Total Software Solution for Nonprofits
An in kind donation refers to charitable contributions in the form of goods, services, time, and expertise, instead of cash. Learn more about this alternative form of giving and how it can help your nonprofit organization reach its goals. This guide will teach you...
A nonprofit audit is an independent examination of a nonprofit organization’s financial statements and records to ensure compliance. An audit can also provide insight into the organization’s financial health and help identify areas of improvement. Table of...
Charitable contributions are an excellent way to receive tax deductible donations and give back and make a real difference in the world. Donating to a qualified nonprofit benefits those in need while also reducing your taxes. But maximizing your deductions is no easy...
Fund accounting for nonprofits tracks nonprofit revenue and expenses, demonstrating accountability rather than profits to funding sources. Let’s take a deep dive into the basics of fund accounting and why nonprofits need to understand it. Table of contentsBasics of...
![[Podcast] Ultimate Guide to Selecting the Perfect Accounting Software for Nonprofits](https://araize.com/wp-content/uploads/2019/07/iStock-1373119986-1080x675.jpg)
Choosing the right accounting software for nonprofits is important for the success of your organization. Some factors to consider include budget, accounting needs, user-friendliness, and integrations with other tools. When selecting nonprofit accounting software,...
Most nonprofits are required to file IRS Form 990, which can be a daunting task. There are many instructions and requirements that must be followed in order to correctly file the form. If you don’t follow the instructions and requirements for filing IRS Form...
There are many different types of revenue streams for nonprofit funding sources, each with its own advantages and disadvantages. In order to succeed, it is important to maximize revenue streams by diversifying funding for your nonprofit organization. This guide will...
![[Podcast] How to Read Nonprofit Financials: A Step-by-Step Guide](https://araize.com/wp-content/uploads/2022/12/iStock-1301048022-1080x675.jpg)
Reading and understanding nonprofit financial statements is essential for making sound decisions about your organization’s future. If you’ve never read one before, they can be daunting documents. This step-by-step guide will teach you everything you need...
A nonprofit budget is a financial plan which outlines how a nonprofit plans to spend its money. It is important for a nonprofit to have a budget in order to track progress and success, and to make sure that resources are being used efficiently. A budget should be...
The statement of activities report shows nonprofits how much money they have and how it is being used. This guide teaches the basics of reading and understanding a nonprofit Statement of Activities. It also helps predict your organization’s financial...