Your New Budgeting Superpower: Program-Based Budgeting
As a nonprofit finance leader, you are constantly aware of the many different pulls on your funding availability. One program [...]
Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting
As a nonprofit finance professional, you want all your data to be accurate. And payroll and grant reporting are two [...]
Statement of Financial Position: A Look at the “Balance Sheet” for Nonprofits
A Statement of Financial Position is a report used by nonprofits to provide a high-level summary of the financial status [...]
Best Practices for Mitigating Fraud in Not-for-Profit Organizations
An estimated $557 billion was donated by individuals, foundations, and corporations to charities in the United States in 2023. Regardless [...]
Strategies for Nonprofits Affected by QuickBooks Tag Depreciation
QuickBooks is depreciating the tags functionality in their accounting software starting March 8. If your nonprofit has chosen to use [...]
Don’t Make These Common Mistakes When Filing Your Form 990
Your tax-exempt status may keep you from having to file traditional tax returns, but maintaining the designation comes with its [...]
How to Evaluate a New Revenue Stream
You see the writing on the wall. Your revenue is overly dependent on a handful of major donors or a [...]
Operating Reserves as a Key Indicator of Financial Health
Just as the gauges on a car’s dashboard provide crucial information about its performance and physical condition, operating reserves serve [...]
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 [...]
