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How to Create a High-Performing Non-Profit Team

Nonprofit Marketing Insights by GlobalOwls

How to Create a High-Performing Non-Profit Team Successful nonprofits, NGOs and Social Enterprises have high performing teams. Employees are the lifeblood of any business, and non-profits are no exception. How Does a Nonprofit Team Differ from a For-Profit Team? Ready to expand your team?

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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. with this overview of nonprofit accounting basics. . What is nonprofit accounting? That’s really all that accounting is, so don’t let the terminology intimidate you. .

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The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

The nonprofit sector is full of rewarding and impactful careers because it plays a crucial role in addressing various social, environmental, and humanitarian challenges. In this section, we will debunk the three most common nonprofit accounting myths. Ready to dive deep into this exciting realm?

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Debunking 7 Common Myths For New Nonprofit Professionals

Get Fully Funded

If you are starting a career with a nonprofit , know that it could be one of the toughest assignments of your life. Most nonprofits operate under two or more of these less-than-ideal circumstances. You see, in business accounting, money made beyond the cost to run a business is known as a profit. Who gets the profits?

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Set Up a Nonprofit Chart of Accounts (Free Template)

The Charity CFO

If you’re brand new to nonprofit accounting, the Chart of Accounts might be the best place to start. Because even if you only have one bank account, bill, investment, or expense, you’ll need one. What is a Chart of Accounts? Equity is referred to as Net Assets in the nonprofit world.

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5 Nonprofit Cash Management Statistics & Trends for 2024

Top Nonprofits

A Texas Tech University study compared the fundraising revenue growth of more than 200,000 nonprofits to determine whether accepting non-cash donations—particularly gifts of stock—had an impact. However, typical savings accounts have a strict limit on how much FDIC coverage you can receive.

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How to Properly Record Revenue for Nonprofits

The Charity CFO

While the nature of a nonprofit means you’re focusing more on your mission than making money, bringing in revenue is still essential. This can lead to unique accounting and recordkeeping challenges that for-profit businesses don’t have to face—especially related to revenue classification. Need Help Recording Revenue?