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

Fundraising Coach

OCTOBER 25, 2023

Resources like the Google Ad Grant offer additional ways to boost your nonprofit’s online presence, but each marketing tool you add to your strategy requires time and energy. Professional grant management allows your nonprofit to unlock the power of the Google Ad Grant while saving your team’s time for other marketing endeavors.

Management 52

Management Nonprofits Energy Activism 52

The Charity CFO

APRIL 18, 2024

It’s no secret that running a nonprofit isn’t always easy, especially if you don’t know what challenges await you in the coming months. Luckily, we’ve put together a list of the five most common challenges for nonprofits in 2024. Let’s look closer at the challenges nonprofits will face in 2024–and how to solve them!

Non-Profits 52

Non-Profits Nonprofit Accountability Finance Nonprofits 52

The Charity CFO

FEBRUARY 27, 2024

Effective budget tracking is essential to financial transparency, efficient resource allocation, and strategic planning for your nonprofit. Tracking your budget helps with overall budget management, which contributes to your financial stability and the success of your nonprofit mission.

Finance 52

Finance Nonprofit governance and management Public and Nonprofit Management Nonprofits 52

The Charity CFO

MAY 31, 2022

It’s a myth that all stakeholders need to be experts in every aspect of nonprofit finances. Even on nonprofit financial committees, some members may be skilled in accounting, others in banking, and others in investing or financial analysis. Because the basics of nonprofit finances are easy to grasp. . For instance….

Nonprofit Finance 98

Nonprofit Finance Finance Nonprofit governance and management Nonprofits 98

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?

Finance 52

Finance Nonprofits Nonprofit Accountability Management 52

The Charity CFO

JUNE 7, 2023

Nonprofit financial statements. 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.

Nonprofit governance and management 52

Nonprofit governance and management Finance Activism Management 52

The Charity CFO

DECEMBER 21, 2021

Many nonprofit founders think that they won’t have to worry about taxes. So if you’re new to nonprofit accounting , you shouldn’t make too many assumptions about which taxes you will (or won’t) have to pay. . A note on the term “nonprofit:” There are 27 different nonprofits types in the federal tax code.

Public and Nonprofit Management 85

Public and Nonprofit Management Nonprofit governance and management Nonprofits Law 85

Top Nonprofits

JUNE 29, 2023

One of the main benefits of registering as a 501(c)(3) nonprofit is that your organization is exempt from paying most taxes. However, it might lead you to wonder whether your nonprofit is also exempt from audits. Do all nonprofits conduct audits? Do all nonprofits conduct audits? What are the benefits of auditing?

Finance 52

Finance Nonprofit governance and management Nonprofits Nonprofit Accountability 52

The Charity CFO

OCTOBER 9, 2023

In many ways, new nonprofits can figure things out as they go, learning from their mistakes and making adjustments. However, that’s not the case with an organization’s accounting systems. Let’s take a closer look at nonprofit accounting systems, the most frequent mistakes, and how to avoid trouble down the road.

Nonprofit Accountability 59

Nonprofit Accountability Finance Activism Management 59

The Charity CFO

JANUARY 21, 2022

Nonprofits often receive donations or grants designated for a specific purpose–like a donation to a specific program or grant you have to spend within a calendar year. And the issue of restricted funds presents unique bookkeeping and accounting challenges for a nonprofit that a for-profit company doesn’t face.

Nonprofit governance and management 98

Nonprofit governance and management Public and Nonprofit Management Nonprofits Finance 98

Top Nonprofits

AUGUST 22, 2022

Nonprofit accounting is unique when compared to for-profit accounting. This is primarily because nonprofits agree to reinvest all of their revenue back into the mission at hand in exchange for tax-exempt status. Internal controls are policies and decisions made to prevent the misappropriation of nonprofit funds.

Finance 52

Finance Nonprofit Finance Leadership Nonprofit Accountability 52

Stanford Social Innovation Review

FEBRUARY 8, 2023

Interest in early-stage nonprofits within Korea’s social impact ecosystem has increased in recent years, and more and more are garnering financial and organizational support. million) to 15 nonprofits through its Impact Ground Project. million) to 15 nonprofits through its Impact Ground Project. billion won (about $9.7

Governance 104

Governance Nonprofit governance Nonprofit governance and management Universities 104

Get Fully Funded

FEBRUARY 23, 2021

Building an organization from the ground up is a challenge, but with the right nonprofit tools, the heavy lifting gets easier. There are SO MANY nonprofit tools out there, all promising to make your work easier as you grow your new nonprofit. Joining TechSoup should be the first technology task for your new nonprofit.

