How to Boost Efficiency in Your K–12 Business Office with AP Automation
So much of education is moving digital—textbooks, grade cards, and even field trips. But many business offices rely heavily on [...]
Financial Reviews vs. Financial Audits: Making the Right Choice for Your Nonprofit
Most nonprofit organizations work with a firm to do their annual financial audit. But some organizations might benefit from a [...]
Types of Grants That Every Nonprofit Should Know
Of the many ways a nonprofit organization can get funding, grants often seem like the holy grail. Fill out a [...]
How Nonprofits Can Manage Cash Flow During Financial Challenges
When times are good, knowing your cash flow can help you find opportunities for investment. But when your organization faces [...]
Statement of Functional Expenses: How Nonprofits Track Spending
A Statement of Functional Expenses (SFE) is a financial report used by nonprofit organizations to categorize and detail how funds [...]
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 [...]
