GRF CPAs & Advisors is a professional services firm providing audit and assurance, tax services, outsourced accounting, and advisory solutions to clients worldwide. Since 1981, the firm has worked with nonprofits, associations, government contractors, other for-profit businesses, and individuals. For more about our services or to request additional information, visit our website at
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In this episode, Tricia Katebini and Yevgeniy Sukhenko discuss the topic of restricted revenue. Restricted revenue refers to funds donated to an organization with specific limitations imposed by the donor on how or when the money can be used. These restrictions can be temporary, such as funds designated for a particular project or time period, or permanent, like endowments where only the investment income can be utilized. Proper management and accounting of restricted funds are crucial for nonprofits to ensure compliance with donor intentions and legal obligations.
Join us for GRF’s fourth annual Nonprofit State of the Union. This year’s theme focuses on turning the traditional nonprofit business model upside down. Our all-star lineup of nonprofit subject matter experts will explore practical ways nonprofits can reshape their operations to better respond to evolving economic, social, and technological changes.