Nonprofits 105

Nonprofits Management Nonprofit Administration and Development Production 105

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!

Nonprofit Accountability 77

Nonprofit Accountability Finance Nonprofits Governance 77

Nonprofit Megaphone

JUNE 23, 2022

Your nonprofit does what you need to do to keep the core of your finances compliant. But this is often not enough for nonprofit organizations to get the most from their finances. In this guide, we’ll cover the core elements of healthy nonprofit financial management. This nonprofit suddenly lost its main source of revenue!

Finance 52

Finance Nonprofit Finance Nonprofit governance and management Nonprofits 52

Get Fully Funded

FEBRUARY 1, 2022

There’s nothing more exciting than making the decision to start a nonprofit! But first, you need to build a solid foundation so your nonprofit will thrive, not struggle. Seriously, about half of all new nonprofits don’t make it through the first year or so. Everyone starts a nonprofit to make a difference.

Nonprofit governance and management 111

Nonprofit governance and management Foundations Nonprofits Activism 111

The Charity CFO

APRIL 8, 2022

Starting a nonprofit organization can be confusing and tricky, especially if it’s your first time and you don’t have any experience filling out a 501c(3) application. However, filling out the application is an essential step in setting up a nonprofit charity with the full benefits of tax-exempt status.

Nonprofit governance and management 52

Nonprofit governance and management Nonprofit Accountability Nonprofits Activism 52

The Charity CFO

JANUARY 17, 2022

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. with this overview of nonprofit accounting basics. . What is nonprofit accounting? That’s really all that accounting is, so don’t let the terminology intimidate you. .

Nonprofit Accountability 98

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

The Charity CFO

DECEMBER 8, 2022

Grants are the lifeblood of nonprofits, giving them the much-needed cash injection to market the organization, fund a project, or get an initiative off the ground. Having a full grant pipeline increases your nonprofit’s chances of success and improves your visibility and credibility. 8 Best Practices When Accounting For Grants.

Nonprofit governance and management 52

Nonprofit governance and management Law Charitable Contribution Nonprofit Accountability 52

Nonprofit Tech for Good

JANUARY 5, 2019

By Julia Campbell , a social media and storytelling consultant for nonprofits and author of Storytelling in the Digital Age: A Guide for Nonprofits. She regularly provides useful tips and resources to the nonprofit sector through her blog, #501SocialBlog. adults actively using the site on a regular basis.

Nonprofits 103

Nonprofits Nonprofit Accountability Homelessness Activism 103

The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure. What is the actual goal in a nonprofit accounting setup?

Nonprofit Accountability 52

Nonprofit Accountability Finance Nonprofit Administration and Development Nonprofits 52

The Charity CFO

JANUARY 4, 2024

Imagine this: your nonprofit is busier than ever with fundraising events and field work to help make your community a better place. Hiring new employees–and retaining your existing ones–is a challenge for nonprofits and for-profit businesses alike. For example, a person follows a nonprofit closely on social media.

Recruitment 52

Recruitment Insurance Finance Values 52

Non Profit Accounting Academy

AUGUST 3, 2020

One standard applies only to nonprofits and covers contributions. The other standard applies to all entities, for-profit and nonprofit, and covers exchange transactions. Nonprofit organizations typically follow two patterns for entering income: All income is recorded as cash is received, or. How It’s Done Now. Contributions.

Nonprofit governance and management 52

Nonprofit governance and management Governance Public and Nonprofit Management Nonprofits 52

Non Profit Accounting Academy

MARCH 2, 2020

He was also perpetrating a nonprofit fraud by pocketing hundreds of thousands of dollars in stolen donations meant to help area residents in need. In Central Florida the Edyth Bush Institute conducts a compensation and benefits survey for various nonprofit positions and makes it available at no charge on their website.

