The Charity CFO Blog
Nonprofit Financial Education, Trends & News
7 Questions to Ask a Nonprofit Accountant
The right accountant can be the difference between an efficient accounting process and a total mess. That’s why it’s so important to know what to look for in a nonprofit accountant. So what happens after you’ve found a few firms that offer the services you need? The...
Case Study: Financial Clarity with Modern Nonprofit Accounting Software
For nonprofit organizations, accounting comes with a lot of complexity. Categorizing transactions, reporting income, and meeting compliance requirements can be overwhelming. In this case study, we’ll explore real stories of nonprofits who have transformed their...
Defining Your Nonprofit KPIs
A key performance indicator (KPI) is a data metric you can use to gauge the overall success of your nonprofit organization. You can use KPI data to track your organization’s performance in various areas, such as finance or operations. As you collect KPI data, you’ll...
A Modern Nonprofit Podcast: Characteristics of an Executive Director
On today’s episode of A Modern Nonprofit Podcast, we have the Executive Director of Only Make Believe, Tamela Aldridge. Only Make Believe (OMB) is a 501c3 organization that creates interactive theater environments for children in hospital, special education, and care...
How to Prevent Burnout in Your Nonprofit
The term burnout is more than a buzzword. In many nonprofits, burnout is the emotional, physical, and mental exhaustion of employees due to prolonged stress. The impact of this goes beyond individual well-being and can affect your organization’s effectiveness and...
5 Challenges Nonprofits Face in 2024
It’s no secret that running a nonprofit isn’t always easy, especially if you don’t know what challenges await you in the coming months. Luckily, we’ve put together a list of the five most common challenges for nonprofits in 2024. These challenges include financial...
A Modern Nonprofit Podcast: 501(c)3 management
Good morning from a Modern Nonprofit Podcast! Today we have a financial professional & co-founder of Fairlight Advisors, Maya Tussing. Maya and her team specialize in investing for nonprofit organizations. So, naturally our conversation today will include many...
What to Look for in a Nonprofit Accounting Partner
Managing a nonprofit can be complex, especially when it comes to nonprofit accounting. Nonprofits face unique financial challenges and responsibilities that require specialized expertise and support. Finding the right accounting partner for your nonprofit is essential...
The Ideal Nonprofit Accounting Tech Stack
Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. You’ll need to use...
Comparing Your Nonprofit Budget to Actual
Do you know the financial health of your nonprofit organization? Knowing where your finances stand is essential to effective nonprofit management. One of the best ways to get a quick read on your organization’s financial health is to compare your nonprofit budget to...
Trending Blogs
What is a W-9 and Why is it Important?
No time to read this article now? Download it for later. Keeping your taxes in order is vital for any nonprofit. Unfortunately, it can...
How Nonprofits Can Choose the Right Banking Partner
It may not seem like a significant aspect of your organization's financial situation, but picking the right nonprofit banking partner is one of the most vital decisions leaders can make. While many banks seem to have many commonalities, the differences can make a...
