INSIGHTS
Ideas on accounting, people, and the work behind your mission.
Whether you lead a small community nonprofit or manage a multi-million-dollar organization, your financial statements tell your mission’s story in numbers.
Read article →Most nonprofit organizations are familiar with recording standard monetary transactions—cash received for donations, grants, or program revenue, and cash paid for expenses such as payroll, rent, and supplies. However, not all transactions i
Read article →When managing the financial health of a nonprofit organization, the chosen accounting method plays a crucial role in accurately reflecting the organization's financial position and operations. While many nonprofits start with cash basis acc
Read article →Recruiting and retaining top talent is a major challenge for nonprofit organizations. With limited budgets and high competition from the private sector, nonprofits must develop strategic approaches to attract passionate individuals and keep
Read article →Nonprofits often operate under unique financial and regulatory circumstances. While their missions are driven by purpose rather than profit, they are not exempt from tax reporting responsibilities. One critical document every nonprofit shou
Read article →Nonprofits face unique challenges when it comes to managing their operations, including payroll. For many organizations, ensuring compliance, maintaining efficiency, and controlling costs are critical priorities. Two popular solutions for m
Read article →Nonprofits often reimburse employees, board members, and volunteers for business-related expenses. But how these reimbursements are structured can significantly impact tax compliance, reporting, and operational efficiency. The IRS recognize
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