Get Fully Funded

OCTOBER 26, 2022

Getting your programs off the ground, ensuring legal compliance, recruiting staff and volunteers, and correctly managing your nonprofit’s finances can be daunting. This checklist is a great starting point, and don’t be afraid to reach out to an expert like a nonprofit accountant for help or answers to any questions that arise.

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Nonprofit Marketing Blog

FEBRUARY 24, 2013

If you feel the need to strengthen your financial management savvy, check out StrongNonprofits.org , a new website featuring free tools, how-tos and guides. Features range from a nonprofit accounting guide, to an article on sensible growth strategies, to a podcast on how to understand the true costs of programming.

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The Charity CFO

MARCH 13, 2025

Implement a Strict Conflict of Interest Policy Every nonprofit should require board members and key leadership to disclose conflicts of interest annually. This ensures accountability and makes audits or donor inquiries easier to manage. Check these blogs out next: Accounting as a Shared Responsibility?Why

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The Charity CFO

AUGUST 15, 2023

Myths of Nonprofit Accounting and Why They Matter to Job Seekers Unfortunately, many job seekers fall victim to the stereotypes and believe the myths surrounding nonprofit accounting. In this section, we will debunk the three most common nonprofit accounting myths. However, most of it is actually the same.

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The Charity CFO

DECEMBER 23, 2024

As a nonprofit leader, you’re constantly looking for ways to streamline operations and maximize resources. When it comes to managing your organization’s workforce, you have two primary options: traditional payroll services or a Professional Employer Organization (PEO).

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Nonprofit Fixer

JANUARY 14, 2025

Legal Registrations: All for-profit businesses and nonprofits should have an EIN and be registered in a state or territory. Accounting: For-profit businesses and nonprofits both have similar banking and bookkeeping needs (though there are some differences in nonprofit accounting ).

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The Charity CFO

SEPTEMBER 23, 2024

Your nonprofit organization relies on the knowledge and guidance of its leadership team to advance its mission. A strong leadership team makes it easy for your organization to reach its goals by effectively using resources and managing strategy. That doesn’t mean you should only hire from outside the organization.

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Top Nonprofits

MAY 24, 2024

Effective financial management is essential for any organization. No matter your purpose, well-managed finances yield data-driven insights that allow those in financial positions to plan and achieve the organization’s goals. Your advocacy group’s leadership can also help ensure each policy aligns with compliance standards.

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The Charity CFO

JANUARY 5, 2023

Many nonprofit organizations tend to let their financial management slip on the backburner as they get busy fulfilling their mission. Sure, your mission should be a priority, but managing finances can’t be neglected either. Policies for Good Financial Management. Accountability for everyone involved.

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NonProfit Hub

APRIL 8, 2025

Crowdfunding allows your nonprofit to spread awareness and raise funds by tapping into the power of social sharing. Plus, its easy to set up a campaign online; you dont need to manage a complex team of staff and volunteers to begin engaging your audience. Instead, all you need to do is find a website to host it.

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Stanford Social Innovation Review

FEBRUARY 8, 2023

million) to 15 nonprofits through its Impact Ground Project. Among the grantees, early-stage nonprofits accounted for 66.7 The foundation has also started a capacity-development program for nonprofits in collaboration with Root Impact , an intermediate support organization. billion won (about $9.7

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Fundraising Coach

OCTOBER 25, 2023

Resources like the Google Ad Grant offer additional ways to boost your nonprofit’s online presence, but each marketing tool you add to your strategy requires time and energy. Professional grant management allows your nonprofit to unlock the power of the Google Ad Grant while saving your team’s time for other marketing endeavors.

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NonProfit Hub

JUNE 29, 2021

This blog will be a great place to start, but if you find yourself praying no one asks you questions about the financials in your next board meeting, you may want to check out our Nonprofit Accounting Essentials course in partnership with The Charity CFO. . I signed on to further a cause, not to be the accountant!

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NonProfit Hub

SEPTEMBER 16, 2021

Even if you’ve worked in the nonprofit sector for decades, a refresher on the basics can be helpful. Leading a charity presents unique challenges like managing the roles of marketing and fundraising, building a brand, and growing in a way that aligns with your mission. Let’s get started: Nonprofit Accounting Essentials Course.

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Top Nonprofits

FEBRUARY 13, 2024

Nonprofits are typically composed of hardworking professionals who wear many hats. While each staff member may have a specific title like “fundraising director” or “project manager,” they often take on a wider range of responsibilities. No matter which option you choose, make sure your accountant specializes in nonprofit work.

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The Charity CFO

JULY 19, 2024

Bookkeepers, accountants, and Chief Financial Officers (CFOs) all serve critical roles in managing an organization’s finances. A bookkeeper is a financial professional responsible for recording and managing a nonprofit’s daily financial transitions. What is a Bookkeeper?

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Nonprofit Marketing Insights by GlobalOwls

JUNE 10, 2024

A nonprofit team is a group of individuals working together within a nonprofit organization to achieve its mission and goals. What Roles Are Common in a Nonprofit Team? Common roles include executive directors, program managers, fundraising coordinators, marketing specialists, volunteers, and board members.

