The Charity CFO

DECEMBER 27, 2023

Does your nonprofit have ownership of a for-profit entity? Whether your organization owns a for-profit company outright or has limited ownership, a for-profit subsidiary can have serious tax implications for your nonprofit. The IRS can potentially charge your organization federal income taxes on your unrelated earnings.

Charitable Contribution 52

Charitable Contribution Activism Nonprofits Healthcare 52

Top Nonprofits

FEBRUARY 23, 2024

Whether you’re investing in fundraising software or paying for programs to fulfill your mission, your nonprofit’s budget requires careful allocation of expenses. This means you must carefully allocate your payroll expenses—but how? This means you must carefully allocate your payroll expenses—but how? Let’s get started!

Management 52

Management Finance Nonprofit Finance Insurance 52

The Charity CFO

MARCH 27, 2024

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. The answer is yes, QuickBooks Online can be configured for nonprofit use. Nonprofits also need to record expense receipts.

Public and Nonprofit Management 40

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

The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. Nonprofits are subject to a lot of legal and financial scrutiny.

Nonprofit Accountability 52

Nonprofit Accountability Technology Nonprofits Finance 52

Fundraising Coach

OCTOBER 12, 2023

As a nonprofit professional, you understand the importance of filing Form 990 in a timely and accurate manner. However, did you know that you can gain valuable insights about your nonprofit from your Form 990 that can help you obtain donors ? The answer depends on a number of factors specific to your nonprofit.

Nonprofit governance and management 52

Nonprofit governance and management Public and Nonprofit Management Health Nonprofits 52

The Charity CFO

JANUARY 26, 2023

Nonprofit leaders have an especially hard time understanding, preparing and filing their returns. You see, a 501 nonprofit corporation is recognized as tax-exempt by the IRS but this doesn’t mean they are exempt from filing taxes. Fortunately, filing taxes for a nonprofit doesn’t need to be stressful.

Public and Social Policy 52

Public and Social Policy Nonprofit governance and management Public and Nonprofit Management Finance 52

Top Nonprofits

FEBRUARY 13, 2024

Nonprofits are typically composed of hardworking professionals who wear many hats. However, some areas of nonprofit work require more specialization. There are three ways for your nonprofit to access accounting services, each of which comes with its own pros and cons: Hiring an accountant in-house. Let’s get started!

Nonprofit governance and management 59

Nonprofit governance and management Finance Nonprofit Accountability Nonprofits 59

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 52

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

The Charity CFO

DECEMBER 8, 2022

Grants are the lifeblood of nonprofits, giving them the much-needed cash injection to market the organization, fund a project, or get an initiative off the ground. Having a full grant pipeline increases your nonprofit’s chances of success and improves your visibility and credibility. What is a Grant? Scholarships. Outreach initiatives.

Nonprofit governance and management 52

Nonprofit governance and management Law Charitable Contribution Nonprofit Accountability 52

Non Profit Accounting Academy

AUGUST 3, 2020

One place you may stumble into an audit surprise is with the new revenue recognition standards. One standard applies only to nonprofits and covers contributions. The other standard applies to all entities, for-profit and nonprofit, and covers exchange transactions. How It’s Done Now. New Revenue Standards.

Nonprofit governance and management 52

Nonprofit governance and management Governance Public and Nonprofit Management Nonprofits 52

Nonprofit Tech for Good

FEBRUARY 6, 2022

Although the most popular accounting software products- like QuickBooks and SAP- handle the needs of businesses in many industries, nonprofits have a unique business model and accounting standards and require different features and functionality from accounting software. How are Nonprofit’s Financial Goals Different?

Nonprofit governance and management 120

Nonprofit governance and management Public and Nonprofit Management Non-Profits Nonprofits 120

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

Candid

MAY 13, 2021

Running a nonprofit is often a balancing act. . Most nonprofit leaders and staff tend to focus on the mission solely, but they also have to accomplish basic business tasks to keep the organization going. Many nonprofit leaders hesitate to spend money on administrative expenses. Be prepared for unexpected costs and expenses.

Management 111

Management Technology Nonprofits Finance 111

Get Fully Funded

JUNE 5, 2023

When set up right, your nonprofit accounting system will help you manage your nonprofit and streamline processes like budgeting, projecting cash flow, and even hiring. Most people who start or lead nonprofits aren’t numbers people. We’ve worked with nonprofits that ignored their Quickbooks and just did the minimum to get by.

