Nonprofit Accounting Software Buyer’s Checklist
NonProfit PRO
AUGUST 18, 2024
Free eBook to Nonprofit Accounting Software Buyer's Checklist A 5-Step Plan for Selecting the Right Fund Accounting Software
Nonprofit Accountability Related Topics 
Ultimate Guide to Nonprofit Accounting Software
NonProfit PRO
MAY 5, 2023
This buyer’s guide explores key nonprofit accounting software features and highlights ways to consolidate your tech stack, increase efficiency, and account for the intricacies of nonprofit organizations. Don’t let inefficient software slow your organization down.
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The Ultimate Nonprofit Accounting Guide
NonProfit PRO
FEBRUARY 7, 2024
The best accounting eBook for your team is here! Download this comprehensive resource for the latest best practices for budgeting, closing books, audits, managing payroll, compliance, and much more.
The Ultimate Nonprofit Accounting Guide
NonProfit PRO
AUGUST 7, 2024
Download this comprehensive resource for the latest best practices for budgeting, closing books, audits, reporting, managing payroll, compliance, and much more.
The Ultimate Nonprofit Accounting Guide
NonProfit PRO
SEPTEMBER 7, 2023
The best accounting eBook for your team is here! Download this comprehensive resource for the latest best practices for budgeting, closing books, audits, managing payroll, compliance, and much more.
Ultimate Guide to Nonprofit Accounting Software
NonProfit PRO
MAY 23, 2023
Evaluating accounting software? This guide has you covered. Download this buyer’s guide for important core functionality and features to look for to manage finances effectively, how to navigate the process, frequently asked questions, and ways to ensure your team gets the most out of the software long-term.
How To Avoid Nonprofit Accountant Turnover
The Charity CFO
SEPTEMBER 2, 2022
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? Fixing the “Do-It-All Nonprofit CFO” Model.
How to maximize efficiency with nonprofit accounting software
The Charity CFO
APRIL 20, 2023
How can nonprofit accounting software help your organization with efficiency? In today’s digital age, technology has revolutionized almost every aspect of business operations, including accounting and finance. Where to start with nonprofit accounting software Nonprofits have to comply with strict financial accounting standards.
Nonprofit Accounting Basics for Founders, Board Members & Executives
The Charity CFO
JANUARY 17, 2022
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. .
The 5 BIG Myths of Nonprofit Accounting
The Charity CFO
OCTOBER 19, 2022
In this episode, A Modern Nonprofit Podcast host Tosha Anderson comes to you directly, to talk about the 5 biggest myths she’s encountered time and again while working with nonprofits. Don’t be misinformed, join Tosha as she reveals the truth behind concepts that tie nonprofit founders, board members, and bookkeepers in knots.
How to Set Up Your Nonprofit Accounting System RIGHT So it Helps You Grow
Get Fully Funded
JUNE 5, 2023
When set up right, your nonprofit accounting system will help you manage your nonprofit and streamline processes like budgeting, projecting cash flow, and even hiring. The problem is that if you’re like most, you haven’t paid a lot of attention to your accounting system. I promise you will. Print, sign, send.
Meeting Today’s Constituent Expectations!
NonProfit PRO
OCTOBER 12, 2023
In support of our customers, the team at Amazon Web Services (AWS) for Nonprofits is dedicated to helping nonprofits innovate to meet those expectations. Meet your AWS for Nonprofits account manager today, and get constituent obsessed!
How to Fix Your Nonprofit Accounting
The Charity CFO
MARCH 28, 2024
Your nonprofit accounting system might not be the most exciting part of your organization, but it’s one of the most important aspects. An effective accounting system helps you stay in compliance with tax and legal regulations–helping you maintain your exempt status. However, effective accounting isn’t just about following rules.
The Ideal Nonprofit Accounting Tech Stack
The Charity CFO
APRIL 1, 2024
Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. Nonprofits are subject to a lot of legal and financial scrutiny.
7 Questions to Ask a Nonprofit Accountant
The Charity CFO
APRIL 26, 2024
That’s why it’s so important to know what to look for in a nonprofit accountant. The next step is to ask your potential nonprofit accountant a few questions to see if they’d be a good fit for your organization. Here are seven questions to ask a nonprofit accountant before working with them.
What to Look for in Nonprofit Accounting Services
The Charity CFO
JULY 1, 2024
Choosing the right accounting services is crucial for the financial health of your nonprofit. The right nonprofit accountant helps your organization properly manage its finances, which improves trust and transparency with stakeholders and donors.
