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Building Trust and Accountability: A Guide to Nonprofit Internal Controls Policy

Blackbaud

Picture this: A nonprofit organization launches an ambitious new program, only to discover months later that inconsistent financial processes have led to overspending, duplicated payments, and critical delays. A well-implemented internal control policy. Do All Nonprofit Organizations Need an Internal Control Policy?

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Finance: AMA Pushes For Charity Care Accountability

The NonProfit Times

Image from [link] Members of the American Medical Association (AMA) voted to support greater oversight of nonprofit hospitals and standardization of charity care policies so financial assistance reaches patients in need. Hospitals are eligible for nonprofit status, which exempts them from income, property, and sales taxes.

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Don’t Take a Vacation from Your Donor Communication

Ann Green's Nonprofit

It may be quieter at your nonprofit, or maybe it isn’t considering everything that’s going on, especially in the U.S. Maybe this sounds impossible, especially if you’re a small organization and worried about your finances, but you can do this! Will certain policies or funding cuts affect your organization? It’s summer!

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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

Effective financial management is critical for your nonprofit to grow and thrive long-term. By Jon Osterburg If you work for a new nonprofit, your team’s primary goal is probably to get your operations off the ground and start furthering your mission. Explore four considerations for achieving financial sustainability. Methodology.

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What Every Nonprofit Needs to Know About Financial Audits

Blackbaud

But as a nonprofit professional, you dont have to feel this fear regarding your organizations audits! Audits are actually essential to build a strong managerial and financial foundation for your nonprofit. In this guide, youll learn four key things you need to understand about audits as a nonprofit professional. Lets dive in!

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How to Improve Your Internal Controls to Minimize Audit Findings

Blackbaud

Why Your Organization Needs Effective Internal Controls An effective system of internal controls is essential for any nonprofit organization, whether you are required to have an annual financial audit or not. Financial Accountability: Donors, grantors, and the public trust nonprofits to manage their finances responsibly.

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Supporting nonprofit and mission-driven affordable housing providers 

Candid

Critical to building and preserving more affordable homes are nonprofit and mission-driven housing providers. Thats because the financing of new or preserved affordable homes is something like a Jenga tower. How did we get here? Ensuring their success is key to guaranteeing that millions of families can thrive.