Blackbaud

SEPTEMBER 19, 2024

A Statement of Cash Flows is a detailed financial view used by nonprofit organizations to track inflows and outflows of money related to their activities during a specific time period, typically the fiscal year. The Statement of Cash Flows is divided into three sections: Operating Activities, Investing Activities, and Financing Activities.

Finance

GrantNews

JULY 19, 2024

By staying informed and seeking professional guidance when needed, you can effectively manage your finances and make the most of grant opportunities without running into unexpected tax issues. Understanding how grants impact your taxes is crucial to managing finances effectively and avoiding unexpected tax issues.

Grant

Just Write Grants

SEPTEMBER 6, 2023

It also resonates in boardrooms and nonprofit offices, signaling that it's time to revisit the basics and refresh foundational knowledge. With our digital school bells ringing, it's time to attend a masterclass in nonprofit finance. Expenses : These represent the costs incurred by the nonprofit in carrying out its activities.

Finance

Grant Writer Team

AUGUST 1, 2024

Nonprofits need financial oversight. Managing finances can be daunting for many nonprofit professionals, particularly those new to oversight roles within nonprofit organizations. But what exactly does a nonprofit finance committee do? What Does a Nonprofit Financial Oversight Committee Do?

Finance

Blackbaud

JUNE 15, 2023

These hurdles are a few of the challenges facing school business offices and nonprofit organizations doing their best to evaluate and keep track of employee purchases day-to-day. A well-functioning finance department ensures day-to-day security and efficiency in all their processes. Is this sounding like your month-end scramble?

Nonprofit

Get Fully Funded

AUGUST 16, 2024

As a nonprofit leader, you’re no stranger to having to make the most of your limited resources. In this guide, we’ll explore the basics of creating and managing a nonprofit COA, starting with three simple steps you can take to develop this document. A chart of accounts (COA) is the foundation for all financial reporting.

Liability

The Fundraising Coach

APRIL 14, 2025

It also helps your nonprofit be more transparent with various stakeholderssupporters, funders, and even the government. If youre just getting started with nonprofit accounting, one of the most straightforward entry points is to learn about some of the key documents involved in this process. Tracking financial data is similarly vital.

Liability

Get Fully Funded

MARCH 20, 2023

When you’re just getting started, it’s critical that one of your first steps is to create your nonprofit’s first budget to help you manage both your organization and your finances as it grows. If you want your new nonprofit to grow successfully and fulfill its mission, a budget is not optional.

Budget

Candid

JULY 18, 2023

and around the world—be it through their investments in gender equality, the capacity to convene collaborators to streamline development financing for low- and middle-income countries, or the ability to make billion-dollar, long-term commitments in Africa. That may put the typical nonprofit or smaller family foundation at a disadvantage.

Liability

DoJiggy

SEPTEMBER 19, 2024

Managing a nonprofit organization has its unique challenges. Nonprofits demand more from managers, especially when it comes to finances. Nonprofit financial management requires greater transparency and increased contingency planning of your budget. Instead of selling a product or service, you sell a mission.

Management

Qgiv

AUGUST 10, 2022

Matt Hugg, President and Founder, Nonprofit.Courses – He’s the author of the Guide to Nonprofit Consulting, and teaches nonprofit management at several universities, via the web, and in-person in the United States, Africa, Asia and Europe. What’s a Nonprofit? Let’s begin. Your Mission. Discuss that too.

Finance

Get Fully Funded

JANUARY 16, 2024

Now that your new nonprofit is up and running, developing a solid foundation for financial management should be a top priority. The ins and outs of nonprofit accounting may seem overwhelming at first, but effectively recording and reporting your organization’s finances is essential to fund your mission.

Policy

Qgiv

MARCH 5, 2024

Understanding the different types of nonprofits and their IRS classifications is crucial if you’re looking to make a positive impact in your community by starting a nonprofit. The diverse amounts of nonprofits play a vital role in addressing societal needs and helping their communities. What is a nonprofit organization?

Insurance

Greater Giving

DECEMBER 19, 2023

Effective financial management is critical for operating a nonprofit. Your organization’s ability to further its mission depends not only on successful fundraising , but also on allocating your funds so you can cover all of your expenses while setting your nonprofit up for long-term sustainability and growth. Let’s get started!

Nonprofit

CauseVox

SEPTEMBER 28, 2021

But out of this huge challenge, we’ve seen some amazing creativity crop up as nonprofits revamp their fundraising approaches to be safe and successful. The Spinal CSF Leak Foundation is a relatively young nonprofit that was still finding its legs when COVID hit. Thanks, coronavirus. Climb Out of the Darkness.

Award

DoJiggy

JULY 23, 2024

For nonprofit organizations, financial transparency is not just a regulatory requirement—it’s a cornerstone of trust and efficiency. Effective financial management helps nonprofits demonstrate their commitment to their mission and builds confidence among donors, grantmakers, and other stakeholders. The best way to do this?

Nonprofit

Qgiv

JULY 24, 2024

An effective nonprofit board can help your organization raise more money and make a more meaningful impact on your cause. Understanding your nonprofit board’s roles and responsibilities is key to the success of your mission. What’s a nonprofit board’s primary function? What are the basic obligations of a board member?

Nonprofit

Tech Soup

SEPTEMBER 5, 2011

On August 29, 2011 some of us from TechSoup attended NTEN's Nonprofit Cloud Computing Summit in San Francisco. It was a one-day in-person free workshop, thanks to funding from Google Foundation , and attracted an impressive array of smart and informed nonprofit technologists. The Greatest Security Risk to Nonprofits.

Liability

Allied Grant Writers

OCTOBER 19, 2021

As a result, it’s critical to understand whether asking for grants for nonprofits or other cause, among the many other financing options available to you, is the best option for supporting your organization. To answer all of this, let’s get into the deeper details of grant writing for nonprofits. What is Grant Writing?

Grant Writing

Allied Grant Writers

OCTOBER 19, 2021

As a result, it’s critical to understand whether asking for grants for nonprofits or other cause, among the many other financing options available to you, is the best option for supporting your organization. To answer all of this, let’s get into the deeper details of grant writing for nonprofits. What is Grant Writing?

Grant Writing

Tech Soup

FEBRUARY 25, 2013

This is the second blog in my series on configuring Intuit's QuickBooks for use in a nonprofit organization. It will also provide you with a sample chart of accounts of my design and one called the "Unified Chart of Accounts," which was created by a number of major nonprofit support organizations. Fundraising.

Utilities

The NonProfit Times

JANUARY 9, 2025

As artificial intelligence (AI), such as ChatGPT, continues to evolve and become more commonplace, many trade and professional associations and nonprofits are turning to AI technology to enhance their operations and decision-making processes and benefit their members and clients. Tort Liability. By Jeffrey S. Tenenbaum, Esq.

ChatGPT

The NonProfit Times

NOVEMBER 7, 2024

By Eric Spacek The holiday season is significant in two important ways for nonprofit organizations: year-end giving reaches a peak and your nonprofit is a flurry of activity as people come and go. Here are some of the most important strategies to keep both your people and your nonprofit safe and secure throughout the holidays.

Liability

Blue Avocado

OCTOBER 22, 2024

The Gold Avocado series showcases some of the very best content that Blue Avocado has for nonprofit leaders, based on overall popularity, reader response, and quality. This Gold Avocado article highlights eight essential responsibilities of a nonprofit’s treasurer — with a focus on treasurers of all-volunteer organizations.

Budget