Meeting Today’s Constituent Expectations!
NonProfit PRO
NOVEMBER 13, 2023
In support of our customers, the team at Amazon Web Services (AWS) for Nonprofits is dedicated to helping nonprofits innovate to meet those expectations. Meet your AWS for Nonprofits account manager today, and get constituent obsessed!
Nonprofit Accounting Cleanup: How to Deal with a Mess
The Charity CFO
MARCH 6, 2024
On today’s episode of A Modern Nonprofit Podcast , our special guest is the one and only Tosha Anderson, our very own founder and CEO. The conversation today has a very simple focus, 5 red flags that your nonprofit accounting needs improvement, even when it may not be recognized. Get the free guide!
Nonprofit Accounting Basics: 5 Fundamentals to Know
Get Fully Funded
JANUARY 16, 2024
Now that your new nonprofit is up and running, developing a solid foundation for financial management should be a top priority. The ins and outs of nonprofit accounting may seem overwhelming at first, but effectively recording and reporting your organization’s finances is essential to fund your mission.
What to Look for in a Nonprofit Accounting Partner
The Charity CFO
APRIL 2, 2024
Managing a nonprofit can be complex, especially when it comes to nonprofit accounting. Nonprofits face unique financial challenges and responsibilities that require specialized expertise and support. That’s why you need a strong accounting partner who specializes in nonprofits.
Nonprofit Accounting Services: The Right Solution
The Charity CFO
NOVEMBER 10, 2022
What should you look for when evaluating nonprofit accounting services? Nonprofit organizations exist to further a mission or goal. The truth is, many nonprofits tend to fumble when it comes to their books. . Benefits of Nonprofit Accounting Services. Nonprofit Accounting Services: More than a Bookkeeper.
The Complete Guide to Nonprofit Accounting Careers
The Charity CFO
AUGUST 15, 2023
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?
Case Study: Financial Clarity with Modern Nonprofit Accounting Software
The Charity CFO
APRIL 25, 2024
To learn more about how The Charity CFO can use technology to streamline nonprofit accounting, you can set up a consultation here. The Goal in Your Nonprofit Accounting Software Before stepping into the details of how these organizations’ accounting is set up, let’s start at the foundation level.
Advance your mission with Sage nonprofit accounting and management software
The NonProfit Times
SEPTEMBER 3, 2024
Flexible advanced functionality to streamline essential finance and accounting processes like nonprofit revenue recognition, grant tracking and billing, spend management and Sage Intacct Mateo to make savings and loans management uncomplicated and effortless.
Why Do Nonprofit Accountants Quit?
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.
What to look for in nonprofit accounting financial statements
The Charity CFO
MARCH 23, 2023
Nonprofit accounting financial statements may seem like a chore. Nonprofits use financial statements to comply with IRS regulations, build trust with donors, and plan for the future. You may think that nonprofit financial statements are the same as those at for-profit companies, but this is not the case.
Free and Low-Cost Nonprofit Accounting Tools
NonProfit Hub
SEPTEMBER 5, 2017
And when you’re on top of the ball with your finances, it’s smooth sailing for your nonprofit from there on out. The post Free and Low-Cost Nonprofit Accounting Tools appeared first on Nonprofit Hub. Do you use another free or low-cost system? Take to the comments below to rave about it!
You’re Invited: Webinar – Annual Nonprofit Accounting and Auditing Update
BDO
JULY 18, 2016
Join us for our sixth session in the 2016 BDO Knowledge Nonprofit and Education Webinar Series, the Annual Nonprofit Accounting and Auditing Update.
Understanding Nonprofit Overhead Costs: Myths vs. Reality
NonProfit Leadership Alliance
AUGUST 20, 2024
Additionally, these estimates don’t take into account unique factors like your nonprofit’s age, size, and geographic location. To be truly sustainable, nonprofits must invest in necessary overhead costs while focusing a large portion of their funds on program expenses.
3 Top Compliance Challenges for Nonprofits + Expert Advice
NonProfit Leadership Alliance
JULY 26, 2023
Use a bookkeeping or accounting service to track all your financial activity. Keep your records updated and check frequently to ensure you’re following nonprofit accounting standards. To simplify the report, Foundation Group’s guide to filing Form 990 recommends the following best practices: Keep thorough financial records.
