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. [...]
Budget vs. Forecast for Nonprofits: Why You Need Both
You have a budget. It felt right when you built it. It was approved with buy-in from across your organization. [...]
AI in Fund Accounting: Why Agents Are the Next Step
Finance teams aren’t asking for additional AI-enabled bells and whistles, no matter how shiny. They want a reprieve from too [...]
Changemaker Spotlight Q&A: Donna Albaum, Donna Klein Jewish Academy
This Q&A series aims to provide readers with valuable insights from changemakers across the social impact community. Donna is the [...]
Your Nonprofit Accounting Single Source of Truth Only Works When People Can Actually Use It
The board asks a simple question. “How much do we have in unrestricted?” You give a number. Then development gives [...]
Give Finance Back Its Time: How Self-Service Reporting Helps Your Organization Move Faster
If you work in nonprofit finance, you’ve probably experienced one or more of these questions: A budget manager needs a [...]
3 Tips to Better Manage Accounting for Your Ticket Sales
Arts & Cultural organizations tend to have more unique revenue streams than any other type of nonprofit. So, today I'll share a few tips to better manage accounting for your ticket sales.
What Are Admin Expenses?
Employee salaries, purchasing office supplies, and paying the electric bill so the lights keep working are all examples of the admin costs.
GAAP for Nonprofits: Why the Numbers Differ and How to Explain the Gap to Your Board
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?
Nonprofit Accounting Compliance: Why Grant-Funded Organizations Need Fund Accounting
Don’t jeopardize your nonprofit compliance with a commercial accounting system. Grant-funded organizations know nonprofit accounting compliance is a must-have for [...]
