Accounting for Nonprofits: Blog Series

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Surviving COVID-19: Nonprofit Sustainability Plan

Surviving COVID-19: Nonprofit Sustainability Plan

As the COVID-19 crisis unfolds, both nonprofit bottom lines are impacted — mission and financial. Following a nonprofit sustainability plan is key to survival. Nonprofit Sustainability Plan: Key to Survival Both nonprofit bottom lines are impacted — mission and...

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Funding Nonprofit Overhead For Direct and Indirect Costs

Funding Nonprofit Overhead For Direct and Indirect Costs

Faced with limitations on direct and indirect cost recovery, funding nonprofit overhead can be challenging for nonprofits.   Three Functional Categories The importance of tracking functional expenses for nonprofit organizations. There are three categories of...

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Investing In Nonprofit Overhead Reaps Rewards

Investing In Nonprofit Overhead Reaps Rewards

Running your organization like a for-profit business and investing in nonprofit overhead reaps rewards.   This calls for not-for-profits to use for-profit business practices and invest in overhead. In the past, charities were expected to keep their overhead costs...

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Nonprofit Funding Sources: Top 4 Revenue Streams

Nonprofit Funding Sources: Top 4 Revenue Streams

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.   For most non-profit organizations, there is a need to come up with new ways of raising...

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Nonprofit Support Services: Impact On Bottom Line

Nonprofit Support Services: Impact On Bottom Line

Nonprofit Support Services expenses include administrative and fundraising costs. These cost categories are essential for the operation of your nonprofit, and for the management and fulfillment of your mission based programs.   Nonprofit Support Services vs...

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