Nonprofit Megaphone

JUNE 23, 2022

Your nonprofit does what you need to do to keep the core of your finances compliant. But this is often not enough for nonprofit organizations to get the most from their finances. In this guide, we’ll cover the core elements of healthy nonprofit financial management. Are you even sure your Form 990 is correct?

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Finance Nonprofit Finance Nonprofit governance and management Nonprofits 52

Top Nonprofits

AUGUST 22, 2022

Nonprofit accounting is unique when compared to for-profit accounting. This is primarily because nonprofits agree to reinvest all of their revenue back into the mission at hand in exchange for tax-exempt status. Internal controls are policies and decisions made to prevent the misappropriation of nonprofit funds.

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Finance Nonprofit Finance Leadership Nonprofit Accountability 52

NonProfit Leadership Center

DECEMBER 19, 2022

For nonprofit professionals, 2022 was another year of learning, adapting and innovating. During the past year, nonprofit leaders turned to the Nonprofit Leadership Center for resources and support to strengthen their organizations and communities. Financial Management for Nonprofits: The Role of the Nonprofit Finance Committee.

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NonProfit Leadership Center

DECEMBER 18, 2023

During the past year, nonprofit professionals turned to the Nonprofit Leadership Center for resources and support to strengthen their organizations and communities. Nonprofit Leadership Center trainer Margarita Sarmiento , says the key to leading effective meetings is to be more intentional before, during and after each meeting.

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The Chronicle of Philanthropy

AUGUST 7, 2023

By Sara Herschander Inflation is cooling, unemployment remains low, and the stock market is making gains, but something more elemental — the weather forecast — took a toll on nonprofit finances in July. Across the country, heat waves, wildfires, and flash flooding have made charities' jobs tougher.

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NonProfit PRO

MARCH 17, 2023

Founded in 2009, Keystone provides shared nonprofit finance, IT, and HR services. Combined, M+S and Keystone offer nonprofits the full spectrum of strategic and administrative services. Mission + Strategy Consulting is joining the Keystone Alliance family of organizations.

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Nonprofit Finance Finance Nonprofits 189

Top Nonprofits

FEBRUARY 23, 2024

This data is crucial to effective financial management and nonprofit compliance, especially for annual filings such as Form 990. The details about your staff’s activities can also help you gain a better understanding of how much it costs to fund your nonprofit’s programs. Allocate expenses by functional classification.

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Management Finance Nonprofit Finance Insurance 52

Stanford Social Innovation Review

JANUARY 12, 2023

Nonprofit finances in the United States were relatively strong at the beginning of 2022, largely as a result of government and foundations stepping up their support of nonprofits during the COVID-19 pandemic. Questions focused on nonprofits’ programmatic, operational, and financial health.

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Nonprofit Finance Finance Nonprofit governance and management Governance 123

Kivi's Nonprofit Communications Blog

OCTOBER 14, 2021

I recently spoke with Tosha Anderson of The Charity CFO and A Modern Nonprofit Podcast about the importance of marketing and branding in the nonprofit sector. Need help understanding nonprofit finances? I also talk about how nonprofit executives can be more supportive of their communications staff.

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The Charity CFO

APRIL 26, 2024

That’s why it’s so important to know what to look for in a nonprofit accountant. The next step is to ask your potential nonprofit accountant a few questions to see if they’d be a good fit for your organization. Here are seven questions to ask a nonprofit accountant before working with them.

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NonProfit Quarterly

NOVEMBER 21, 2022

The nonprofit sector, along with community-based mutual aid networks , stepped up to meet immediate needs. If we want nonprofits to support us in the next crisis, they must have sufficient resources. And to know what nonprofits need to do their jobs effectively, we must ask them directly. It wasn’t for-profit companies.

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Governance Race and Ethnicity Nonprofit Administration and Development Finance 93

Stanford Social Innovation Review

SEPTEMBER 25, 2023

By Christine Hunt One of the most impactful grant programs the Kendeda Fund has ever undertaken was funding our nonprofit partners’ operating reserves. While living that close to financial insolvency may be common, it is extremely risky for any nonprofit, not just those whose funders are sunsetting.

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The Charity CFO

AUGUST 24, 2022

The high-performing organizations we work with all ensure that nonprofit financial management is a collaborative effort. Including your team members in the financial budget process is critical to better nonprofit financial management. Effective nonprofit financial management is a team effort! So what does that look like?

