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Case Study: Financial Clarity with Modern Nonprofit Accounting Software

The Charity CFO

This is built upon our mission and values.” To learn more about how The Charity CFO can use technology to streamline nonprofit accounting, you can set up a consultation here. What is the actual goal in a nonprofit accounting setup? Or, put another way, What does the ideal accounting system look like?

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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. with this overview of nonprofit accounting basics. . What is nonprofit accounting? That’s really all that accounting is, so don’t let the terminology intimidate you. .

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Restorative Compensation: Moving from Theory to Practice

NonProfit Quarterly

Image credit: fizkes on istock.com This article accompanies the recent NPQ webinar, “ Compensation Equity: Operationalizing Justice Values in Nonprofit Pay Structures ,” presented by the authors. They are asking: “Is how we pay our own workers in alignment with our proclaimed values and external-facing work?”

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Accounting for In-Kind Donations to Nonprofits

The Charity CFO

There are two steps to properly accounting for in-kind donations: establishing fair market value and recording the revenue and expense transactions associated with your in-kind gifts. Step #1: Establish Fair Market Value . How to calculate fair market value for in-kind goods: . Estimated Value: $0.79

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Cryptocurrency for Nonprofits: 6 Things You Need to Know

The Charity CFO

The 6 Things You Need to Know About Cryptocurrency for Nonprofits. The global cryptocurrency market cap peaked at over 3 trillion dollars in November 2021. In 2021 we started to see some of that wealth spread, with over $300 million in crypto donations to nonprofits and charities. Cryptocurrency is more than just Bitcoin .

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Stuck in a Staffing Crisis? 3 Reasons Your Recruiting Might Not Be Working

The Charity CFO

Many people who work in the nonprofit sector join an organization because they have a passion for the cause. In addition, most workers place high value on jobs with comprehensive benefits in addition to reasonable wages. You’ll need to assess and adjust your payroll budget to stay competitive in the job market.

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7 Reasons to Hire a Third-Party Specialist to Manage Your Google and Microsoft Ad Grants

Nonprofit Megaphone

From delivering services to fundraising, cultivating partnerships and collaborations, developing marketing and communication strategies, managing finances, and so much more. Nonprofits have a lot to deal with, and limited resources. Digital marketing is an essential aspect of a nonprofit organization’s marketing.