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Understanding Nonprofit Overhead Costs: Myths vs. Reality

NonProfit Leadership Alliance

Nonprofit professionals know the implications of overhead and may be nervous to disclose just how much they spend on these operational expenses. However, we’re here to explain the importance of nonprofit overhead and debunk prominent overhead myths. What are nonprofit overhead costs?

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Developing Your Nonprofit Budget: 5 Steps for Success

NonProfit Leadership Alliance

The purpose of a nonprofit budget is to help you better plan your income and expenses in order to accomplish your goals. For nonprofits, you’ll use your budget to predict fundraising revenue and ensure those funds will cover all your program and administrative expenses. Choose the best budgeting model for your nonprofit. .

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How To Avoid Nonprofit Accountant Turnover

The Charity CFO

Not surprisingly, this above-average employee turnover impacted nearly every industry, but it has hit nonprofits and financial professionals particularly hard. . However, nonprofit accountant turnover is not a new problem in the sector. Why Do Nonprofit Accountants Quit? Why Do Nonprofit Accountants Quit?

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Nonprofits vs For-Profit Businesses: Key Differences and Similarities

Nonprofit Fixer

When people think about making change in the world, most people jump to the idea of starting or leading a nonprofit organization. But there is actually a wide range of tax vehicles and statuses that people use to accomplish their social change goalsincluding nonprofit organizations and different types of for-profit businesses.

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The Difference Between Traditional Payroll and a PEO for Nonprofits

The Charity CFO

As a nonprofit leader, you’re constantly looking for ways to streamline operations and maximize resources. As a nonprofit organization, there are many pitfalls around payroll and you need to be aware of the rules. Many nonprofits handle payroll in-house or outsource to a payroll provider.

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Supervision, Trust & Culture Strategies for a Healthy Nonprofit

The Charity CFO

Nonprofit leaders often struggle to create an open, trusting culture that supports their staff in executing their mission. If you’re looking for proven ways to engage your team and improve the mindset of your nonprofit team, this episode is for you. Why a “kitchen in the living room” is typical weakness for nonprofit teams (4:58).

Culture 98
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7 Essentials Of Nonprofit Financial Management

The Charity CFO

Many nonprofit organizations tend to let their financial management slip on the backburner as they get busy fulfilling their mission. Without a good grasp of your finances, your nonprofit risks: Exposure to fraud. Well, the answer lies in understanding and implementing these 7 essentials of nonprofit financial management.