How to Develop Your Nonprofit Operating Reserves
There is no single correct solution – one size simply does not fit all when it comes to setting the amount for operating reserves.
Return on Mission: A Framework to Measure Success at Philanthropic Organizations
As a nonprofit organization, which factor do you believe best showcases the success of your mission? As with many multiple-choice [...]
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?
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 [...]