The Charity CFO Blog
Nonprofit Financial Education, Trends & News
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[Podcast] Building a Better Board of Directors with Linda Lysakowski
What role should your board play in fundraising? Do all board members need to donate? And how do successful nonprofits recruit and engage new board members? If anyone has the answers to these questions, it’s Lynda Lysakowski. Linda has trained over 30,000 nonprofit...
How to Read a 990: What Do Donors Want to See?
Unlike your personal tax return, anyone can request a copy of your Form 990 from the IRS or search for your filing several online databases. And when they know how to read a 990, they can find out A LOT about your organization. Watchdog organizations, large donors,...
Nonprofit Audit Checklist (+ Free PDF Download)
Many nonprofit organizations both large and small need to undergo a financial statement audit every year. Preparing for a nonprofit audit can be overwhelming and anxiety-filled, especially if it’s your first audit or you don’t have a strong and experienced financial...
PODCAST: Understanding Fundraising & Human Behavior
Tim Kachuriak has dedicated the past 15 year of his life to answer this question… “Why do people give to nonprofits?” And while he’s found that the answers vary wildly, he’s managed to identify some core principles that can predictably boost giving to your nonprofit....
Top 5 Nonprofit Financial Red Flags According to a CPA
As a CPA working exclusively with nonprofits and a former nonprofit auditor, I’ve looked at thousands of nonprofit financial statements over the past 10 years. Looking at that many balance sheets, you start to identify trends. And while some issues are evident to...
Why Do Nonprofit Accountants Quit?
During the “Great Recession,” nonprofits have lost their accountants and financial directors at record rates. And finding new, qualified help that they can afford is nearly impossible… At the same time, hundreds of nonprofits are waking up to realize that the...
501(c)(3) Donation Rules: The Ultimate Guide
Donations are the lifeline of any nonprofit organization. While some nonprofits depend more on government contracts or foundations, many rely on donations from individuals as their primary funding source. One essential tool that you can use in your nonprofit is...
5 Warning Signs of Nonprofit Cash Flow Issues
Cash flow isn't just an issue for small nonprofits that depend on donations to meet payroll each month. A lack of cash on hand impacts nonprofit organizations of all sizes. Take this example… A few years ago, we were working with a fully-funded nonprofit. This...
How to Fill Out a 501c(3) Application for Your Nonprofit
Starting a nonprofit organization can be confusing and tricky, especially if it’s your first time and you don't have any experience filling out a 501c(3) application. However, filling out the application is an essential step in setting up a nonprofit charity with the...
Building Better Solutions for the Nonprofit Community
Why is it so hard for nonprofits to find the help they need? From choosing a fundraising software to getting financial advice to finding a grant writer, nonprofits struggle to find good help. Despite being a sector that employs 20 million people and spends $1 billion...
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