The Charity CFO Blog
Nonprofit Financial Education, Trends & News
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Tips for cash management for a nonprofit organization
Cash management for a nonprofit organization is possibly the most important consideration for success. In a previous article, we discussed the benefits, risks, and compliance requirements of outsourcing bookkeeping for nonprofit organizations. In this article, we will...
Outsourced bookkeeping for a nonprofit
Bookkeeping is a critical component of running a successful nonprofit organization. It involves the management of financial transactions and the maintenance of accurate records to ensure that your organization remains financially healthy and compliant with the law....
Nonprofit Fundraising Strategies to Consider
What nonprofit fundraising strategies are you using to keep your organization healthy? As nonprofit organizations rely heavily on donations to support their operations, programs and missions, fundraising is an essential component to their continued success....
What to expect from accounting firms specializing in nonprofits
Is there an advantage to working with accounting firms specializing in nonprofits? Nonprofit organizations play a crucial role in addressing social, environmental, and cultural issues in our society. However, running a nonprofit comes with unique challenges that...
How to maximize efficiency with nonprofit accounting software
How can nonprofit accounting software help your organization with efficiency? We’re in the age of technology, and it seems that for every process or transaction, there is a corresponding technological solution designed to make our lives easier and our work more...
7 Keys to Nonprofit Financial Management
Nonprofit financial management is one of the primary concerns for organizations. Nonprofits are special types of organizations, in both their structure and their purpose. They live in the hearts of many as symbols of good in the world. This meaning is the driving...
Nonprofit Compliance Requirements
In order to confidently run your organization, it's important to have a strong understanding of nonprofit compliance requirements. Running a nonprofit is no small feat. In addition to the many struggles of running a business, nonprofits have additional hurdles to...
Independent audit requirements for a nonprofit
The word audit can invoke instant fear and dread. Whether it’s an IRS audit, external audit, or even an internal audit, the process can feel burdensome and worrying. However, with the right tools and preparedness, there’s no need to worry. Contrary to popular belief,...
What to look for in nonprofit accounting financial statements
Nonprofit accounting financial statements may seem like a chore. They can be meticulous and time-consuming to prepare. However, the benefits of these statements far outweigh any possible inconvenience. Nonprofits use financial statements to comply with IRS...
How to Grow a Nonprofit: 5 Marketing Strategies
Growth: likely a key point in any strategic plan and something that is the top of mind for many leaders. How to grow your nonprofit is, after all, the key to strengthening your work, achieving your mission, and making an impact. Strategy decisions ultimately come...