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...
Does the idea of an audit from the IRS leave you with sweaty palms? Most nonprofit leaders aren’t accountants and the thought of getting audited is a sizable fear. Luckily, being prepared can help you avoid accounting mistakes that could come up in a nonprofit audit....
In late November and early December, most people are thinking about the upcoming holidays. But charities and nonprofits are focused on one of the most important days of their year – Giving Tuesday. Since it was first organized more than a decade ago, it’s...
No matter what corner of the nonprofit world you find yourself in, every organization has one thing in common – the need for nonprofit operating reserves. While it may sound complex, it’s a vital part of the financial picture for nonprofit leaders to...
The mission of the Asthma and Allergy Foundation of America, St. Louis Chapter (AAFA-STL), is about as simple and meaningful as you could come up with. Their tagline states: We help children breathe. Specifically, the organization has been serving St. Louis for 40...
Is your nonprofit using 1099 best practices? Nonprofits rely on the generosity of donors and volunteers to support their mission and achieve their goals. But, just like for-profit businesses, nonprofit organizations must also navigate complex tax laws and regulations...