Budget vs. Forecast for Nonprofits: Why You Need Both
You have a budget. It felt right when you built it. It was approved with buy-in from across your organization. [...]
How Nonprofits Improve Accounts Payable Efficiency with AP Automation
If your nonprofit finance team is looking to improve accounts payable efficiency, you’ll likely start by evaluating where automation can [...]
Your Nonprofit Accounting Single Source of Truth Only Works When People Can Actually Use It
The board asks a simple question. “How much do we have in unrestricted?” You give a number. Then development gives [...]
12 Nonprofit Revenue Streams to Help You Diversify
Imagine leaning the entire weight of your nonprofit’s mission on a single pillar. Whether it is a massive annual government [...]
The Crucial Role of Change Management for CFOs: Driving Sustainable Success in Nonprofit Finance
Leadership transitions, new fund accounting software, changes in reporting expectations—none of these are new pressures for nonprofit finance teams. What [...]
GAAP for Nonprofits: Why the Numbers Differ and How to Explain the Gap to Your Board
Have you ever had your board members scratch their collective heads when the development and finance teams report their results? Do you get questions on why the two never match up?
Strategic Planning That Strengthens Fundraising: A Roadmap for Nonprofit Leaders
Over the course of my career, I have sat through a lot of strategic planning meetings. Not one of them [...]
Nonprofit Accounting Compliance: Why Grant-Funded Organizations Need Fund Accounting
Don’t jeopardize your nonprofit compliance with a commercial accounting system. Grant-funded organizations know nonprofit accounting compliance is a must-have for [...]
Forecasts Don’t Have to be Perfect to be Powerful: Four Truths to Help Nonprofit Leaders Forecast Consistently
Cash flow is the number that keeps nonprofit executive directors up at night, and for good reason. According to the [...]
How to Manage Your Arts and Cultural Nonprofit’s Revenue Streams in Uncertain Times
Arts and cultural organizations have spent the last few years rebuilding audiences, reopening doors, and restoring programs. But even as [...]
