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Nonprofit Accounting Services: The Right Solution

The Charity CFO

What should you look for when evaluating nonprofit accounting services? Nonprofit organizations exist to further a mission or goal. Whether you are an educational, charitable, religious, sports, or other public-benefit organization, you need to have a good handle on your finances in order to make the most impact.

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Why Do Nonprofit Accountants Quit?

The Charity CFO

During the “Great Recession,” nonprofits have lost their accountants and financial directors at record rates. At the same time, hundreds of nonprofits are waking up to realize that the financial structure they’ve always relied on doesn’t work as well any more. So why do accountants leave nonprofit organizations?

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Top 5 Nonprofit Financial Red Flags According to a CPA

The Charity CFO

As a CPA working exclusively with nonprofits and a former nonprofit auditor, I’ve looked at thousands of nonprofit financial statements over the past 10 years. Over the years, I’ve identified a set of 5 nonprofit financial red flags that are fairly common and almost always lead to trouble sooner or later.

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The Accounting Basics Every Nonprofit Team Member Should Know

NonProfit Hub

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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501(c)(3) Checklist: Preparing for Nonprofit Status

Top Nonprofits

If you’re looking into starting a nonprofit, you’re likely passionate about a particular cause. You know that your first step is creating a nonprofit and you start by establishing a brand, building a website, and getting the word out. This purpose might be religious, scientific, literary, or educational.

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Donor-advised Funds Are Misunderstood, Bound to Be Regulated, and Not Going Anywhere

iMarketSmart

The bill would introduce new reporting requirements for donor-advised fund sponsoring organizations “for the purpose of helping the Attorney General determine whether the funds or accounts managed by the donor-advised fund are being administered properly.”

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Building Better Solutions for the Nonprofit Community

The Charity CFO

Why is it so hard for nonprofits to find the help they need? From choosing a fundraising software to getting financial advice to finding a grant writer, nonprofits struggle to find good help. 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?