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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NonProfit Hub

SEPTEMBER 5, 2017

When your nonprofit stays on the ball about adapting to new tools, it can work to achieve its mission. Part of this comes from good customer relationship management tools, but it can also include day-to-day operational things, like accounting and fundraising. . QuickBooks. Additional users must purchase additional product keys.

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The Charity CFO

APRIL 25, 2024

In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure. About The Charity CFO The Charity CFO is an accounting firm specializing in serving nonprofits through outsourced accounting and fractional CFO services.

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The Charity CFO

MARCH 13, 2025

This ensures accountability and makes audits or donor inquiries easier to manage. Pro Tip: Use expense management software like Bill Spend and Expense to track and categorize expenses automatically. With 85% of our clients undergoing audits, we know how critical it is to have a robust accounting foundation in place.

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Nonprofit Fixer

JANUARY 14, 2025

Most stakeholders expect nonprofits to find the cheapest way to do things instead of spending money on fancy meals with donors or business class tickets on a plane. ROI: Nonprofits do not typically discuss "Return on Investment."

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The Charity CFO

DECEMBER 4, 2024

In the latest episode of A Modern Nonprofit podcast, host Tosha Anderson sat down with Sawyer Nyquist, a data expert who specializes in analytics and data management for nonprofits. Measuring What Matters When it comes to deciding what to measure, Sawyer cautioned against tracking too much.

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The Charity CFO

APRIL 15, 2022

Triná Owens is a former nonprofit financial director who left her job to become an Accounting Manager at The Charity CFO. In this episode, she and Tosha tell you the top reasons that your accountants don’t stick around. In this episode, you’ll discover: The top 3 reasons nonprofit accountants walk out the door.

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NonProfit Hub

MARCH 27, 2025

Salesforce, the world’s leading CRM, is now revolutionizing the non – profit sector with its innovative approach to donor management. Start with the basics: Begin by implementing core Salesforce Nonprofit features, such as moves management, donation tracking, streamed gift entry and reporting.

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Nonprofit Marketing Guide

MARCH 9, 2022

I was suddenly faced with aging technology and a budget under $5,000 – including printing costs. If $54 is still a stretch for your budget, I recommend a free nonprofit account with Canva. The best part about the nonprofit product is the ability to work in teams and access all of the pro branding functions.

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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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Top Nonprofits

JULY 2, 2024

Managing your nonprofit’s finances is about more than just raising money and recording what you earn and spend. This means it’s crucial not only to manage your organization’s reserve funds well but also to stay aware of the current financial best practices and trends in the nonprofit sector.

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Nonprofit Tech for Good

SEPTEMBER 6, 2018

By Richard Chiriboga , a web project manager and front-end developer and founder of CorrienteLatina.com. In short, GitHub for Good is a free GitHub account. Finally, it’s worth noting that GitHub is also compatible with many different project management systems, such as Basecamp , Zapier , Slack , and Trello.

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Get Fully Funded

FEBRUARY 23, 2021

Getting started: The nonprofit tools you need to set up shop and grow your organization TechSoup is a global nonprofit organization that offers discounts and technology solutions as well as IT consulting and courses to nonprofits. Joining TechSoup should be the first technology task for your new nonprofit.

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The Charity CFO

FEBRUARY 9, 2022

But maybe you’re a bit wary of the technology. And you’re certainly not sure why your nonprofit should care about it. In this article, we’ll talk about the top 6 things we think all nonprofits should know about cryptocurrency. They vary in technology, features, scalability, privacy, and functionality. .

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The Charity CFO

JULY 2, 2024

If this feels relatable, this article will walk you through the steps you need to modernize your nonprofit operations–from adopting technology solutions to improving data security. Adopt Technology Solutions One of the first places to look when modernizing operations is your current technology.

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Nonprofit Tech for Good

OCTOBER 17, 2021

By Emily Rose Patz , Senior Copywriter at DonorPerfect – a top-rated donor management system and fundraising platform for nonprofits. Though recommendations from third parties may help you narrow down the wide selection of nonprofit CRMs available, only you and your team know what’s best for your organization.

