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Accounting for Nonprofits

Oct 08 2021

In-Kind Donations: Guide to What Nonprofits Need to Know

An in-kind donation does not involve cash gifts and can be one of the most important resources for many nonprofits. This article provides an in-depth guide for in kind donations compliance.

[Read more…] about In-Kind Donations: Guide to What Nonprofits Need to Know

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Charitable Gifts, Fundraising, Fundraising Marketing, In Kind Contributions, In kind Donations, In kind Gifts

Sep 28 2021

Nonprofit Treasurer Duties: Guide to Finding the Right Person

The nonprofit treasurer duties include overseeing the organization’s finances and making sure that there are enough funds to pay all expenses, as well as looking into ways to raise more money.

[Read more…] about Nonprofit Treasurer Duties: Guide to Finding the Right Person

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Nonprofit Accountability, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Board, Nonprofit Treasurer

Aug 10 2021

What is Fund Accounting: Guide to Proper Stewardship of Funds

Fund accounting tracks revenue and expenses, demonstrating accountability to funding sources. Understanding nonprofit fund accounting ensures proper stewardship of funds. Let’s take a deep dive into what is fund accounting.

[Read more…] about What is Fund Accounting: Guide to Proper Stewardship of Funds

Written by Joseph Scarano · Categorized: Accounting for Nonprofits, Fundraising Stewardship, Nonprofit Fund Accounting · Tagged: Accounting Software for Nonprofits, Fund Accounting, Nonprofit Accountability, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Fund Accounting Software, Nonprofit Stewardship

Jul 27 2021

Bookkeeping for Nonprofits: Best Hiring Practices

Bookkeeping for nonprofits is essential for maintaining day-to-day data entry of revenue and expenses. Let’s explore best hiring practices.

[Read more…] about Bookkeeping for Nonprofits: Best Hiring Practices

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Accounting Software for Nonprofits, bookkeeper for nonprofits, bookkeeping for nonprofits, Fund Accounting, Nonprofit Accounting, nonprofit bookkeeper, nonprofit bookkeeping

May 17 2021

Nonprofit Cash Flow Forecasts: How To Avoid Deficits

Nonprofit cash flow forecasts predict when revenue comes in and when revenue goes out. It is an excellent tool to avoid cash shortfalls. By pinpointing deficits during a 12-month period, your nonprofit can avoid a crisis before it becomes a major problem.

How To Achieve Steady Nonprofit Cash Flow - araize.com
[Read more…] about Nonprofit Cash Flow Forecasts: How To Avoid Deficits

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Accounting Software for Nonprofits, cash flow, Direct Cost Allocations, Functional Accounting, Nonprofit Accounting, nonprofit cash flow, Nonprofit Financial Statements, Nonprofit Sustainability

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