Statement from NYSSCPA President J. Michael Kirkland:
"The passage of the Nonprofit Revitalization Act brings a 21st century refresh to the rules and regulations that govern not-for-profit organizations in New York State.

This legislation allows this vital sector to operate more efficiently, improve operational transparency and increase accountability to the public. Most notably, the revenue threshold limits that trigger required audits have been raised to be more in line with the current size and scope of organizations that require such oversight and provide relief to smaller organizations.

This proposal is a welcomed step for all of the state's nonprofits, many of which for years have experienced the frustration of navigating a system governed by archaic rules and regulations that drain resources from mission-critical programs, especially those providing critical social services to New Yorkers hardest hit by the recent recession.

The NYSSCPA looks forward to working with legislators and state officials in the future to further improve not-for-profit organization laws."

The Nonprofit Revitalization Act of 2013 – which was approved by both the New York State Assembly and Senate on Friday, June 21 - is now awaiting N.Y. Governor Andrew Cuomo's signature to become law. The bill represents the largest overhaul of New York nonprofit law since 1970.
Many of the NYSSCPA's 29,000 members provide services within the state's nonprofit sector as auditors hired by these organizations, professional staff members, or through volunteer service on their boards of directors.