The Charity CFO

JANUARY 12, 2024

Financial forecasting is a term you’ll hear thrown around in the business world quite often—but in the world of nonprofits, it can be difficult (and even downright impossible) to plan your organization’s finances with any degree of certainty. What Is a Financial Forecast for Nonprofits?

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Finance Nonprofits Nonprofit Accountability Management 52

The Charity CFO

DECEMBER 27, 2023

Tax-exempt status makes it easier for your organization to retain nonprofit revenue and meet the goals of your mission. However, your nonprofit may engage in revenue-generating activities that don’t relate to the purpose of your organization. The nonprofit must have control over the charitable activities of the venture.

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The Charity CFO

JANUARY 5, 2023

Many nonprofit organizations tend to let their financial management slip on the backburner as they get busy fulfilling their mission. Sure, your mission should be a priority, but managing finances can’t be neglected either. Without a good grasp of your finances, your nonprofit risks: Exposure to fraud.

Management 52

Management Nonprofit governance and management Nonprofit Administration and Development Finance 52

NonProfit Leadership Alliance

OCTOBER 5, 2022

And having an effective budget is key for your organization’s overall financial health —as long as you’re able to follow it throughout the year. . However, due to the nature of nonprofit accounting, your organization may need to use several different budgets regularly. . Define the Types of Budgets You Need. Operational budget.

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The Charity CFO

JUNE 7, 2023

Nonprofit Financial Statements You are likely familiar with the different nonprofit financial statements that are typically included in a reporting package: Statement of Activities Statement of Financial Position Statement of Cash Flows Statement of Functional Expenses But we’d like to dive beyond the surface.

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NonProfit Hub

JUNE 29, 2021

This blog will be a great place to start, but if you find yourself praying no one asks you questions about the financials in your next board meeting, you may want to check out our Nonprofit Accounting Essentials course in partnership with The Charity CFO. . I signed on to further a cause, not to be the accountant!

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The Charity CFO

JANUARY 4, 2024

A good health insurance plan and paid time off are requirements for a lot of great employees. While you can’t make money appear out of nowhere, your nonprofit accountant can likely help you determine how to make compensation more competitive. They’ll go over comparable salaries from other organizations and review your budget.

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The Charity CFO

APRIL 5, 2023

Having a CPA as a resource, whether internally or outsourced will be crucial to understanding the basics of nonprofit accounting. Get our FREE GUIDE to nonprofit financial reports, featuring illustrations, annotations, and insights to help you better understand your organization's finances. Get the free guide!

Law 52

Law Nonprofits Nonprofit Accountability Finance 52

The Charity CFO

DECEMBER 8, 2022

The IRS has strict regulations on how to handle grants and charitable contributions, so it is essential that you understand the best practices when accounting for them. Because accurate nonprofit accounting can help with reporting and auditing requirements, and ensure that the funds are being used in accordance with the grantor’s wishes.

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The Charity CFO

JANUARY 17, 2022

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. You need to get a better grasp of your organization’s finances now. with this overview of nonprofit accounting basics. . What is nonprofit accounting? It’s a necessity.

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Nonprofit Accountability Non-Profits Nonprofit governance and management Public and Nonprofit Management 98

Fundraising Coach

APRIL 28, 2021

Effective organizational management is imperative for nonprofits to be successful in achieving their missions. Today, Jon Osterburg, Vice President of Sales and Marketing at Jitasa, lends the knowledge he’s gained helping over 100 nonprofits globally with their finances. Ready to dive deeper into profitable fundraising?

Fundraising 52

Fundraising Fundraising Insurance Management 52

Fundraising Coach

APRIL 28, 2021

Effective organizational management is imperative for nonprofits to be successful in achieving their missions. Today, Jon Osterburg, Vice President of Sales and Marketing at Jitasa, lends the knowledge he's gained helping over 100 nonprofits globally with their finances. Ready to dive deeper into profitable fundraising?

Fundraising 52

Fundraising Fundraising Insurance Management 52

The Charity CFO

MARCH 2, 2022

“I don’t know if my nonprofit’s accounting systems are bad… and I probably won’t know for sure until something bad happens.”. 99% of nonprofit founders we work with don’t have a background in finance. For more nonprofit accounting resources check out www.thecharitycfo.com. ??

Finance 98

Finance Non-Profits Public and Nonprofit Management Nonprofit Administration and Development 98

The Charity CFO

DECEMBER 22, 2021

The ONE thing that all financially sustainable nonprofits have in common (24:36). For more nonprofit accounting resources check out www.thecharitycfo.com. For more information on how to get your nonprofit financially established so that you can achieve your goals, visit CNRG Accounting Advisory @ [link].

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The Charity CFO

APRIL 27, 2022

For more nonprofit accounting resources check out www.thecharitycfo.com. To know that they’re really into mental health services for children on making something up. And then you keep doing more of the activities to stay on track with that. Why you need to “humanize” your communication. Thanks for watching.

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