Nonprofit accounting software simplifies generating financial statements which makes preparing for audits a breeze. Find out what you need to know to make the right choice for your organization[Read more…] about Nonprofit Accounting Software: How to Make the Right Choice
Accounting for Nonprofits
Nonprofit stewardship means cultivating an ongoing relationship with a donor. Accountability is demonstrating to funding sources that funds were used for its donor designated purpose.[Read more…] about What Is Nonprofit Stewardship and Donor Designation?
The nonprofit Statement of Activities is one of the main financial statements of a nonprofit organization.[Read more…] about How to Read Your Nonprofit Statement of Activities Report
Nonprofit Support Services expenses include administrative and fundraising costs. These cost categories are essential for the operation of your nonprofit, and for the management and fulfillment of your mission based programs.[Read more…] about Nonprofit Support Services: Impact On Bottom Line
Earned revenue is money that a charity earns for providing goods or services. Contributions are donations with donor designations, which may have restrictions on how the money can be spent.[Read more…] about Difference Between Nonprofit Earned Revenue vs Charitable Contributions