The Charity CFO

DECEMBER 23, 2024

Whether you choose traditional payroll or a PEO, ensure that the provider understands the unique needs of nonprofit organizations. At The Charity CFO , we understand the complexities of nonprofit finances and operations.

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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). Business Development Manager Nonprofit Finance Fund (New York, NY).

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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.

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Top Nonprofits

MAY 24, 2024

Consult a nonprofit accountant While the best practices above are a great starting point, your advocacy group’s financial management will be unique to your organization’s operations and financial circumstances. Clearly define your expectations for the partnership so the accountant knows how to work smoothly with your team.

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The Charity CFO

JANUARY 5, 2022

If you want to report your functional expenses properly AND always have audit-ready financial reports at your disposal, an experienced nonprofit accountant can help. At The Charity CFO , we work exclusively with nonprofit organizations to give them accurate books, timely reports, and expert advice on their nonprofit finances.

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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

FEBRUARY 27, 2023

A position to oversee finances may sound a lot like an accountant, but there are important distinctions between the two. Many nonprofits do not have in-house accountants and choose to outsource instead. A new treasurer can face a steep learning curve, especially if they do not have a background in accounting.

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Top Nonprofits

JULY 2, 2024

However, typical savings accounts have a strict limit on how much FDIC coverage you can receive. Infinite Giving’s brokerage account guide explains the key differences in coverage for different types of nonprofit accounts: Standard nonprofit bank accounts can only access up to $250,000 in FDIC coverage.

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Top Nonprofits

FEBRUARY 24, 2023

Before you jump into branding and fundraising, though, remember that there are other important parts of maintaining your 501(c)(3) status and healthy nonprofit operations. Have a detailed financial plan and accounting system in place.

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Get Fully Funded

JULY 9, 2021

At File 990, we provide a simple online tax-filing process and equip organization leaders with insightful nonprofit tax tips. We understand the importance of strategic nonprofit finances and how your taxes play a crucial role in your accounting strategies so we’ve put together a quick resource to help you learn more.

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The Charity CFO

JULY 3, 2024

An easy solution is to work with a nonprofit accounting and financial firm, such as the Charity CFO, to help you organize and complete your review. We specialize in nonprofit accounting, so you can be sure we understand the complexities of nonprofit financial documents.

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Non Profit Accounting Academy

JANUARY 27, 2022

She earned a master’s degree in Accounting and her CPA license (now lapsed) in the 80’s. Her focus is on sharing with nonprofit finance directors her lessons learned from 25 years of on-the-job training. The post Reports Board Members Want: A CFO’s Perspective appeared first on Nonprofit Accounting Academy.

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The Charity CFO

JANUARY 12, 2024

At the same time, financial forecasting isn’t always easy—especially for nonprofit leaders who have other important obligations to focus on. At The Charity CFO , we’ve been trusted by hundreds of nonprofits to assist with everything from basic bookkeeping to financial forecasting and everything in between.

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NonProfit Leadership Alliance

FEBRUARY 18, 2025

Its no secret that effective financial management is critical for nonprofits to thrive. However, many aspects of nonprofit finance can be confusing or difficult to navigate, from deciding how much of your budget to spend on overhead to choosing an accounting platform to organize your records. Did you enjoy this story?

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