Nonprofits 52

Nonprofits Public and Nonprofit Management Finance Universities 52

Get Fully Funded

OCTOBER 21, 2021

Online fundraising allows your nonprofit to earn donations from a wide audience, growing your network and raising more for your cause. Today, most modern nonprofits engage in at least limited online fundraising to engage supporters even while following social distancing guidelines. Applying to Fundraise Online. Legal Requirements.

Law 64

Law Fundraising Fundraising Public and Social Policy 64

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. How will you market to that particular audience?

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. How will you market to that particular audience?

Fundraising 52

Fundraising Fundraising Insurance Management 52

Nonprofit Tech for Good

JANUARY 7, 2024

In today’s digital age, nonprofit organizations are increasingly relying on online platforms to reach a wider audience and fulfill their missions. Google Ad Grants is a program that offers a unique opportunity for nonprofits to harness the power of Google Ads, providing them with up to $10,000 per month in free advertising credits.

Activism 113

Activism Nonprofits Advertising Nonprofit Accountability 113

Non Profit Accounting Academy

JANUARY 25, 2021

On December 27, 2020, a new Covid-19 relief bill called the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (“the new bill”) was signed into law. While the new bill includes many benefits, a few provisions are especially interesting for nonprofits. Paycheck Protection Program Round 2. The loan amount will be 2.5

Nonprofit Administration and Development 52

Nonprofit Administration and Development Law Retention Nonprofit governance and management 52

Nonprofit Tech for Good

JANUARY 10, 2022

Google Ad Grants are a terrific fundraising and marketing tool that Google makes available to nonprofits and charities. A Google Grant provides $10,000 each month to nonprofits to spend on Google Search ads. Google Grants can be a great fundraising option for almost all nonprofits. So what are Google Ad Grants ?

Public and Nonprofit Management 139

Public and Nonprofit Management Nonprofit governance and management Advertising Nonprofits 139

The Charity CFO

FEBRUARY 9, 2022

And you’re certainly not sure why your nonprofit should care about it. And crypto donations to nonprofits grew over 2200% to $300 million over the past 2 years. Cryptocurrency becomes a bigger force for good in the nonprofit sector year after year. The 6 Things You Need to Know About Cryptocurrency for Nonprofits.

Nonprofit Accountability 98

Nonprofit Accountability Nonprofits Values Technology 98

Nonprofit Marketing Insights by GlobalOwls

FEBRUARY 24, 2021

How to Step Up Your Nonprofit Social Media Strategy & Increase Donations. Get the most out of it for your nonprofit by following the tips below. Over half of people engaging with your nonprofit over social media take further action in the long run. Set Up Nonprofit Social Accounts.

Non-Profits 94

Non-Profits Social Enterprise Social Enterprise Nonprofits 94

Top Nonprofits

AUGUST 7, 2023

As a nonprofit professional, you know that every dollar counts when it comes to pursuing your mission. Fortunately, the government empowers nonprofits to achieve their goals by exempting them from paying taxes. To maintain your 501(c)(3) status, your nonprofit must file Form 990 or one of its variants each year.

Nonprofit governance and management 52

Nonprofit governance and management Nonprofits Technology Governance 52

The Charity CFO

APRIL 5, 2022

If you’re like many people, you probably think that there is a single set of accounting rules that every company must follow. . But that’s not quite true—nonprofits face a decision between 2 different accounting methods for tracking their financial activity: cash accounting vs. accrual accounting.

Construction 98

Construction Nonprofit governance and management Nonprofits Finance 98

NonProfit Hub

OCTOBER 20, 2022

Information and Tips on the Google Ad Grant for Nonprofits. The Google Ad Grant has provided free advertising for nonprofit organizations since 2003. This fantastic Google program grants each qualifying nonprofit up to $10,000 per month in search ads shown on Google.com. . You have 501(c)(3) status as a nonprofit.

Nonprofits 41

Nonprofits Advertising Management Education 41

Nonprofit Tech for Good

MAY 18, 2020

By Grant Hensel , CEO of Nonprofit Megaphone – an agency that specializes in Google Grant management for nonprofits. Nonprofit Megaphone is Google Certified and supports over 300 nonprofit clients. In short, the Google Grant provides nonprofits with $10,000 each and every month to spend on ads in Google Search.

Nonprofit governance and management 132

Nonprofit governance and management Public and Nonprofit Management Advertising Activism 132