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 [...]
3 Best Practices for Streamlining Your Endowment Management
Endowments are the result of a successful long-term strategic plan. Through major giving and capital campaigns, your organization has created [...]
Nonprofit Budgeting and Forecasting Made Easy with Fund Accounting Software
It’s budget season, and the spreadsheet chaos has begun. But you want to make this year different. You want to [...]
I Signed up for What?! A Primer for Pre- and Post-Award Grant Readiness
In the last five years, nonprofits have witnessed a significant upswing in the availability of federal funding. Initiatives like the [...]
5 Ways Fund Accounting Simplifies Financial Reporting for Community Health Centers
With multiple points of accountability and dynamic funding sources, accounting professionals in community health centers face complex challenges. Not the [...]
