The Charity CFO

APRIL 15, 2022

And show you how modern nonprofits are rethinking the way they handle specialized skills like HR and Accounting. In this episode, you’ll discover: The top 3 reasons nonprofit accountants walk out the door. Why turnover in the financial department is SO damaging for nonprofits. A Modern Nonprofit Podcast.

Nonprofit Accountability 52

Nonprofit Accountability Finance Nonprofits Public and Nonprofit Management 52

The Charity CFO

SEPTEMBER 28, 2022

Top Nonprofit Bookkeeping Tips. Use A Simple Accounting Software . What’s our #1 nonprofit bookkeeping tip? If you are still using Excel spreadsheets or handwritten ledgers to track your finances, you need to stop asap. Instead, use simple accounting software like Quickbooks Online. . Hire a Payroll Service

Finance 105

Finance Nonprofits Nonprofit Accountability Law 105

The Charity CFO

JANUARY 5, 2022

So why do nonprofits track functional expenses? There are 3 simple reasons: It’s the law. If you want to report your functional expenses properly AND always have audit-ready financial reports at your disposal, an experienced nonprofit accountant can help. Why do you need to track functional expenses?

Non-Profits 96

Non-Profits Nonprofits Public and Nonprofit Management Finance 96

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. Account Coordinator, Digital Fenton Communications (Washington, DC). Business Development Manager Nonprofit Finance Fund (New York, NY).

Communication 65

Communication Public and Nonprofit Management Nonprofit governance and management Associations 65

The Charity CFO

MARCH 29, 2024

Do you know the financial health of your nonprofit organization? Knowing where your finances stand is essential to effective nonprofit management. One of the best ways to get a quick read on your organization’s financial health is to compare your nonprofit budget to actual performance. Get the free guide!

Finance 52

Finance Nonprofits Health Nonprofit Accountability 52

The Charity CFO

MAY 11, 2023

It involves the management of financial transactions and the maintenance of accurate records to ensure that your organization remains financially healthy and compliant with the law. However, managing bookkeeping in-house can be time-consuming and expensive, which is why many nonprofits are turning to outsourced bookkeeping services.

Nonprofit Accountability 52

Nonprofit Accountability Nonprofits Finance Law 52

The Charity CFO

FEBRUARY 2, 2022

But, most importantly, you need to file Form 990 because it’s the law. You must file Form 990 for every year your nonprofit organization is operating. The 990-EZ may be simpler than the full form, but it’s still a complex declaration of your organization’s finances. When is IRS Form 990 due?

Non-Profits 98

Non-Profits Nonprofits Activism Foundations 98

Top Nonprofits

FEBRUARY 23, 2024

Monitor tax law compliance. Despite their tax-exempt status, nonprofits must still follow certain tax requirements when managing staff payroll, such as filing Form 990. Aside from payroll, your nonprofit’s finances also include diverse revenue sources and expenses that must all be carefully balanced.

Management 52

Management Finance Nonprofit Finance Insurance 52

The Charity CFO

APRIL 5, 2023

What Does Nonprofit Compliance Mean? Compliance is the act of assuring the public that nonprofit organizations are obeying the appropriate laws, contracts and commitments that they enter into as a nonprofit organization. The post Nonprofit Compliance Requirements appeared first on The Charity CFO.

Law 52

Law Nonprofits Nonprofit Accountability Finance 52

The Charity CFO

JULY 2, 2024

States like Oregon, Delaware, and Colorado, for example, have introduced data privacy laws that require businesses–including nonprofits–to follow certain protocols regarding personal data. But sometimes, the best way to modernize your nonprofit and improve operations is to outsource to trusted experts. Get the free guide!

Technology 52

Technology Nonprofits Nonprofit Accountability Management 52

The Charity CFO

NOVEMBER 30, 2023

During the audit, you’ll generally be asked to show: Receipts for purchases Invoices and revenue records Donation records Payroll and other recurring expense reports Supporting documents related to finances With all of the records required, it can be easy to make a mistake. If you’re not an accountant, this process can get confusing–fast.

Nonprofit Accountability 52

Nonprofit Accountability Finance Nonprofits Education 52

The Charity CFO

JANUARY 19, 2023

In the United States, these Generally Accepted Accounting Principles (or GAAP) are set by the Financial Accounting Standards Board (FASB). NPOs must adhere to these accounting policies to remain compliant with the law and maintain their tax-exempt status. Do You Struggle to Make Sense of Your Financial Statements?

Public and Social Policy 52

Public and Social Policy Finance Nonprofits Nonprofit Accountability 52

The Charity CFO

DECEMBER 8, 2022

The IRS has strict regulations on how to handle grants and charitable contributions, so it is essential that you understand the best practices when accounting for them. Because accurate nonprofit accounting can help with reporting and auditing requirements, and ensure that the funds are being used in accordance with the grantor’s wishes.

Nonprofit governance and management 52

Nonprofit governance and management Law Charitable Contribution Nonprofit Accountability 52

The Charity CFO

DECEMBER 27, 2023

However, state tax agencies may also have rules for nonprofits that operate for-profit businesses. You’ll need to check your state’s tax laws and regulations to see how they might affect your organization. Nonprofit leaders like you don’t have to navigate tricky tax implications on your own. Reach out to us today to get started!

Charitable Contribution 52

Charitable Contribution Activism Nonprofits Nonprofit Accountability 52

Blue Avocado

OCTOBER 22, 2024

Because most AVOs have an informal air about them, it’s easy for finances to be treated in a casual way. Such laws vary from state to state. It may be helpful as a starting point to talk to another nonprofit leader whose organization is engaged in the same activity. Reviewing last year’s budget is a key part of the process.

Public and Nonprofit Management 88

Public and Nonprofit Management Finance Public and Social Policy Management 88

iMarketSmart

MAY 22, 2023

If there was a seminar at the Law School, we would invite them to that. Game theory: Able to reciprocate Giving in the primal game has an unbreakable law: Giving must be seen by partners who are able and willing to reciprocate. Nonprofit and Voluntary Sector Quarterly, 46 (4), 817-836. They suggest a willingness to reciprocate.

Altruism and Helping 52

Altruism and Helping Non-Profits Universities Participation and motivation 52

The Charity CFO

APRIL 27, 2022

For more nonprofit accounting resources check out www.thecharitycfo.com. We had a lot of like, you know, law firms that we did stuff for. Why you need to “humanize” your communication. And one proven strategy for doing it (33:15). Thanks for watching. Be sure to subscribe for new episodes every week!

Fundraising 98

Fundraising Fundraising Non-Profits Nonprofit Administration and Development 98