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The Accounting Basics Every Nonprofit Team Member Should Know
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!
Five fundraising trends to capitalize on in 2022
Candid
JANUARY 11, 2022
Recurring giving is already a valuable tool for nonprofits, accounting for 26% of online revenue for organizations that raise over $50 million in total donation volume on Classy, as noted in The State of Modern Philanthropy. Technology-driven experiences will continue to bring causes beyond their physical city borders.
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Set Up a Nonprofit Chart of Accounts (Free Template)
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? Get Started with Nonprofit Accounting.
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6 Nonprofit Bookkeeping Tips to Save You Time & Money
The Charity CFO
SEPTEMBER 28, 2022
If you taught yourself to do it by hand, learning how to use nonprofit accounting software will be a breeze. If you’re looking for guidance, you can click here to download our free chart of accounts template. . No amount of nonprofit bookkeeping tips can do that. Scan Your Receipts and Invoices .
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Theresa Guest Joins The Charity CFO as Accounting Manager
The Charity CFO
MARCH 16, 2022
Today we’re proud to announce another amazing addition to the industry’s best nonprofit accounting team! Theresa Guest is joining The Charity CFO team in the role of Accounting Manager.
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Cryptocurrency for Nonprofits: 6 Things You Need to Know
The Charity CFO
FEBRUARY 9, 2022
Want to learn the basics of nonprofit accounting? . If you get frustrated when reading your nonprofit’s financial statements, or just don’t “get it,” we have a free 3-part video series that’ll take the stress and mystery out of nonprofit accounting. Don't hire the wrong accountant for your nonprofit!
Developing Your Nonprofit Budget: 5 Steps for Success
NonProfit Leadership Alliance
OCTOBER 5, 2022
However, due to the nature of nonprofit accounting, your organization may need to use several different budgets regularly. . Crafting and using your nonprofit’s budget throughout the year can be challenging, but these steps outline how to create a strong financial plan. Define the Types of Budgets You Need. Operational budget.
How personal should your social media be?
Fundraising Coach
FEBRUARY 3, 2011
But how personal should your nonprofit account be? If they do communicate from the official account, let them put a ^ and their initials. If I were to tweet something from a nonprofit account, I could add ^mp to let people know a real person was behind the tweet. That depends on your organizational culture.
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New Rules For Nonprofit Lease Accounting: ASC 842 Explained
The Charity CFO
JULY 28, 2022
We’ll tell you all you need to know about complying with these new rules when accounting for leases of all types. What is ASC 842 for nonprofit lease accounting? All nonprofit accounting rules in the United States are defined and codified by the Financial Accounting Standards Board, or “FASB”.
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Top 5 Nonprofit Financial Red Flags According to a CPA
The Charity CFO
APRIL 19, 2022
The calculation looks like this: As a nonprofit, you need to concern yourself specifically with unrestricted cash and cash equivalents. One of the main differences between for-profit and nonprofit accounting is that much of your cash may have restrictions placed on it by your donors. Have Nonprofit Financial Red Flags?
Do Nonprofits Pay taxes? It’s Complicated.
The Charity CFO
DECEMBER 21, 2021
So if you’re new to nonprofit accounting , you shouldn’t make too many assumptions about which taxes you will (or won’t) have to pay. . In this article, we’ll do our best to answer the most the most common tax-related questions for 501(c)(3) nonprofits. Do nonprofits pay property tax?
How Accounting Setup Can Affect an Organization Long-Term
The Charity CFO
OCTOBER 9, 2023
Let’s take a closer look at nonprofit accounting systems, the most frequent mistakes, and how to avoid trouble down the road. Those responsible for creating accounting systems might not be aware of industry best practices or make small but significant mistakes that can go unnoticed for months or years.
Use Technology to Simplify Nonprofit Bookkeeping
The Charity CFO
MAY 31, 2024
Common Nonprofit Bookkeeping Challenges Nonprofits face unique challenges to keep their organizations running, including nonprofit accounting challenges. The rise in modern nonprofit accounting software and tech tools is making it easier than ever for nonprofit leaders to manage their finances.
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HOW TO: Upgrade Your Nonprofit’s Pinterest Profile to a Business Account
Nonprofit Tech for Good
NOVEMBER 18, 2012
Hopefully from here on out any new social network that launches will learn from the mistakes made by Myspace, Facebook, Google+, and Pinterest and launch simultaneously with both personal and business/nonprofit accounts available for individuals and brands.
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