Making a Case for Calculating Your Nonprofit’s Indirect Costs
If the 500-piece puzzle you are working on only has 475 pieces, you would not only have gaps in the [...]
Responsive Philanthropy: How to Address Community Needs in Time of Crisis
Operations at Headwaters Foundation for Justice, a foundation that invests in grassroots organizations across Minnesota, were humming along well. The [...]
Shifts in Nonprofit Finance: Looking Back at 30 Years of Evolving Technology
Manual typewriters. Paper checks. Handwritten ledger books. A bottle of bleach at the ready for ink-inscribed mistakes. This isn’t the [...]
The 10 Most Popular ENGAGE Articles Published in 2022
Hundreds of ENGAGE articles have been written by outstanding leaders and subject matter experts across the social good community in [...]
3 Signs Your Organization Needs a Nonprofit Accounting System
When you are just getting started as a nonprofit, you are focused on getting an accounting system that fits your [...]
How COVID-19 Changed the Nonprofit and Local Government Funding and Reporting Landscape
If you’re a nonprofit or local government agency or work alongside them, there is a good chance you have seen [...]
3 Imperatives for the Modern Nonprofit CFO in the Digital Age
As nonprofit finance leaders, we are charged with empowering our teams with the technology, skills, and support they need to [...]
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.
7 Step Policy Guide for Creating Operating Reserves
Establishing and documenting a formal reserves policy is a best practice that should be adopted by all nonprofits.
5 Reasons Your Nonprofit Needs an Operating Reserve
There has long been a popular misconception—if a nonprofit has money, it must not need money. However, “not-for-profit” does not mean “no surpluses allowed.”