article thumbnail

4 Best Practices for Managing Advocacy Group Finances

Top Nonprofits

Effective financial management is essential for any organization. No matter your purpose, well-managed finances yield data-driven insights that allow those in financial positions to plan and achieve the organization’s goals. Your advocacy group’s leadership can also help ensure each policy aligns with compliance standards.

Finance 52
article thumbnail

Job Description For Nonprofit Finance Director

The Charity CFO

The finance director role is critical to the success of any nonprofit, making it one of the most important hires an organization can make. They handle all payroll and accounting functions and manage investments and fundraising efforts. A Bachelor’s Degree In Accounting, Finance, Or A Related Field Is Required.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Five Most Popular Nonprofit Articles of 2022

NonProfit Leadership Center

For nonprofit professionals, 2022 was another year of learning, adapting and innovating. During the past year, nonprofit leaders turned to the Nonprofit Leadership Center for resources and support to strengthen their organizations and communities. Financial Management for Nonprofits: The Role of the Nonprofit Finance Committee.

article thumbnail

Financial Oversight Guidelines for Nonprofit Boards

The Charity CFO

Financial oversight is one of the primary roles of your nonprofit board of directors. . Every nonprofit is required to have a board of directors. And they create a lot of confusion for people new to the nonprofit sector. Nonprofits are fundamentally different from other businesses. What is Financial Oversight?

article thumbnail

How to Preserve Existing Affordable Housing: The Value of Human Scale

NonProfit Quarterly

Most small buildings are what are known as “naturally occurring affordable housing” (NOAH), an industry term for buildings that have affordable rents without receiving public subsidies. Advocates are exploring a range of solutions, including joint ownership, targeted public investment, and housing preservation measures.

Values 111
article thumbnail

Getting Federal Money to Communities: A Story from Puerto Rico

NonProfit Quarterly

Image credit: Christian Ouellet on istock.com Financing challenges often stymie nonprofits. This reality became starkly evident in the journey of the Center for Habitat Reconstruction (CRH) seeking supplemental funding to keep a large public contract it had won. Yet even after having been awarded an $11.2

Finance 92
article thumbnail

Unlocking the Potential of Open 990 Data

Stanford Social Innovation Review

The social sector is using big data to enhance nonprofit transparency and knowledge more than ever before, and the opening of the Form 990 has made an essential contribution. Making more robust use of open 990 data requires that nonprofits, foundations, researchers, and the IRS and federal government alike commit to sustained action.