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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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KPIs for a Nonprofit Organization

The Charity CFO

Key Performance Indicators, or KPIs, are an essential part of any successful nonprofit. Choosing KPIs for your nonprofit doesn’t have to be complicated. Keep reading to learn more about some of the most common KPIs for nonprofit organizations and why you might want to use them.

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Case Study: Financial Clarity with Modern Nonprofit Accounting Software

The Charity CFO

For nonprofit organizations, accounting comes with a lot of complexity. In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure. Let’s meet these organizations.

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Why Do Nonprofit Accountants Quit?

The Charity CFO

During the “Great Recession,” nonprofits have lost their accountants and financial directors at record rates. At the same time, hundreds of nonprofits are waking up to realize that the financial structure they’ve always relied on doesn’t work as well any more. So why do accountants leave nonprofit organizations?

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How to Prevent Burnout in Your Nonprofit

The Charity CFO

In many nonprofits, burnout is the emotional, physical, and mental exhaustion of employees due to prolonged stress. The impact of this goes beyond individual well-being and can affect your organization’s effectiveness and ability to advance your mission. The term burnout is more than a buzzword.

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Accounting: Data Behind Functional Expense Reporting

The NonProfit Times

By Alyssa Simard, CPA The success and integrity of nonprofit organizations hinge on the ability to steward financial resources effectively. It is paramount for nonprofit financial leaders to adopt a thorough approach to categorizing and reporting expenses and why it is a cornerstone of fiscal responsibility.