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 [...]
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 [...]
Taking the Guesswork out of Managing Restrictions with a Fund Accounting Solution
You know how important it is to manage your funds according to their purpose and source. That includes ensuring that [...]
