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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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Five fundraising trends to capitalize on in 2022

Candid

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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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. Get the free masterclass!

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Top 10 Tweets from the 2014 Independent Sector Conference

Nonprofit Tech for Good

60 Actions: #ISConf session: 15 Useful Social Media Tips and Tricks for #Nonprofits w/ @nonprofitorgs || https://t.co/EEjy03oaWv 54 Actions: #NGOFacts In 2010, nonprofits accounted for 9.2% 54 Actions: #NGOfacts If the nonprofit economy was a country, it would have the 7th largest economy in the world. .”

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The New Nonprofit Checklist: From Finances to Management

Get Fully Funded

Getting your programs off the ground, ensuring legal compliance, recruiting staff and volunteers, and correctly managing your nonprofit’s finances can be daunting. This checklist is a great starting point, and don’t be afraid to reach out to an expert like a nonprofit accountant for help or answers to any questions that arise.

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Donor-advised Funds Are Misunderstood, Bound to Be Regulated, and Not Going Anywhere

iMarketSmart

Just last week I sent three separate articles to Jeff: ‘ How to Land Donor-Advised Fund Gifts ’ from the Chronicle of Philanthropy (which disappointingly didn’t provide much of any insight into how to land gifts from DAFs, although that’s a topic for a different day); ‘ Donor Advised Funds Were Up Almost 300 Percent This Decade.

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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.