The Charity CFO

OCTOBER 12, 2022

Since nonprofit organizations don’t profit from the money they make , the accounting processes for nonprofits look somewhat different than for-profit companies. And one of the key differences is that nonprofits talk about net assets rather than net income or equity. Understanding Nonprofit Net Assets.

Non-Profits 52

Non-Profits Finance Food Nonprofit Accountability 52

NonProfit Hub

JUNE 29, 2021

This blog will be a great place to start, but if you find yourself praying no one asks you questions about the financials in your next board meeting, you may want to check out our Nonprofit Accounting Essentials course in partnership with The Charity CFO. . I signed on to further a cause, not to be the accountant!

Nonprofit Accountability 77

Nonprofit Accountability Finance Nonprofits Governance 77

The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure. This is built upon our mission and values.”

Nonprofit Accountability 52

Nonprofit Accountability Finance Nonprofit Administration and Development Nonprofits 52

Get Fully Funded

OCTOBER 26, 2022

The following checklist covers the basics of everything you need to get funded , become official, and stay organized: Define your nonprofit’s mission clearly. Start earning revenue for the organization. Take steps to incorporate your nonprofit. Organize your resources. Hire a motivated team. Plan for the future.

Finance 98

Finance Management Public and Nonprofit Management Nonprofits 98

EveryAction

JANUARY 25, 2023

Whether you’re a large nonprofit looking for different ways to amplify your mission or a small team trying to stretch your marketing dollars, it makes sense to first seek out free advertising for nonprofit organizations. Advertise your nonprofit on social media Brand recognition is super important for nonprofits!

Advertising 83

Advertising Recruitment Nonprofits Healthcare 83

The Charity CFO

APRIL 19, 2022

Or want to check out a nonprofit before you make a significant financial gift? Every nonprofit organization has swings in cash balances throughout the year. The calculation looks like this: As a nonprofit, you need to concern yourself specifically with unrestricted cash and cash equivalents. Maybe We Can Help.

Nonprofit governance and management 98

Nonprofit governance and management Public and Nonprofit Management Finance Nonprofit Accountability 98

The Charity CFO

JUNE 7, 2023

Or can your financial statements be a lens to view your organization and fuel the mission? In this post, we’ll walk through the most important financial statements, and explain the strategic benefit you can gain by pulling the maximum value from the data. The Charity CFO specializes in nonprofit accounting and bookkeeping.

Nonprofit governance and management 52

Nonprofit governance and management Finance Activism Management 52

The Charity CFO

JANUARY 21, 2022

Then you can track that money through your accounting system to see exactly how much is left, where it was spent, and how much value (net assets) it contributes to your organization. Unlike most accounting firms, we work exclusively with nonprofit organizations like yours. And inevitably lead to mistakes.

Nonprofit governance and management 98

Nonprofit governance and management Public and Nonprofit Management Nonprofits Finance 98

The Fundraising Authority

MAY 8, 2021

Google’s Ad Grant Program is one of the best resources out there for nonprofit organizations. Our guide will remove any confusion and help you decide if Google Ads is right for your organization. Many nonprofit organizations don’t have the time or resources to learn how to use Google Ads.

Nonprofit Accountability 60

Nonprofit Accountability Advertising Production Nonprofits 60

The Charity CFO

JANUARY 5, 2023

Many nonprofit organizations tend to let their financial management slip on the backburner as they get busy fulfilling their mission. Maintaining healthy financial management is critical for the organization’s sustainability, stability, and flexibility, now and in the future. Interdependence.

Management 52

Management Nonprofit governance and management Nonprofit Administration and Development Finance 52

Nonprofit Tech for Good

OCTOBER 17, 2021

Rather than compare nonprofit CRMs by the “ease of use” category alone, it’s important to analyze those particular fundraising software features that are currently causing you headache. Never underestimate the value of services that are designed to ensure you’re set for success from the moment you purchase your software and beyond.

Fundraising 121

Fundraising Fundraising Public and Nonprofit Management Nonprofits 121

The Charity CFO

DECEMBER 30, 2021

Instead, an independent nonprofit audit is something you choose to build trust in your nonprofit organization. In fact, the IRS doesn’t require nonprofits to be audited, but other federal and state agencies do in some circumstances. But it offers zero assurance as to the accuracy of your books. .

Nonprofits 98

Nonprofits Health Leadership Management 98

Non Profit Accounting Academy

AUGUST 3, 2020

The other standard applies to all entities, for-profit and nonprofit, and covers exchange transactions. Nonprofit organizations typically follow two patterns for entering income: All income is recorded as cash is received, or. Nonprofits receive contributions, also known as gifts, grants or donations. How It’s Done Now.