Nonprofit Accountability 98

Nonprofit Accountability Nonprofit governance and management Finance Management 98

The Charity CFO

OCTOBER 2, 2023

Bringing in money from significant contributors like foundations is vital for many nonprofits. Understanding Donations and Loans and Their Impact on Nonprofits It’s important to be clear about what we’re discussing before considering the benefits and drawbacks.

Foundations 59

Foundations Finance Nonprofits Law 59

Top Nonprofits

AUGUST 22, 2022

Nonprofit accounting is unique when compared to for-profit accounting. This is primarily because nonprofits agree to reinvest all of their revenue back into the mission at hand in exchange for tax-exempt status. Internal controls are policies and decisions made to prevent the misappropriation of nonprofit funds.

Finance 52

Finance Nonprofit Finance Leadership Nonprofit Accountability 52

Nonprofit Tech for Good

MARCH 3, 2024

By Stephanie Wallace , Marketing Specialist, Keela – a complete software solution for nonprofits looking to grow revenue, centralize and manage data, and deepen donor engagement. As a nonprofit organization, securing funding is essential to fulfilling your mission and driving meaningful change in your community.

Management 84

Management Collaborations Technology Nonprofits 84

The Charity CFO

SEPTEMBER 28, 2022

If you manage a nonprofit, you know very well that every day there are a million and one things to be done. But it’s often seen as “busywork,” it rarely makes the priority list, and under-staffed nonprofit teams often fall behind. But nonprofit bookkeeping doesn’t have to be so stressful.

Finance 105

Finance Nonprofits Nonprofit Accountability Law 105

Get Fully Funded

FEBRUARY 20, 2023

Every nonprofit has a Board of Directors. You see, it means that hundreds of people are sitting on nonprofit Boards and have NO IDEA what they said “yes” to. If your Board members and staff aren’t clear about the Board’s responsibilities, the nonprofit is set up for a big mess. And this is a problem. And concerning.

Nonprofit governance and management 116

Nonprofit governance and management Recruitment Public and Social Policy Governance 116

NonProfit Hub

JULY 17, 2020

You’ve been getting your revenue primarily from memberships, conferences for members, and fundraising ? Let’s say the system you decide on is well-known for how it managed members, events, and fundraising. Your nonprofit’s staff was used to an old, clunky system that didn’t do much. But there’s one glaring problem ?

Nonprofit governance and management 54

Nonprofit governance and management Finance Technology Management 54

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. These entities rely on donations, grants, membership fees, and program revenue to stay operational. . The truth is, many nonprofits tend to fumble when it comes to their books. .

Nonprofit Accountability 52

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

Fundraising Coach

JULY 13, 2020

When you have accessible data about your donors that is stored well and easy to sift through, your nonprofit will have the tools you need in order to build relationships with those supporters. . Some donors find themselves, very much like many nonprofits, stretched thin financially. These best practices include: .

Management 107

Management Public and Nonprofit Management Retention Nonprofits 107

The Agitator

NOVEMBER 28, 2017

Early Tuesday morning, before the sun was up, I checked in with Steve MacLaughlin , Blackbaud’s VP of Data and Analytics and author of The Data Driven Nonprofit. Steve’s early morning prognostication was that 2017 #GivingTuesday would again set records despite this year’s repeated calls for disaster relief funds.

Disaster Relief 85

Disaster Relief Fundraising Fundraising Nonprofits 85

iMarketSmart

JANUARY 10, 2024

How Does AI with Machine Learning Get Used to Build Caseloads of Major Donors? AI and machine learning are the new buzzwords in the prospect identification field proposing yet another solution to the challenge of building caseloads of major donor prospects. Let’s start with understanding what we’re talking about.

Participation and motivation 59

Participation and motivation Fundraising Fundraising Values 59

Get Fully Funded

FEBRUARY 22, 2022

As your nonprofit starts to blossom, don’t be surprised if you are conflicted over how much to spend on nonprofit administration, especially fundraising. But you have to spend some money on running your nonprofit. This is a WHOLE other issue – how to succeed at direct mail fundraising.). And fundraising.

Nonprofit Administration and Development 132

Nonprofit Administration and Development Fundraising Fundraising Nonprofits 132

Nonprofit Marketing Insights by GlobalOwls

SEPTEMBER 29, 2020

A Guide to Outsourcing for Nonprofit Organizations. Are you struggling to find the right people to help you grow your Nonprofit? Let’s have a look at how non-profit organizations can use the outsourcing model to achieve the top benefits offered by this popular form of human resource services. billion by 2027.

