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?

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The Charity CFO

APRIL 15, 2022

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. And they’re tired of the hamster wheel of hiring, re-hiring, training, and re-training bookkeepers and accountants. So why do accountants leave nonprofit organizations?

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The Charity CFO

JANUARY 5, 2022

Functional expense reporting confuses many first-time nonprofit bookkeepers and executives. But, because most for-profit companies don’t track functional expenses, they’re just not familiar with it. But it is need-to-know-information in the nonprofit world. So why do nonprofits track functional expenses?

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The Charity CFO

FEBRUARY 2, 2022

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. Why do nonprofits need to file Form 990? Full accounting of income, expenses, and donors.

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Nonprofit Tech for Good

NOVEMBER 18, 2012

On Wednesday, November 14 Pinterest rolled out business accounts for brands and the best news is that there is a new “Institution/Non-profit” category. Thankfully, the process to upgrade your nonprofit’s Pinterest profile to a business account is extremely easy and fast.

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The Charity CFO

JANUARY 13, 2022

In-kind donations help your nonprofit get the resources you need to carry out your programs without asking for more cash. But accounting for in-kind donations presents its own unique challenges. In this article, we’ll dig into how to account for in-kind donations on your nonprofit’s books.

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The Charity CFO

APRIL 27, 2022

For more nonprofit accounting resources check out www.thecharitycfo.com. You’re not just a consultant that happens to work with a nonprofit organizations with a nonprofit industry. You also spend quite a bit of time working with nonprofits, not just as clients, but you are also, um, a board.

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