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.
Top Nonprofits
FEBRUARY 23, 2024
Despite their tax-exempt status, nonprofits must still follow certain tax requirements when managing staff payroll, such as filing Form 990. According to Double the Donation’s nonprofit accounting guide , nonprofits must also issue Form 1099 to contract workers who are paid at least $600 for their services.
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The Charity CFO
JANUARY 4, 2024
A good health insurance plan and paid time off are requirements for a lot of great employees. While you can’t make money appear out of nowhere, your nonprofit accountant can likely help you determine how to make compensation more competitive. They’ll go over comparable salaries from other organizations and review your budget.
The Charity CFO
APRIL 15, 2022
And show you how modern nonprofits are rethinking the way they handle specialized skills like HR and Accounting. In this episode, you’ll discover: The top 3 reasons nonprofit accountants walk out the door. Why turnover in the financial department is SO damaging for nonprofits. A Modern Nonprofit Podcast.
The Charity CFO
JANUARY 5, 2023
Your nonprofit budget should include the following parts: Estimated Revenue: Revenue sources include member dues and fees, events, merchandise, donations, grants, sponsorships, corporate giving, crowdfunding, fundraising, program income, loans, and program-related investments. Nonprofit Financial Management Statements and Reports.
Non Profit Accounting Academy
JANUARY 25, 2021
Vision and dental insurance. ASU 2020-05 extends the deadline for implementation of the new lease accounting standards (ASU 2016-02 and ASU 2018-01, codified in ASC 842) to fiscal years beginning after December 15, 2021. The post PPP Round 2 and Other Updates appeared first on Nonprofit Accounting Academy. Disability.
Fundraising Coach
APRIL 28, 2021
Purchasing insurance for the event. Be sure to work closely with your accounting team to make sure you’re in-line with your overarching budget and have effectively planned out each campaign for maximum profitability. The post Fundraising in the Black: 4 Accounting Best Practices appeared first on FundraisingCoach.com.
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