Nonprofit Fixer

NOVEMBER 20, 2024

When you’re busy leading a nonprofit—developing program strategies, cultivating donors, supporting staff—thinking about accounting and finance can feel like an afterthought. But to be successful, nonprofit leaders need a functional grasp of the basics of nonprofit accounting and financial management.

Finance 52

Finance Nonprofit governance and management Public and Nonprofit Management Nonprofit Accountability 52

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 93

Nonprofit Accountability Nonprofits Finance Governance 93

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. However, most of it is actually the same.

Nonprofit Accountability 52

Nonprofit Accountability Nonprofit governance and management Non-Profits Public and Nonprofit Management 52

The NonProfit Times

NOVEMBER 14, 2024

By Alyssa Simard, CPA The success and integrity of nonprofit organizations hinge on the ability to steward financial resources effectively. It is paramount for nonprofit financial leaders to adopt a thorough approach to categorizing and reporting expenses and why it is a cornerstone of fiscal responsibility.

Public and Nonprofit Management 52

Public and Nonprofit Management Nonprofit Administration and Development Insurance Management 52

The Charity CFO

APRIL 15, 2022

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?

Nonprofit Accountability 52

Nonprofit Accountability Finance Nonprofits Public and Nonprofit Management 52

The Charity CFO

APRIL 19, 2022

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.

Nonprofit governance and management 93

Nonprofit governance and management Public and Nonprofit Management Finance Nonprofit Accountability 93

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 96

Nonprofit governance and management Public and Nonprofit Management Nonprofits Finance 96

Getting Attention

MARCH 9, 2015

Please post YOUR nonprofit marketing job here: Featuring jobs with nonprofit organizations, grantmakers, B Corps, and agencies and other vendors serving nonprofits. Account Coordinator, Digital Fenton Communications (Washington, DC). Associate Product Manager Wikimedia Foundation (San Francisco, CA). Tacoma, WA).

Communication 65

Communication Public and Nonprofit Management Nonprofit governance and management Associations 65

The Charity CFO

MAY 22, 2024

What do many successful nonprofits have in common? Good financial management. In nonprofits, managing your finances effectively is essential to running a sustainable organization. Not only does good financial management help keep your organization running, but it also helps bolster trust in your nonprofit.

Public and Nonprofit Management 52

Public and Nonprofit Management Finance Nonprofit Accountability Nonprofits 52

The Charity CFO

JANUARY 5, 2022

Functional expense reporting confuses many first-time nonprofit bookkeepers and executives. But it is need-to-know-information in the nonprofit world. Because you’re required to report functional expenses to complete your IRS 990 and maintain nonprofit status. Don't hire the wrong accountant for your nonprofit!

Non-Profits 79

Non-Profits Nonprofits Public and Nonprofit Management Finance 79

The Charity CFO

MAY 31, 2024

Transparency and accountability are two of the most important factors in nonprofit accounting. Donors, the board of directors, and the public all want to know what your organization does with the funds it brings in. Being transparent in your nonprofit accounting helps build trust in your organization.

Public and Nonprofit Management 52

Public and Nonprofit Management Finance Nonprofit Accountability Health 52

The Charity CFO

JULY 19, 2024

Bookkeepers, accountants, and Chief Financial Officers (CFOs) all serve critical roles in managing an organization’s finances. A bookkeeper is a financial professional responsible for recording and managing a nonprofit’s daily financial transitions. What is a Bookkeeper?

Public and Nonprofit Management 52

Public and Nonprofit Management Finance Nonprofit Accountability Education 52

The Charity CFO

APRIL 22, 2024

In many nonprofits, burnout is the emotional, physical, and mental exhaustion of employees due to prolonged stress. Understanding Burnout in Nonprofit Organizations Burnout at work can happen to anyone. Consider these four strategies to improve your workplace culture and reduce burnout in your nonprofit employees.

Public and Nonprofit Management 52

Public and Nonprofit Management Nonprofit Administration and Development Public and Social Policy Culture 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

Top Nonprofits

FEBRUARY 24, 2023

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. A full list of charitable purposes can be found in IRS Publication 557.

Finance 52

Finance Nonprofit governance and management Public and Nonprofit Management Non-Profits 52

The Charity CFO

JUNE 27, 2024

Leading a nonprofit organization isn’t just about passion–it’s about effective leadership. Nonprofit executive directors play an irreplaceable role in steering their organizations toward success. This guide will explore key strategies and insights to help you excel as a nonprofit executive director.

Public and Nonprofit Management 52

Public and Nonprofit Management Leadership Nonprofits Finance 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. ?? A Modern Nonprofit Podcast.

Finance 88

Finance Non-Profits Public and Nonprofit Management Nonprofit Administration and Development 88

The Charity CFO

MARCH 27, 2024

QuickBooks is a popular accounting software used by businesses and individuals nationwide. As a nonprofit leader, you’ve probably heard of QuickBooks or may have even used it before. And you might be wondering if you can use QuickBooks for your nonprofit accounting. Nonprofits also need to record expense receipts.

Public and Nonprofit Management 40

Public and Nonprofit Management Nonprofit governance and management Nonprofit Accountability Nonprofits 40

MNA Association

APRIL 6, 2023

When you started your 501(c)(3) nonprofit , one of the main benefits your organization received was an exemption from paying federal taxes. While your nonprofit likely doesn’t have the same sense of dread come tax season that for-profit organizations or individuals do, this doesn’t mean you can sit back and relax, either.

Nonprofit governance and management 52

Nonprofit governance and management Public and Nonprofit Management Nonprofits Nonprofit Accountability 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. Perhaps the losses, which totaled $(187,208) in 2016 and $(82,555) in 2017 prompted an investigation into the organization’s finances. Internal controls, anyone? Attorney’s Office].

Nonprofits 52

Nonprofits Public and Nonprofit Management Finance Universities 52

Blue Avocado

OCTOBER 22, 2024

The Gold Avocado series showcases some of the very best content that Blue Avocado has for nonprofit leaders, based on overall popularity, reader response, and quality. This Gold Avocado article highlights eight essential responsibilities of a nonprofit’s treasurer — with a focus on treasurers of all-volunteer organizations.

Public and Nonprofit Management 98

Public and Nonprofit Management Finance Public and Social Policy Management 98