The Charity CFO

AUGUST 30, 2022

ASC 606 Revenue Recognition for Nonprofit Organizations. All US businesses, for-profit and nonprofit, were subject to new revenue recognition standards starting by 2019. Nonprofit accounting departments often move slowly, so while hopefully you’ve already implemented these standards, you should ensure that you have.

Non-Profits 98

Non-Profits Nonprofits Associations Nonprofit Accountability 98

The Charity CFO

FEBRUARY 25, 2022

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. Insurance .

Insurance 98

Insurance Nonprofit Accountability Non-Profits Nonprofits 98

Get Fully Funded

APRIL 15, 2021

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?

Non-Profits 90

Non-Profits Nonprofit governance and management Universities Nonprofits 90

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

Top Nonprofits

JULY 2, 2024

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. The answer lies in having enough FDIC coverage—protection and backing for your funds provided by the Federal Deposit Insurance Corporation.

Management 52

Management Nonprofit governance and management Non-Profits Finance 52

iMarketSmart

MAY 22, 2023

This sharing exchange is always non-transactional. If he was in insurance or finance, we would think of people who we felt were his peers and someone that he would respect. Because they aren’t profitable, these events can’t be the end goal. They can make a profit. The profit can help the charity.

Altruism and Helping 52

Altruism and Helping Non-Profits Universities Participation and motivation 52