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The Charity CFO

DECEMBER 30, 2021

It confirms your compliance with federal grant management standards. For example, 26 states require an audit before a nonprofit can earn charitable registration — necessary for in-state fundraising. And, the Office of Management and Budget requires an audit when a nonprofit spends more than $500,000 in federal funds in a year.).

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The Charity CFO

JUNE 27, 2024

Leading a nonprofit organization isn’t just about passion–it’s about effective leadership. Nonprofit executive directors play an irreplaceable role in steering their organizations toward success. This guide will explore key strategies and insights to help you excel as a nonprofit executive director.

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Nonprofit Fixer

NOVEMBER 20, 2024

When you’re busy leading a nonprofit—developing program strategies, cultivating donors, supporting staff—thinking about accounting and finance can feel like an afterthought. But to be successful, nonprofit leaders need a functional grasp of the basics of nonprofit accounting and financial management.

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The Charity CFO

JANUARY 5, 2022

This week on A Modern Nonprofit, author and nonprofit consultant Rita Sever joins us to talk about the top three challenges nonprofit leaders face, and how to tackle them head on. The 2 key qualities that are essential to successful leadership (12:00). For more nonprofit accounting resources check out [link].

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Top Nonprofits

AUGUST 22, 2022

Nonprofit accounting is unique when compared to for-profit accounting. This is primarily because nonprofits agree to reinvest all of their revenue back into the mission at hand in exchange for tax-exempt status. Generally, they’re segregated into four categories: Financial managers or leadership.

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Get Fully Funded

APRIL 15, 2021

You see, in business accounting, money made beyond the cost to run a business is known as a profit. The confusion is that nonprofit accounting uses a different word for the money left over beyond its expenses: surplus. Because nonprofits are not owned, there is no one to receive the hypothetical profit.

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The Charity CFO

MAY 11, 2023

Bookkeeping is a critical component of running a successful nonprofit organization. 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. As a leader, you’ll have to determine what is right for your nonprofit.

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The Charity CFO

FEBRUARY 27, 2023

How does a nonprofit manage its money? One of the most important board members for a nonprofit is the treasurer. The treasurer role encompasses a wide array of responsibilities, mainly concerning financial management and oversight. Many nonprofits do not have in-house accountants and choose to outsource instead.

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NonProfit Hub

SEPTEMBER 16, 2021

Even if you’ve worked in the nonprofit sector for decades, a refresher on the basics can be helpful. Leading a charity presents unique challenges like managing the roles of marketing and fundraising, building a brand, and growing in a way that aligns with your mission. Let’s get started: Nonprofit Accounting Essentials Course.

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The Charity CFO

AUGUST 27, 2024

Unsure of which KPIs you should be tracking for your nonprofit? This article highlights five essential financial KPIs every nonprofit should monitor to ensure they’re effectively managing resources, staying accountable to stakeholders, and driving their mission forward. Track the Right Nonprofit KPIs for the Best Results!

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Get Fully Funded

OCTOBER 21, 2021

To help your nonprofit’s leadership understand and comply with online fundraising guidelines, this article will provide a crash course on the basics of maintaining legal compliance while fundraising online. However, your nonprofit’s leadership would likely prefer to avoid having that debate with your state’s charity bureau.

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Top Nonprofits

JUNE 29, 2023

There are also other types of audits your nonprofit might conduct, such as compliance, systems, or HR audits. However, financial audits tend to be popular because the way you manage funds determines whether your organization can effectively fulfill its mission. Improving your risk management strategy.

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The Charity CFO

MARCH 2, 2022

For more nonprofit accounting resources check out www.thecharitycfo.com. ?? A couple things actually, number one, that we’ve alluded to transition in leadership. So transitioning from one account to the other, whether it’s an outsource person, it’s a senior level person or even a bookkeeper.

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Blue Avocado

OCTOBER 22, 2024

After all, every nonprofit needs to have someone counting the cash, writing checks, safeguarding financial integrity, and managing funds soundly! A Succinct Guide for Nonprofit Treasurers More than half of the nonprofits in the United States are estimated to be all-volunteer organizations (AVOs).

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The Charity CFO

DECEMBER 22, 2021

The ONE thing that all financially sustainable nonprofits have in common (24:36). For more nonprofit accounting resources check out www.thecharitycfo.com. For more information on how to get your nonprofit financially established so that you can achieve your goals, visit CNRG Accounting Advisory @ [link].

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The Charity CFO

JANUARY 19, 2022

Are you ready to scale, but you’re afraid that growth will make you even more alone in your leadership role? This week on A Modern Nonprofit Podcast we’ll show you how to build the right team to scale your organization effectively. How to feel less alone in your leadership role. (28:09). Thanks for watching.

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NonProfit Leadership Alliance

FEBRUARY 18, 2025

Its no secret that effective financial management is critical for nonprofits to thrive. However, many aspects of nonprofit finance can be confusing or difficult to navigate, from deciding how much of your budget to spend on overhead to choosing an accounting platform to organize your records. Did you enjoy this story?

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The NonProfit Times

NOVEMBER 14, 2024

This categorization allows nonprofit managers to demonstrate how funds are spent across activities and is essential for transparency and accountability. At its core, functional expense reporting segments a nonprofit’s costs into three main categories: program services; management and general activities; and, fundraising efforts.

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