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.
[Read more…] about Form 990: Guide to Filing Instructions for NonprofitsNonprofit Fund Accounting
3 Key Advantages of Fund Accounting Software for Nonprofits
True fund accounting software for nonprofits must track revenue and expenses to demonstrate accountability and compliance. Let’s take a deep dive into the advantages of fund accounting software.
[Read more…] about 3 Key Advantages of Fund Accounting Software for NonprofitsChart of Accounts for Nonprofits: Guide to Proper Setup
The proper setup up of the chart of accounts for nonprofits is the critical first step in getting started with your nonprofit fund accounting system. Learn how to segregate funds the easy way for tracking revenue and expenses.
[Read more…] about Chart of Accounts for Nonprofits: Guide to Proper Setup8 Reasons Why Financials for Nonprofits Are More Difficult than For-Profits
Financials for nonprofits require an in-depth understanding of the sector as well as exposure to some of the challenges that make it so unique.
[Read more…] about 8 Reasons Why Financials for Nonprofits Are More Difficult than For-ProfitsWhat is Fund Accounting: Guide to Proper Stewardship of Funds
Fund accounting tracks revenue and expenses, demonstrating accountability to funding sources. Understanding nonprofit fund accounting ensures proper stewardship of funds. Let’s take a deep dive into what is fund accounting.
[Read more…] about What is Fund Accounting: Guide to Proper Stewardship of Funds