, 2021 - Common sense tells us that every business needs to know how money is being spent in order to know if the business is truly profitable. Both efficiency and profitability matter to nonprofits as much as any business โ€“ and properly...

What MN Nonprofits Need to Know About Unemployment Claims Right Now

April 29, 2021 - Employers across the country saw a dramatic surge in unemployment due to the COVID-19 pandemic and nonprofits were not spared, with around 40% of nonprofit employees filing unemployment claims as of a November 2020 report from...

What Nonprofits Can Do to Recover from the Coronavirus Crisis

May 13, 2020 - As states begin to allow businesses to open and employees return to work, there is a mix of optimism and concern regarding employee safety and the health of the economy. Nonprofits are no different. Many nonprofits nationwide have...

The CARES Act and Charitable Contributions

May 7, 2020 - The CARES Act that President Trump signed into law on March 27, 2020, contained significant provisions related to charitable deductions, providing many individuals and corporate donors with greater flexibility. New $300 Deduction...

Resources to Help Nonprofit Leaders Navigate the COVID-19 Crisis

April 10, 2020 - Health experts are predicting the next two weeks will be the most difficult stretch in time during the COVID-19 crisis in the United States. For many nonprofit organizations struggling to provide assistance to their clients,...

Covid-19 Update: MN DEED and SBA Disaster Loans, Individual Tax Extension

March 23, 2020 - The Minnesota Department of Employment and Economic Development (DEED) has shared information about the U.S. Small Business Administration (SBA) Economic Injury Disaster Loans which are now available for Minnesota businesses.

The Minnesota Disaster Recovery Fund and the Novel Coronavirus

March 19, 2020 - The Saint Paul and Minnesota Foundation has established a donation site to collect and redistribute funds to be allocated for coronavirus response efforts by the nonprofit community in Minnesota.

Updates to Tax Extenders, Refunds, Tax-Exempt Transportation Benefits

December 26, 2019 โ€” On December 20, 2019, the President signed into law the Taxpayer Certainty and Disaster Tax Relief Act of 2019, generally extending a number of โ€œTax Extendersโ€ (bills that are routinely set to expire in one to three year...

Redpath Donates $18.1k to TreeHouse

St. Paul, Minnesota (March 8, 2019) โ€“ Accounting firm Redpath and Company, Ltd. (Redpath) donated $18,100 to TreeHouse.