4 Nonprofit Financial Statements and How to Create Them
Effective financial management equips you to make the most of your nonprofit’s limited resources. To produce meaningful reports to help [...]
5 Ways Fund Accounting Simplifies Food Bank Reporting
When people in your community are hungry, you look for any opportunity to be more efficient so you can spend [...]
GAAP for Nonprofits: How to Reconcile GAAP and Non-GAAP Results
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?
Statement of Activities (SOA): A Nonprofit’s Income Statement Equivalent
Learn how nonprofits use a Statement of Activities report to showcase the organization’s financial performance and build trust with donors. [...]
Statement of Cash Flows: How Nonprofits Track Inflow and Outflow of Money
A Statement of Cash Flows is a detailed financial view used by nonprofit organizations to track inflows and outflows of money. [...]
Untangling (and Preparing for) the New Uniform Grant Guidance
Top ten updates that will be implemented on October 1, 2024 It’s the news that all our grant enthusiasts and [...]
9 Best Practices for Strong Nonprofit Financial Management
Smart money moves are vital for nonprofits. You’ve got to use funds wisely, aligning with your mission and honoring donor [...]
Streamlining Government Grant Compliance: A Checklist for Nonprofits
Government grants and contracts can be an excellent funding opportunity if you have the staff to do the reporting work [...]
Nonprofit Accountant vs. Fractional CFO: The Key Differences
Effective nonprofit financial management is a team effort. Having multiple people working on your organization’s finances helps ensure accuracy—not only [...]
Finance Best Practices for Your Grantmaking Organization
As a grantmaker, you expect organizations you support to manage their awards effectively, accurately, and responsibly. Those same expectations should [...]