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NonProfit Hub

MARCH 11, 2025

This proactive approach strengthens internet security protection for your nonprofit. Require strong, unique passwords for all users and leverage password managers to simplify the process. Passwords should be unique and complex, and sensitive accounts should always use MFA. Use strong passwords and authentication.

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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

MAY 31, 2024

Transparency and accountability are two of the most important factors in nonprofit accounting. Being transparent in your nonprofit accounting helps build trust in your organization. Reviewing a budget vs an actual report also helps your organization identify discrepancies such as errors in accounting.

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The Charity CFO

MAY 22, 2024

What do many successful nonprofits have in common? Good financial management. In nonprofits, managing your finances effectively is essential to running a sustainable organization. Not only does good financial management help keep your organization running, but it also helps bolster trust in your nonprofit.

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The Charity CFO

APRIL 18, 2024

For instance, working with a nonprofit accountant, like The Charity CFO, can help you reduce your risk of financial non-compliance. Nonprofit Technology Integration and Data Security One of the best things you can do for your nonprofit is to start leveraging data. Need Help Facing Nonprofit Accounting Challenges?

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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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The Charity CFO

JULY 3, 2024

Grant Management: Review the status of grants and compliance with grant requirements or conditions. Ensure restricted and unrestricted funds are being managed properly. Additionally, you should involve key stakeholders in the review process, such as the board of directors, your financial or accounting teams, and program managers.

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The Charity CFO

JUNE 27, 2024

Subscribing to nonprofit industry journals, podcasts , and news outlets helps you stay on top of the latest nonprofit sector news and insights. Effectively Build and Manage Your Team Effective team building and management make it easier for you to help your organization reach its goals and advance its mission.

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The NonProfit Times

OCTOBER 9, 2024

Momentive Software , formerly Community Brands, a provider of cloud-based software, announced a connected fundraising and nonprofit accounting solution suite of established names GiveSmart and MIP. We are making it easier for nonprofits to fund their mission and deliver their mission.”

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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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The Charity CFO

MARCH 27, 2024

QuickBooks is a popular accounting software used by businesses and individuals nationwide. As a nonprofit leader, you’ve probably heard of QuickBooks or may have even used it before. And you might be wondering if you can use QuickBooks for your nonprofit accounting.

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Top Nonprofits

AUGUST 7, 2023

A lot of work goes into complying with IRS regulations and preserving your nonprofit’s tax-exempt status, namely filing your Form 990 or one of its variants. However, e-filing technology can make preparing Form 990 straightforward and stress-free. What is e-filing software and why should nonprofits leverage it? Affordable.

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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.

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The Charity CFO

JANUARY 5, 2022

Why a “kitchen in the living room” is typical weakness for nonprofit teams (4:58). What too many nonprofit leaders do to lose the trust of their staff (18:00). For more nonprofit accounting resources check out [link]. This is what happens when a small nonprofit does what they did in my story and say, who wants to do this?

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The Charity CFO

APRIL 6, 2022

And what can the for-profit world learn from the nonprofit world? Find out in this week’s episode of A Modern Nonprofit Podcast. Mitch talks with me about some of the hottest topics in nonprofits today, like: The role technology can play in today’s nonprofits. Be sure to subscribe for new episodes every week!

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Non Profit Accounting Academy

FEBRUARY 14, 2022

Likely there’s a budget that shows how much can be spent on payroll, technology, office expenses, etc. appeared first on Nonprofit Accounting Academy. What if the $100,000 grant was restricted not for a building, but for use in running a counseling service? But what about expenses that are not part of the counseling program?

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The Charity CFO

MARCH 2, 2022

For more nonprofit accounting resources check out www.thecharitycfo.com. ?? And we have to take inventory quickly on if any technology was stolen, getting an alarm that goes off that, you know, there’s a suspicious person in the lobby. We’re gonna do accounting and finance for nonprofits.

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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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