Accounting for Nonprofits Series
Nonprofit financial transparency is essential, both legally and ethically, for building trust and accountability to funding sources.
Nonprofits sometimes get caught up with donor restrictions imposed on donations and how to use these funds to pay expenses. What is the best way to pay expenses using donor restricted funds and remain compliant?
Not-for-profit organizations must understand nonprofit accounting practices to avoid jeopardizing their status. What are the key ways to remain compliant?
Nonprofit Form 990 red flags impact donor trust and reveal lack of due diligence. The 990 is a snapshot of how well an organization has complied with government regulations and what activities it has carried out to ensure it is upholding its mission.
Nonprofit restricted assets have changed extensively since 2016. In order to avoid unintentionally misappropriating funds, it is important to understand the practical management of restricted funding.
As the COVID-19 crisis unfolds, both nonprofit bottom lines are impacted — mission and financial. Following a nonprofit sustainability plan is key to survival.
Utilizing the best practices for nonprofit grant management can make getting accurate, timely information to grantors and donors more efficient.
Faced with limitations on direct and indirect cost recovery, funding nonprofit overhead can be challenging for nonprofits.
Running your organization like a for-profit business and investing in nonprofit overhead reaps rewards.
Where does the bulk of revenue come from when it comes to nonprofit funding sources? We explore the top 4 and how to remain compliant when it comes to reporting income.