Nonprofit Organizations 59

Nonprofit Organizations Nonprofit Organizations Non-Profits Informational Technology 59

Nonprofit Megaphone

OCTOBER 4, 2023

GA4 Replaces UA’s Sessions Tracking With Event-Based Tracking One of the most fundamental differences between UA and GA4 is how they approach tracking. This shift has profound implications for how advertisers measure user engagement and conversions. For advertisers, this transition is both an opportunity and a challenge.

Universities 52

Universities Advertising Management Marketing 52

Fundraising Coach

JULY 13, 2020

When you have accessible data about your donors that is stored well and easy to sift through, your nonprofit will have the tools you need in order to build relationships with those supporters. . Some donors find themselves, very much like many nonprofits, stretched thin financially. These best practices include: .

Management 52

Management Public and Nonprofit Management Retention Nonprofits 52

iMarketSmart

AUGUST 14, 2019

If you can’t make it that day, sign up anyway and you’ll get the recording at no cost. But I also feel strongly that stewardship is the key to success for nonprofits that decide to use these tools. This is a long post because there’s a lot to be said. . A webinar on September 18th. 12Law.com. ? DoYourOwnWill. ?

Insurance 40

Insurance Production Law Advertising 40

The Charity CFO

APRIL 5, 2022

But that’s not quite true—nonprofits face a decision between 2 different accounting methods for tracking their financial activity: cash accounting vs. accrual accounting. Is your nonprofit required to use accrual accounting? The core difference between cash and accrual accounting systems is when you record financial transactions.

Construction 98

Construction Nonprofit governance and management Nonprofits Finance 98

Nonprofit Tech for Good

FEBRUARY 27, 2012

The following is an excerpt from Chapter 1 of Social Media for Social Good: A How-To Guide for Nonprofits. Pundits and bloggers in the nonprofit sector often lament the inability of social media to raise money for nonprofits. Make Sure Your Nonprofit’s Information in GuideStar Is Current. It’s true that Web 2.0

Nonprofits 91

Nonprofits Fundraising Fundraising Children 91

The Charity CFO

JANUARY 19, 2023

Accounting standards for nonprofits are probably not the first thing you think about, but are crucial for your organization to succeed. Nonprofit organizations distinguish themselves from for-profit entities through their purpose and mission.

Public and Social Policy 52

Public and Social Policy Finance Nonprofits Nonprofit Accountability 52

The Charity CFO

FEBRUARY 2, 2022

Every tax exempt nonprofit must file IRS Form 990 (Return of Organization Exempt from Income Tax) every year. That’s right, your nonprofit needs to file an IRS return. In fact, as a nonprofit organization, the expectations for transparency and accountability are higher than those for for-profit businesses.

Non-Profits 98

Non-Profits Nonprofits Activism Foundations 98

Get Fully Funded

JUNE 29, 2021

You started your nonprofit because you saw a need in your community and felt inspired to meet that need. But doing good doesn’t pay the nonprofit’s bills, unfortunately. To make this happen, you MUST think of your nonprofit like a business — and run it that way. You have to establish your brand. You need a marketing plan.

Insurance 116

Insurance Nonprofits Food Marketing 116

The Charity CFO

DECEMBER 28, 2022

As a nonprofit leader, your financial stewardship is important to remain compliant with the IRS. Not only that, these statements need to be sound and easy to understand so as to provide a window into the financial health of your nonprofit. But what are the financial statements? Statement of Financial Position. Liabilities.

Non-Profits 52

Non-Profits Finance Nonprofit governance and management Nonprofits 52

Nonprofit Marketing Blog

MARCH 18, 2009

In plain English, this is a useful annual study that give you a sense of how 24 big national nonprofits are doing with their online fundraising. I think this is caused by two things: the poor track record of nonprofits in cultivating online donors and the fact that many online donors are reacting to a crisis.

Retention 40

Retention Philanthropy Values Fundraising 40

NextAfter

MAY 17, 2023

By the way: if you’re looking for a step-by-step, in-depth guide to setting up and using GA4—created just for digital fundraisers and nonprofit organizations—you can get free access to our comprehensive course, Google Analytics 4 for nonprofits , expertly taught by Chris Mercer, founder of Measurement Marketing.

Retention 87

Retention Universities Activism Values 87