Nonprofit governance and management 52

Nonprofit governance and management Governance Public and Nonprofit Management Nonprofits 52

The Charity CFO

FEBRUARY 9, 2022

Which means that a single investor who aligns with your values could change the trajectory of your organization in a few moments. And that’s why accpeting cryptocurrency for nonprofits is so critical. Bitcoin dominates the space, representing over 40% of all cryptocurrency value. And you get a 25% larger donation.

Nonprofit Accountability 98

Nonprofit Accountability Nonprofits Values Technology 98

Nonprofit Tech for Good

JANUARY 7, 2024

In today’s digital age, nonprofit organizations are increasingly relying on online platforms to reach a wider audience and fulfill their missions. For personalized guidance tailored to your nonprofit’s specific needs, schedule a free consultation with a Google Ad Grants Specialist at Webup! What is Google Ad Grants?

Activism 113

Activism Nonprofits Advertising Nonprofit Accountability 113

The Charity CFO

AUGUST 30, 2022

ASC 606 Revenue Recognition for Nonprofit Organizations. All US businesses, for-profit and nonprofit, were subject to new revenue recognition standards starting by 2019. Nonprofit accounting departments often move slowly, so while hopefully you’ve already implemented these standards, you should ensure that you have.

Non-Profits 98

Non-Profits Nonprofits Associations Nonprofit Accountability 98

The Charity CFO

FEBRUARY 25, 2022

If you’re brand new to nonprofit accounting, the Chart of Accounts might be the best place to start. Because even if you only have one bank account, bill, investment, or expense, you’ll need one. What is a Chart of Accounts? Account Description. Value of donated goods and services .

Insurance 98

Insurance Nonprofit Accountability Non-Profits Nonprofits 98

Nonprofit Megaphone

MARCH 7, 2024

Running a successful nonprofit organization requires accomplishing a long list of goals. Nonprofits have a lot to deal with, and limited resources. Digital marketing is an essential aspect of a nonprofit organization’s marketing.

Management 52

Management Advertising Finance Marketing 52

The Charity CFO

JANUARY 12, 2022

This week on A Modern Nonprofit, Bill Woolsey joins us to talk about how nonprofits can diversify their revenue streams with earned income opportunities, and tips for making sure those opportunities align with your mission and values. For more nonprofit accounting resources check out [link]. Thanks for watching.

Non-Profits 52

Non-Profits Public and Nonprofit Management Values Foundations 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

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.

Fundraising 98

Fundraising Fundraising Non-Profits Nonprofit Administration and Development 98

The Charity CFO

APRIL 5, 2022

Accrual accounting allows you to match your expenses with your revenue in the period in which they occurred. It also allows you to properly recognize the value of non-cash assets or liabilities that may offset revenue or expenses in that period (like when you sell inventory or receive in-kind gifts).

Construction 98

Construction Nonprofit governance and management Nonprofits Finance 98

Get Fully Funded

APRIL 15, 2021

You see, in business accounting, money made beyond the cost to run a business is known as a profit. The confusion is that nonprofit accounting uses a different word for the money left over beyond its expenses: surplus. Because nonprofits are not owned, there is no one to receive the hypothetical profit. It’s easy to tell.

Non-Profits 90

Non-Profits Nonprofit governance and management Universities Education 90

Nonprofit Tech for Good

MAY 18, 2020

Let’s make the Grant more tangible: how are real nonprofit organizations using it? . Nonprofits are using the Grant in the following ways: . You must be an IRS-approved 501(c)(3) nonprofit organization. The application is available through Google for Nonprofits. Example Use Cases: Google Grant Case Studies.

Nonprofit governance and management 132

Nonprofit governance and management Public and Nonprofit Management Advertising Activism 132

NonProfit Hub

OCTOBER 20, 2022

Information and Tips on the Google Ad Grant for Nonprofits. The Google Ad Grant has provided free advertising for nonprofit organizations since 2003. This fantastic Google program grants each qualifying nonprofit up to $10,000 per month in search ads shown on Google.com. . Sign into Google for Nonprofits. .

Nonprofits 41

Nonprofits Advertising Management Education 41

The Charity CFO

MARCH 2, 2022

For more nonprofit accounting resources check out www.thecharitycfo.com. ?? You used to audit nonprofit organizations back in the day, similar to me, but while I was the CFO of a nonprofit, you were my auditor. And when I left that organization, you actually took my spot. So really interesting stories.

Finance 98

Finance Non-Profits Public and Nonprofit Management Nonprofit Administration and Development 98

NonProfit Quarterly

FEBRUARY 27, 2024

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?”

Psychology 109

Psychology Values Governance Culture 109