The Charity CFO

APRIL 1, 2025

This isnt just a checklistits a proven framework for building a financially strong, scalable nonprofit. WHY WE CREATED THE CHARITY CFO FINANCIAL BLUEPRINT Over the years, our team of nonprofit accounting and CFO professionals has developed a deep understanding of the patterns behind nonprofit financial successand failure.

Finance 87

Finance Leadership Nonprofit Finance Culture 87

The Charity CFO

JULY 1, 2024

Choosing the right accounting services is crucial for the financial health of your nonprofit. The right nonprofit accountant helps your organization properly manage its finances, which improves trust and transparency with stakeholders and donors.

Nonprofit Accountability 52

Nonprofit Accountability Public and Nonprofit Management Finance Technology 52

The Charity CFO

MARCH 28, 2024

Your nonprofit accounting system might not be the most exciting part of your organization, but it’s one of the most important aspects. An effective accounting system helps you stay in compliance with tax and legal regulations–helping you maintain your exempt status. However, effective accounting isn’t just about following rules.

Nonprofit Accountability 52

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

The Charity CFO

NOVEMBER 10, 2022

What should you look for when evaluating nonprofit accounting services? Nonprofit organizations exist to further a mission or goal. The truth is, many nonprofits tend to fumble when it comes to their books. . Sound financial management helps avoid jeopardizing tax-exempt status and the success of your operation. .

Nonprofit Accountability 52

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

The Charity CFO

AUGUST 15, 2023

Myths of Nonprofit Accounting and Why They Matter to Job Seekers Unfortunately, many job seekers fall victim to the stereotypes and believe the myths surrounding nonprofit accounting. 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 Charity CFO

APRIL 26, 2024

That’s why it’s so important to know what to look for in a nonprofit accountant. The next step is to ask your potential nonprofit accountant a few questions to see if they’d be a good fit for your organization. Here are seven questions to ask a nonprofit accountant before working with them.

Nonprofit Accountability 52

Nonprofit Accountability Finance Nonprofits Ethics 52

Get Fully Funded

JANUARY 16, 2024

Now that your new nonprofit is up and running, developing a solid foundation for financial management should be a top priority. The ins and outs of nonprofit accounting may seem overwhelming at first, but effectively recording and reporting your organization’s finances is essential to fund your mission.

Nonprofit Accountability 52

Nonprofit Accountability Nonprofit governance and management Nonprofit Administration and Development Finance 52

Fundraising Coach

APRIL 14, 2025

While many nonprofit accounting activities revolve around compliance, they also help your organization evaluate its spending and revenue generation to make the most of its resources and demonstrate financial responsibility to its supporters. Tracking financial data is similarly vital. Statement of activities. Statement of cash flows.

Nonprofit Accountability 52

Nonprofit Accountability Nonprofit governance and management Finance Nonprofits 52

The Charity CFO

DECEMBER 23, 2024

As a nonprofit leader, you’re constantly looking for ways to streamline operations and maximize resources. When it comes to managing your organization’s workforce, you have two primary options: traditional payroll services or a Professional Employer Organization (PEO).

Nonprofit Administration and Development 52

Nonprofit Administration and Development Law Finance Nonprofits 52

The Charity CFO

MARCH 23, 2023

Nonprofit accounting financial statements may seem like a chore. Nonprofits use financial statements to comply with IRS regulations, build trust with donors, and plan for the future. You may think that nonprofit financial statements are the same as those at for-profit companies, but this is not the case.

Nonprofit Accountability 52

Nonprofit Accountability Finance Activism Nonprofits 52

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. Policies for Good Financial Management. Accountability for everyone involved.

Management 52

Management Nonprofit governance and management Nonprofit Administration and Development Finance 52

Top Nonprofits

MAY 24, 2024

Effective financial management is essential for any organization. No matter your purpose, well-managed finances yield data-driven insights that allow those in financial positions to plan and achieve the organization’s goals. Your advocacy group’s leadership can also help ensure each policy aligns with compliance standards.

Finance 52

Finance Management Public and Nonprofit Management Nonprofit Accountability 52

Top Nonprofits

JULY 2, 2024

Managing your nonprofit’s finances is about more than just raising money and recording what you earn and spend. It also involves financial stewardship—the practice of saving, storing, and investing your cash reserves wisely to boost your organization’s long-term financial health. 38% of nonprofits report managing investments.

Management 52

Management Nonprofit governance and management Non-Profits Finance 52

Nonprofit Marketing Guide

MARCH 9, 2022

Despite all of these perks (and much to my mother’s dismay) in the summer of 2014, I made the jump from this well-resourced corporate marketing gig to working at a small community development nonprofit with an equally small budget. If $54 is still a stretch for your budget, I recommend a free nonprofit account with Canva.

Marketing 157

Marketing Marketing Advertising Production 157

Top Nonprofits

FEBRUARY 23, 2024

In this guide, we’ll explore how to manage payroll for your staff. The first step to effectively manage staff payroll is to gain a holistic understanding of your employees’ efforts and compensation. This data is crucial to effective financial management and nonprofit compliance, especially for annual filings such as Form 990.

Management 52

Management Finance Nonprofit Finance Insurance 52

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).

Communication 65

Communication Public and Nonprofit Management Nonprofit governance and management Associations 65

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

MAY 31, 2022

Yet all nonprofit leaders, including board members, directors, and finance committee members, should have at least a basic understanding of nonprofit finances. But if you bring zero experience in accounting or financial management to your organization, that’s okay. Step #2: What do they own ? And what do they owe ?

Nonprofit Finance 90

Nonprofit Finance Finance Nonprofit governance and management Nonprofits 90

The Charity CFO

MAY 31, 2024

Transparency and accountability are two of the most important factors in nonprofit accounting. Being transparent in your nonprofit accounting helps build trust in your organization. For-profit businesses also call the statement of financial position a balance sheet, and many nonprofits do the same.