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Management Finance Participation and motivation Nonprofits 98

Bloomerang

NOVEMBER 16, 2022

Starting a nonprofit is pretty straightforward, but preventing your dream from ending shortly after it begins is a lot harder. For new nonprofits, learning lessons the hard way is a luxury they can ill afford. Here’s a rundown of twelve areas new nonprofits need to focus on. . Recognize that you’re a small business.

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Nonprofits Collaborations Recruitment Management 92

Top Nonprofits

FEBRUARY 24, 2023

If you’re looking into starting a nonprofit, you’re likely passionate about a particular cause. You know that your first step is creating a nonprofit and you start by establishing a brand, building a website, and getting the word out. Draft bylaws that comply with state and federal requirements.

Finance 52

Finance Nonprofit governance and management Public and Nonprofit Management Non-Profits 52

The NonProfit Times

MAY 15, 2017

Nonprofit Audit 101: A Guide to The Fundamentals and More is a quick guide for nonprofit finance leaders and executive leaders, providing key fundamentals and know-how, first class best practices, and insight into how to optimize the nonprofit audit process at your organization.

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The Charity CFO

FEBRUARY 27, 2023

Does your organization get bogged down with nonprofit treasurer duties? Nonprofits don’t exist for the purpose of earning profits. With that being said, money is central to a nonprofit’s success. How does a nonprofit manage its money? One of the most important board members for a nonprofit is the treasurer.

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Finance Nonprofits Nonprofit Finance Management 52

The Charity CFO

JANUARY 5, 2022

Functional expense reporting confuses many first-time nonprofit bookkeepers and executives. But it is need-to-know-information in the nonprofit world. Because you’re required to report functional expenses to complete your IRS 990 and maintain nonprofit status. Don't hire the wrong accountant for your nonprofit!

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The Charity CFO

JUNE 10, 2022

Your finance committee spends the most time analyzing and studying your nonprofit’s numbers, yet your entire board of directors is responsible for financial oversight. Doing so helps you ensure your team truly understands your finances and can help you do your job more effectively.

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Finance Management Non-Profits Nonprofits 52

The NonProfit Times

MAY 15, 2017

Nonprofit Audit 101: A Guide to The Fundamentals and More is a quick guide for nonprofit finance leaders and executive leaders, providing key fundamentals and know-how, first class best practices, and insight into how to optimize the nonprofit audit process at your organization.

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Nonprofit Finance Finance Nonprofits Technology 40

The NonProfit Times

MAY 15, 2017

Nonprofit Audit 101: A Guide to The Fundamentals and More is a quick guide for nonprofit finance leaders and executive leaders, providing key fundamentals and know-how, first class best practices, and insight into how to optimize the nonprofit audit process at your organization. Common misconceptions.

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The Charity CFO

DECEMBER 22, 2022

Is your nonprofit using 1099 best practices? Nonprofits rely on the generosity of donors and volunteers to support their mission and achieve their goals. But, just like for-profit businesses, nonprofit organizations must also navigate complex tax laws and regulations to remain compliant. This is where form 1099 comes in.

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Non-Profits Nonprofits Finance Insurance 52

Fundraising Coach

JULY 5, 2017

He is experienced at generating revenue for his nonprofit and for others that complement both the nonprofit's mission and the nonprofit's fundraising efforts. In his session in The Nonprofit Academy " Why Nonprofits Should Make Money, Not Just Raise It ," he shares his ideas on how to make this possible.

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NonProfit Quarterly

APRIL 3, 2024

TOPA, in particular, is being emulated across the country as a tool that helps tenants, with nonprofit financing and technical assistance support, to come together and preserve affordability by becoming owners themselves, either through a limited-equity cooperative or nonprofit structure. But how does this work?

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Values Public and Nonprofit Management Construction Finance 117

Tony Martignetti

OCTOBER 15, 2023

Dean Dalzell & Jerry Frick: Financial Literacy For Your C-Suite & Board Leadership that understands your numbers protects not only your nonprofit. It also protects the people filling those roles. It also protects the people filling those roles.

