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 [...]
Give Finance Back Its Time: How Self-Service Reporting Helps Your Organization Move Faster
If you work in nonprofit finance, you’ve probably experienced one or more of these questions: A budget manager needs a [...]
What Are Admin Expenses?
Employee salaries, purchasing office supplies, and paying the electric bill so the lights keep working are all examples of the admin costs.
The CHC CFO Playbook: Turning the $50 Billion Rural Health Transformation Program into Real-Time Financial Intelligence
If you oversee the finances for a community health center, you are acutely aware of how Medicaid is changing with [...]
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?
Signs Your Systems Are Broken (And You’ve Just Learned to Live with It)
We all know that CFO. Sharp, experienced, good at their job, and the crown jewel of their department is a [...]
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 [...]
From Gatekeeper to Trusted Advisor: How Finance Becomes a Thought Leader
Let’s be direct: the phrase “thought leader” is a little uncomfortable, especially for nonprofit finance people. It sounds like something [...]
Why Fund Accounting Makes Restricted Funds Easier to Manage
If you’ve ever tried to keep track of restricted donations using a mix of color-coded spreadsheets and a little bit [...]
Using Funding Pipeline Reports to Adapt to Changing Conditions, Lower Risks, and Spur Innovation
To stay proactive, nonprofit organizations must not be afraid to peer into the future and consider a wide variety of [...]
