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Nonprofit Accounting FAQs: Your Questions Answered

Top Nonprofits

Whether youre working at a small nonprofit with your executive director handling financial responsibilities, a large organization with full-time accounting staff, or anything in between, you should have a basic understanding of nonprofit accounting. What is nonprofit accounting?

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Cryptocurrency for Nonprofits: 6 Things You Need to Know

The Charity CFO

And that’s why accpeting cryptocurrency for nonprofits is so critical. It’s still pretty early days for crypto philanthropy… but the rate at which it’s accelerating is extreme because now nonprofits are realizing what a big market this is.” – Alex Wilson, co-founder of The Giving Block. are two examples.

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The New Nonprofit Checklist: From Finances to Management

Get Fully Funded

The following checklist covers the basics of everything you need to get funded , become official, and stay organized: Define your nonprofit’s mission clearly. Start earning revenue for the organization. Take steps to incorporate your nonprofit. Organize your resources. Corporate philanthropy. Event revenue.

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Debunking 7 Common Myths For New Nonprofit Professionals

Get Fully Funded

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. It’s easy to tell.

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PODCAST: Understanding Fundraising & Human Behavior

The Charity CFO

For more nonprofit accounting resources check out www.thecharitycfo.com. You’re not just a consultant that happens to work with a nonprofit organizations with a nonprofit industry. You also spend quite a bit of time working with nonprofits, not just as clients, but you are also, um, a board.

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Building Better Solutions for the Nonprofit Community

The Charity CFO

How the leading tech companies’ attempts at corporate philanthropy are failing. The 3 BIG things for-profit companies could learn from nonprofits. For more nonprofit accounting resources check out www.thecharitycfo.com. ?? And can I serve these smaller organizations in a way that I serve this larger organization?

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Restorative Compensation: Moving from Theory to Practice

NonProfit Quarterly

Interrogating Traditional Compensation Assumptions Influenced by Milton Friedman’s 1970 call for businesses to maximize shareholder values over all others and the rise of neoliberalism that Friedman’s work helped inspire, there has been a push to run government services and nonprofit organizations more like businesses: efficiently and “at a profit.”