Nonprofits

Bank Reconciliation Statement: What It Is & Why It’s Important
Having an effective accounting process in your nonprofit organization allows nonprofits to stay transparent and accountable. Keeping track of daily…
What Are The Benefits Of Outsourced CFO Services?
We’ve talked before in our blog about outsourcing bookkeeping and other accounting services, but many nonprofit organizations don’t know that…
6 Things to Consider When Choosing Your Nonprofit’s Year-End
Running a nonprofit organization is a rewarding process. But, just like any other business venture, there are decisions to be…
How To Detect and Prevent Fraud in Nonprofit Organizations
According to the Association of Fraud Examiners, ACFE 2022 Global Fraud Survey, nonprofit organizations lose an average of 5% of…
How A Foolproof Grants Management Process Can Set Your Organization for Success
Many nonprofits rely on revenue from grants to fund their missions, but managing grant transactions can be daunting. In this…
9 Steps to Manage the Next Nonprofit Crisis
If we have learned anything from the pandemic, it is that there is no way to know what is coming…
It’s Time to Retire Your Spreadsheets and Start Automating Your Accounting System
Spreadsheets help the accounting world go round. Accountants that manage nonprofit organization finances and corporate accountants will all declare a…
Overview of State Charitable Solicitation Registration Requirements (Bonus: Tips for Staying Compliant)
Nonprofit organizations operate on the concept of accountability. While the tax-exempt status that 501(c) organizations and other nonprofits receive come…
Evaluating A New Nonprofit Program
What Is Program Evaluation? As new nonprofit organizations grow and thrive it is important to make sure the actions of…
Regulatory Requirements for Contribution Revenue of Nonprofit Organizations
Nonprofits earn income from a number of sources so that the revenue can be used to fund the organization’s mission.…