7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2025
Working with a lean budget means even the slightest unexpected expense can create a stressful situation. Persistent inflation continues to [...]
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 [...]
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 [...]
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 [...]