Public and Nonprofit Management 52

Public and Nonprofit Management Finance Nonprofit Accountability Health 52

The Charity CFO

JULY 12, 2024

The type of accounting your organization uses could be holding you back from getting the most out of your accounting system. While many nonprofits start with cash-basis accounting due to its simplicity, this method often falls short of providing a comprehensive view of a nonprofit’s financial health.

Health 52

Health Nonprofit Accountability Finance Nonprofits 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

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

Top Nonprofits

FEBRUARY 13, 2024

Nonprofits are typically composed of hardworking professionals who wear many hats. While each staff member may have a specific title like “fundraising director” or “project manager,” they often take on a wider range of responsibilities. No matter which option you choose, make sure your accountant specializes in nonprofit work.

Nonprofit governance and management 59

Nonprofit governance and management Finance Nonprofit Accountability Nonprofits 59

Get Fully Funded

AUGUST 16, 2024

In this guide, we’ll explore the basics of creating and managing a nonprofit COA, starting with three simple steps you can take to develop this document. Work With a Nonprofit Accountant. When handling your nonprofit’s finances in any capacity, a professional’s expertise is always your best bet for getting it right.

Nonprofit Accountability 52

Nonprofit Accountability Finance Nonprofits Construction 52

The Charity CFO

DECEMBER 30, 2021

It confirms your compliance with federal grant management standards. For example, 26 states require an audit before a nonprofit can earn charitable registration — necessary for in-state fundraising. And, the Office of Management and Budget requires an audit when a nonprofit spends more than $500,000 in federal funds in a year.).

Nonprofits 91

Nonprofits Health Leadership Management 91

The Charity CFO

JULY 3, 2024

The middle of the year is the perfect time to pause and reflect on your nonprofit organization’s financial health. A midyear financial review helps you identify problems early and align your nonprofit’s financial performance with planned goals. Ensure restricted and unrestricted funds are being managed properly.

Finance 52

Finance Health Nonprofits Nonprofit Accountability 52

The Charity CFO

DECEMBER 8, 2022

But in order to get the most out of these grants, you need to understand how to properly manage and account for them. The IRS has strict regulations on how to handle grants and charitable contributions, so it is essential that you understand the best practices when accounting for them. Conduct regular audits.

Nonprofit governance and management 52

Nonprofit governance and management Law Charitable Contribution Nonprofit Accountability 52

The Charity CFO

AUGUST 27, 2024

An organization’s Key Performance Indicators (KPIs) provide a clear measure of how well the nonprofit is maintaining financial health while working toward its mission. Many nonprofits must balance their goals with limited resources or strict compliance regulations. Unsure of which KPIs you should be tracking for your nonprofit?

Health 52

Health Nonprofits Finance Nonprofit Accountability 52

The Charity CFO

MARCH 29, 2024

Do you know the financial health of your nonprofit organization? Knowing where your finances stand is essential to effective nonprofit management. One of the best ways to get a quick read on your organization’s financial health is to compare your nonprofit budget to actual performance.

Finance 52

Finance Nonprofits Health Nonprofit Accountability 52

The Charity CFO

APRIL 22, 2024

In addition to communication, you can help reduce burnout by prioritizing employee wellness and mental health. Offering wellness programs, family-friendly policies, or other mental health benefits for employees gives them the resources they need to proactively manage stress and stop burnout.

Public and Nonprofit Management 52

Public and Nonprofit Management Nonprofit Administration and Development Public and Social Policy Culture 52

The Charity CFO

JUNE 7, 2023

Evaluating Expenses : Evaluate the expenses incurred by the nonprofit, such as program expenses, administrative costs, fundraising expenses, etc. It enables financial analysis to identify cost-saving opportunities, manage expenses, and ensure efficient resource allocation. accounts payable, loans). accounts payable, loans).

Nonprofit governance and management 52

Nonprofit governance and management Finance Activism Nonprofits 52

The Charity CFO

JANUARY 12, 2024

By projecting revenues and expenses, nonprofits can develop realistic budgets that align more closely with their goals and priorities. Strategic Planning Nonprofits can also use financial forecasts to gain insights into the future financial health and sustainability of the organization. Get in touch with our team today.

Finance 52

Finance Nonprofits Nonprofit Accountability Management 52

The Charity CFO

MAY 22, 2024

You can use financial KPIs to get a better idea of the overall financial health of your organization. This ratio can help you get a better idea of your organization’s financial health and operational efficiency. Volunteer Engagement Good volunteer management is essential to successful nonprofit activities.

Nonprofit Organizations 52

Nonprofit Organizations Nonprofit Organizations Nonprofit Administration and Development Retention 52

Nonprofit Megaphone

JUNE 23, 2022

Whether you need to take some simple steps to solidify your financial management approach or completely overhaul it, your organization will be able to accomplish more for your mission when you’ve fine-tuned your strategy. In this guide, we’ll cover the core elements of healthy nonprofit financial management.

Nonprofit Finance 52

Nonprofit Finance Finance Nonprofit governance and management Nonprofits 52

The Charity CFO

APRIL 24, 2024

Some of the most common KPI categories for nonprofits include financial, program-related, and operational metrics. Financial KPIs Financial KPIs are often some of the most important indicators of the health of an organization. These KPIs are especially good tools for tracking employee and volunteer satisfaction.

Nonprofits 52

Nonprofits Retention Finance Nonprofit Accountability 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. Ready to dive deeper into profitable fundraising?

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. Ready to dive deeper into profitable fundraising?

Fundraising 52

Fundraising Fundraising Insurance Management 52