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Finance Leadership Nonprofits Nonprofit Finance 89

The Charity CFO

JANUARY 12, 2024

Financial forecasting is a term you’ll hear thrown around in the business world quite often—but in the world of nonprofits, it can be difficult (and even downright impossible) to plan your organization’s finances with any degree of certainty. What Is a Financial Forecast for Nonprofits?

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Finance Nonprofits Nonprofit Accountability Management 52

NonProfit Hub

JANUARY 8, 2020

Last year at Cause Camp, I laughed when speaker and fellow nonprofiteer Rachel Muir called herself a “recovering nonprofit executive director.” So, I gave the nonprofit sector a shot and served as a nonprofit executive for two different organizations from 2009 to 2013. . I laughed because that describes me to a tee.

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Finance Nonprofit governance and management Social Enterprise Social Enterprise 42

Get Fully Funded

JULY 9, 2021

If you’re just getting started in the nonprofit world, you likely have a ton of questions surrounding effective practices and keeping your organization above board. Unfortunately, there are a ton of myths out there surrounding nonprofit taxes, too—which can make the whole process even more convoluted. Annual filing requirements.

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Finance Nonprofits Nonprofit Finance Governance 59

NonProfit Hub

FEBRUARY 2, 2023

5 Ways To Recession-Proof Your Nonprofit Lately, it’s hard to go more than a few hours—forget about a whole day—without being haunted by the joint specters of recession and inflation. There is much to contemplate when considering how to utilize recession-proof nonprofit tactics.

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Nonprofits Insurance Management Activism 70

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. Business Development Manager Nonprofit Finance Fund (New York, NY). Content Specialist Careers in Nonprofits (Chicago, IL). Tacoma, WA).

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Communication Public and Nonprofit Management Nonprofit governance and management Associations 65

Bloomerang

JULY 9, 2021

7% nonprofit board engagement is not enough! Do your nonprofit’s financial reports speak to the full board? What’s the problem with nonprofit board engagement? This is about inclusion , nonprofit board engagement, and legal duty. So … how will you make sure the other 93% at your nonprofit get engaged? 93 percent !

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Nonprofits Management Leadership Production 96

Nonprofit Marketing Blog

APRIL 2, 2013

The Nonprofit Finance Fund (NFF) has released its annual State of the Sector survey, and it shows nonprofits like yours are struggling with a tough funding environment and increasing need for the services you provide. 1 in 4 nonprofits has 30 days or less cash-on-hand. Here’s a summary of the report from the NFF.

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Governance Nonprofit Finance Finance Collaborations 78

Nonprofit Marketing Blog

APRIL 15, 2014

The Nonprofit Finance Fund’s 2014 State of the Nonprofit Sector Survey is out and the report has some sobering insight on how nonprofits have fared during the economic recovery. Still, with over a quarter of nonprofits surveyed reporting a deficit in 2013, there is still a lot of work to be done.

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Collaborations Nonprofit Finance Nonprofit Capacity Finance 68

Philanthropy 2173

MARCH 17, 2020

So, here are a few wonderful crowdsourced resources for nonprofits, virtual work, and tech that I have found and wanted to share. Some people are functioning well now, others aren't; and we are likely to change places on that spectrum many times in coming days and weeks. Hats off to those who are curating these, thank you.

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NonProfit Hub

MARCH 30, 2018

This article was originally published in Nonprofit Hub Magazine. Here’s the biggest truth bomb that nobody is exclusively talking about when it comes to nonprofit finances: there’s no way for us to tell you exactly how your nonprofit’s budget should be spent. VERDICT: Weigh Opportunity Cost. Your staff.

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Finance Nonprofits Nonprofit Finance Marketing 51

NonProfit Quarterly

JANUARY 10, 2024

Image credit: Christian Ouellet on istock.com Financing challenges often stymie nonprofits. Executive Director Luis Gallardo calculated that the nonprofit would need half a million dollars in the best-case scenario and, more likely, a million dollars to reach the first milestones. Yet even after having been awarded an $11.2

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Finance Non-Profits Collaborations Public and Nonprofit Management 98

Bloomerang

SEPTEMBER 15, 2021

You see, when you want to raise more money for your nonprofit, not spending money is simply self-sabotage. The post How Embracing Risk and Spending Money Can Help Nonprofits Make More Money appeared first on Bloomerang. Your results will also often yield mostly restricted revenue—a double whammy. .

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Finance Activism Nonprofits Leadership 80