The Hidden Cost of a Cluttered Chart of Accounts
Every gardener knows that healthy growth requires occasional pruning. Left alone, a thriving tree will keep growing new branches. Some [...]
The Power of Connecting Data, People, and Processes in Higher Ed
Advancement, finance, scholarships, and the student information system (SIS) often run as separate systems, managed by separate teams, in separate [...]
How to Improve Transparency and Accuracy in Your 990 Filing
Earlier this year, the US Treasury announced the IRS plans to update Form 990. Framing the update as a transparency initiative, the [...]
Building Resilient Funding Models: Essential Tips for Nonprofit Finance Professionals
Nonprofit finance has evolved far beyond simply balancing budgets and producing reports. Today, finance leaders play a critical role in [...]
Survival in the New Age of Successful Grant Management
Let's take a look at the 3 key changes in grant management, what these changes mean for nonprofits, and how resources can prepare your org for survival.
The Accounting Bottleneck That’s Costing Nonprofit CFOs More Than Time
Every nonprofit CFO knows the feeling. It’s the second week of the month, the board meets in three days, and the numbers [...]
What to Consider When Integrating Your Nonprofit Accounting System and Your Fundraising CRM
You’re three minutes into a board meeting when a trustee points out that the fundraising report and the financial statement [...]
Beyond the Audit: Best Practices to Build and Strengthen Your Relationship with Your Audit Firm
Transparency and communication between you and your auditor help ensure the financial integrity of your books and records, as well [...]
Solving the Quiet Problem: Turning Your CHC’s New Financial Infrastructure into True Cost Intelligence
You wisely used Rural Health Transformation Program dollars to build a modern data warehouse and business intelligence layer for your community health [...]
Scenario Planning for Nonprofits: How to Build Action Plans for Financial Risks
Uncertainty is a way of life for many nonprofit organizations. A major funder shifts priorities. Service demand changes. Enrollment moves. [...]