Finance Liability Utilities 
Blackbaud
JUNE 6, 2025
Managing your nonprofit’s finances is no small task, but there are four standardized financial statements that provide clear benchmarks to help you make decisions. Together, these documents reveal where your organization stands financially, how resources are being utilized, and what steps you can take to strengthen operations.
Pamela Grow
FEBRUARY 27, 2025
Because your organization cant turn a profit by definition, the goal of tracking your finances is to demonstrate to donors, funders, the government, and the community that youre using your funding responsibly to further your mission. Liabilities. Accountability is at the heart of nonprofit accounting. Net assets.
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Bonterra
JUNE 27, 2025
This board is responsible for the organization’s mission, finances, and legal compliance. While nonprofits may have paid staff, volunteers play a critical role in their day-to-day operations, making it critical for these organizations to utilize a robust volunteer management software to encourage participation and simplify scheduling.
Blackbaud
SEPTEMBER 19, 2024
By analyzing cash flows from operating, investing, and financing activities, organizations can identify trends, manage expenses, and make strategic decisions about future initiatives. The Statement of Cash Flows is divided into three sections: Operating Activities, Investing Activities, and Financing Activities.
Grant Writer Team
AUGUST 1, 2024
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? Read on and explore the role of the finance committee with GrantWriterTeam. Why is it so vital to an organization’s success?
Get Fully Funded
AUGUST 16, 2024
Most COAs are organized into five categories: assets, liability, net assets, revenue, and expense accounts. Liabilities usually start with 2, net assets with 3, revenue with 4, and expenses with 5 and beyond. Then, those accounts are further divided into subcategories. For example, assets usually start with 1.
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. Use accounting software to help you manage your finances. Miscellaneous revenue (interest income, etc.)
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