The Charity CFO Blog

Nonprofit Financial Education, Trends & News

Why Nonprofit Founders Need to Take a Salary

Why Nonprofit Founders Need to Take a Salary

It's among the most hotly debated topics in the startup and nonprofit worlds. Should nonprofit founders draw an income even as they struggle to get their organization off the ground? Or should that money be plowed back into the nonprofit to boost growth and...

Using AI to Maximize Impact for Nonprofits

Using AI to Maximize Impact for Nonprofits

Brace yourselves, Nonprofit Leaders! Artificial intelligence is advancing incredibly quickly. We promise it’s not as scary as it sounds, and it’s already changing the game in every industry, including nonprofits. Fortunately, savvy nonprofit leaders will be able to...

10 Tips for Nonprofit Financial Health

10 Tips for Nonprofit Financial Health

Just like a human body's health situation can be complex, nonprofit financial health is similarly nuanced.  That's why staying financially healthy and keeping your nonprofit in tip-top shape requires the occasional "checkup" to see where you're doing well and where...

Nonprofit Statuses: 501(c)(3) vs 501(c)(4) and more!

Nonprofit Statuses: 501(c)(3) vs 501(c)(4) and more!

To outsiders, it’s often assumed that all any nonprofit status is basically the same. But those starting and operating these critical organizations know there's much more to the various nonprofit statuses, with varying rules and qualifications for each.  So what do...

How to Define and Track Your Nonprofit Goals

How to Define and Track Your Nonprofit Goals

Setting nonprofit goals is critical to growing in a manageable way that supports your mission and employees.  And one of the most vital steps toward reaching those goals is setting up the proper system to track key aspects of your progress. Let's take a closer look at...

How to Create a Nonprofit Operating Budget

How to Create a Nonprofit Operating Budget

Whether you're a new organization or an established one working to get its finances under better control, there are few more important things to get right than your nonprofit operating budget.  It serves as the backbone of your nonprofit's spending, fundraising, and...