The Charity CFO

FEBRUARY 25, 2022

If you’re brand new to nonprofit accounting, the Chart of Accounts might be the best place to start. Because even if you only have one bank account, bill, investment, or expense, you’ll need one. What is a Chart of Accounts? Equity is referred to as Net Assets in the nonprofit world.

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The Charity CFO

OCTOBER 12, 2022

Since nonprofit organizations don’t profit from the money they make , the accounting processes for nonprofits look somewhat different than for-profit companies. And one of the key differences is that nonprofits talk about net assets rather than net income or equity. How to Calculate Net Assets.

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The Charity CFO

APRIL 18, 2024

For instance, working with a nonprofit accountant, like The Charity CFO, can help you reduce your risk of financial non-compliance. Nonprofit Technology Integration and Data Security One of the best things you can do for your nonprofit is to start leveraging data. Need Help Facing Nonprofit Accounting Challenges?

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Top Nonprofits

JULY 2, 2024

In a study shared by The Nonprofit Times , 38% of nonprofits reported some kind of expenses related to managing investments, such as paying for investment advising services. This means that more than a third of nonprofits have investment accounts and actively steward their funds by investing them.

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The Charity CFO

MARCH 2, 2022

For more nonprofit accounting resources check out www.thecharitycfo.com. ?? So now that we’ve looked at some of these accounting files and we’ve started seeing that doesn’t look right, what are some of the common issues you find when you take on some of our newest clients and look at their files?

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The Charity CFO

JANUARY 12, 2022

In this episode, you’ll find out: Ways for-profit companies can set up a nonprofit operation or foundation to advance their cause of choice. (4:19). The role every nonprofit founder has to own in order to grow their mission, and why that can be hard for many nonprofit leaders. (18:52). Thanks for watching.

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The Charity CFO

APRIL 6, 2022

That’s the solution that Mitch Stein set out to solve as a co-Founder of Pond, a website that helps connect nonprofits to solutions and providers in a trusting environment. So how did a former VP at Goldman Sachs end up serving nonprofits? And what can the for-profit world learn from the nonprofit world?

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The Charity CFO

MARCH 30, 2022

For more nonprofit accounting resources check out [link]. For more nonprofit accounting resources check out www.thecharitycfo.com. ?? Pretty much the, the big difference though, is if you have a, for profit, you are, there are some ownership, there is ownership of it. A not profit. And some profit.

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The Charity CFO

MARCH 9, 2022

For more nonprofit accounting resources check out www.thecharitycfo.com. Um, and you know, what we kind of learned through being really active in the community. Dr. Daniela Ferdico: In the non profit world, there’s so many of events that happen, right? Thanks for watching. Absolutely. Which brings, I think.

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The Charity CFO

APRIL 27, 2022

For more nonprofit accounting resources check out www.thecharitycfo.com. So, so that’s helpful understanding a little bit more about how people give and also, I mean, I guess you can kind of say why people spent, so you’ve worked with for-profit businesses, nonprofit businesses. Thanks for watching.

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The Charity CFO

DECEMBER 22, 2021

How you should think about money as a nonprofit leader (11:13). The #1 behavior you should adopt from for-profit entrepreneurs you need to learn from for-profit entrepreneurs (17:06). The ONE thing that all financially sustainable nonprofits have in common (24:36). I love that non-negotiable and wish list.

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