Activism, Non-Profits and Nonprofit Accountability

The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

AUGUST 15, 2023

The nonprofit sector is full of rewarding and impactful careers because it plays a crucial role in addressing various social, environmental, and humanitarian challenges. In this section, we will debunk the three most common nonprofit accounting myths. Ready to dive deep into this exciting realm?

Nonprofit Accountability

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

5 Challenges Nonprofits Face in 2024

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?

Non-Profits

Non-Profits Nonprofit Accountability Finance Nonprofits

Statement of Financial Position: Reading a Nonprofit Balance Sheet

The Charity CFO

JANUARY 25, 2022

PRO TIP: The Statement of Financial Position is the same report that a for-profit company calls the Balance Sheet. If your team or board are more familiar with the for-profit terminology, referring to the Statement of Financial Position as ‘Balance Sheet is fine.’ If not, it’s a non-current asset.

Non-Profits

Non-Profits Nonprofits Values Nonprofit Accountability

Webinars

How To Cultivate Community Affinity Throughout The Generosity Journey

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What Are Net Assets?

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.

Non-Profits

Non-Profits Finance Food Nonprofit Accountability

Nonprofit Accounting Basics for Founders, Board Members & Executives

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

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

Solving the ‘Founder’s Syndrome’ Problem in Nonprofits

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.

Nonprofits

Nonprofits Non-Profits Nonprofit Administration and Development Leadership

How to Step Up Your Nonprofit Social Media Strategy & Increase Donations

Nonprofit Marketing Insights by GlobalOwls

FEBRUARY 24, 2021

Get the most out of it for your nonprofit by following the tips below. The impact of your non-profit is something worth sharing in and off the web. As a nonprofit, you have access to benefits on social media that normal accounts and for-profit businesses don’t have access to. So what are your goals?

Non-Profits

Non-Profits Social Enterprise Social Enterprise Nonprofits

ASC 606 Nonprofit Revenue Recognition Rules for Exchange Transactions

The Charity CFO

AUGUST 30, 2022

ASC 606 Revenue Recognition for Nonprofit Organizations. All US businesses, for-profit and nonprofit, were subject to new revenue recognition standards starting by 2019. Nonprofit accounting departments often move slowly, so while hopefully you’ve already implemented these standards, you should ensure that you have.

Non-Profits

Non-Profits Nonprofits Associations Nonprofit Accountability

Making Events Accessible for Everyone

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.

Non-Profits

Non-Profits Children Education Education

Which IRS Form 990 Should Your Nonprofit File?

The Charity CFO

FEBRUARY 2, 2022

In fact, as a nonprofit organization, the expectations for transparency and accountability are higher than those for for-profit businesses. Why do nonprofits need to file Form 990? Full accounting of income, expenses, and donors. Balance sheet that matches the profit and loss information .

Non-Profits

Non-Profits Nonprofits Activism Foundations

Set Up a Nonprofit Chart of Accounts (Free Template)

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.

Insurance

Insurance Nonprofit Accountability Non-Profits Nonprofits

Beyond Donations: Growing Your Mission with Earned Income

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.

Non-Profits

Non-Profits Public and Nonprofit Management Values Foundations

How to Escape the Nonprofit Starvation Cycle

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.

Non-Profits

Non-Profits Nonprofits Finance Nonprofit governance and management

Building Better Solutions for the Nonprofit Community

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?

Non-Profits

Non-Profits Nonprofits Public and Nonprofit Management Philanthropy

PODCAST: Understanding Fundraising & Human Behavior

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.

Fundraising

Fundraising Fundraising Non-Profits Nonprofit Administration and Development

Cleaning Up the Skeletons in Your Financial Closet

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?

Finance

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

Nonprofit Leadership Zone

The Complete Guide to Nonprofit Accounting Careers

5 Challenges Nonprofits Face in 2024

Statement of Financial Position: Reading a Nonprofit Balance Sheet

Webinars

What Are Net Assets?

Nonprofit Accounting Basics for Founders, Board Members & Executives

Solving the ‘Founder’s Syndrome’ Problem in Nonprofits

How to Step Up Your Nonprofit Social Media Strategy & Increase Donations

ASC 606 Nonprofit Revenue Recognition Rules for Exchange Transactions

Making Events Accessible for Everyone

Which IRS Form 990 Should Your Nonprofit File?

Set Up a Nonprofit Chart of Accounts (Free Template)

Beyond Donations: Growing Your Mission with Earned Income

How to Escape the Nonprofit Starvation Cycle

Building Better Solutions for the Nonprofit Community

PODCAST: Understanding Fundraising & Human Behavior

Cleaning Up the Skeletons in Your Financial Closet

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