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Nonprofit Fund Accounting

Nonprofit Financial Transparency: Top Ways to Build Donor Trust

Nonprofit financial transparency is essential, both legally and ethically, for building trust and accountability to funding sources. [Read more…]

Written by Joseph Scarano · Categorized: Accounting for Nonprofits, Nonprofit Fund Accounting · Tagged: Charity Watchdogs, Nonprofit Financial Statements, nonprofit financial transparency, Nonprofit Transparency

Restricted Donations: Real World Answers on Expenses

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? [Read more…]

Written by Joseph Scarano · Categorized: Accounting for Nonprofits, Nonprofit Fund Accounting · Tagged: Accounting Software for Nonprofits, Fund Accounting, Nonprofit Accountability, Nonprofit Fund Accounting Software

What Form 990 Red Flags Reveal About Your Nonprofit

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. [Read more…]

Written by Joseph Scarano · Categorized: Accounting for Nonprofits, Nonprofit Fund Accounting · Tagged: Form 990, Functional Accounting, Fund Accounting, Nonprofit Accountability, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Fund Accounting Software, Nonprofit Stewardship

Nonprofit Restricted Assets: Best Advice for Managing Funds

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.

[Read more…]

Written by Joseph Scarano · Categorized: Accounting for Nonprofits, Nonprofit Fund Accounting

Nonprofit Audit Preparation and Requirements

Proper nonprofit audit preparation and compliance is important for building donor trust, financial transparency and accountability. [Read more…]

Written by Joseph Scarano · Categorized: Nonprofit Fund Accounting · Tagged: Accounting Software for Nonprofits, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Audit, Nonprofit Financial Statements, Nonprofit Fund Accounting Software

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