Total Software Solution for Nonprofits
Nonprofits are required by the IRS to file an annual financial information return called the Form 990. This guide provides form 990 filing instructions by breaking down the who, what and why. What is the IRS Form 990? Form 990 is a tax form that any nonprofit...
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Nonprofit funding relies on donors to help fund activities that aid the communities they serve. Having an accounting system that integrates donor management applications can help nonprofits streamline their activities and increase funding through transparency and...
A fiscal sponsorship agreement program provides nonprofits with financial support and guidance from a tax-exempt nonprofit. Let’s take a deep dive into how to do it right and find the best fit. Fiscal Sponsorship Overview Fiscal sponsorship is a great way for...
Not-for-profit vs nonprofit organizations are often confused with one another. As you discover in this post, there are distinct differences between the two. Find out what sets them apart. Difference between not-for-profit vs nonprofit What is not-for-profit...
An in-kind donation does not involve cash gifts and can be one of the most important resources for many nonprofits. This article provides an in-depth guide to what you need to know for compliance and sustainability. The lifeblood for some sustainable nonprofits...
The nonprofit treasurer duties include overseeing the organization’s finances and making sure that there are enough funds to pay all expenses, as well as looking into ways to raise more money.
Accounting for nonprofits measures nonprofit success by fulfilling its mission rather than making a profit. Take a deep dive into how accounting for nonprofits differs from for-profit accounting. What is Accounting for Nonprofits? While many aspects of...
Bookkeeping for nonprofits is essential for maintaining day-to-day data entry of revenue and expenses. Let’s explore best hiring practices. What is bookkeeping for nonprofits? Every dollar that comes in and every dollar that goes out must be recorded. It is the role...
Nonprofit cash flow forecasts predict when revenue comes in and when revenue goes out. It is an excellent tool to avoid cash shortfalls. By pinpointing deficits during a 12-month period, your nonprofit can avoid a crisis before it becomes a major problem. 5 steps to...
Nonprofit operating reserves is revenue set aside for future use. Planning for this ensures long-term financial heath. Where does this money come from and how can nonprofits plan for the future? Establishing nonprofit cash reserves Nonprofit operating reserves are...