Total Software Solution for Nonprofits
Quickbooks for Nonprofits does not follow nonprofit fund accounting guidelines, which can pose compliance risks for nonprofits. Not-for-Profit Organizations must follow strict accounting guidelines. There is no one-size fits all when it comes to nonprofit fund...
Proper nonprofit audit preparation builds donor trust, financial transparency and accountability. This guide steps you through preparation, requirements and standards. Table of contentsWhat is a nonprofit audit?What is the purpose of a nonprofit audit?Who...
IRS Form 990 must be filed by nonprofits disclosing annual financial information but understanding instructions and requirements can be daunting. This guide breaks down who, what and when to file. What is the IRS Form 990? Form 990 is a tax form that any nonprofit...
![[Podcast] How to Increase Funding Using Nonprofit Accounting Software](https://araize.com/wp-content/uploads/2022/01/iStock-1294201636.jpg)
Nonprofit funding relies on donors to help fund activities that aid the communities they serve. Having an accounting system that integrates donor management applications can help nonprofits streamline their activities and increase funding through transparency and...
True fund accounting software tracks revenue to a designated purpose and prevents misuse of donations. Let’s take a deep dive into the key advantages of using nonprofit fund accounting software. If a nonprofit wants to be compliant with GAAP and FASB...
A fiscal sponsorship agreement program provides nonprofits with financial support and guidance from a tax-exempt nonprofit. Let’s take a deep dive into how to do it right and find the best fit. Fiscal Sponsorship Overview Fiscal sponsorship is a great way for...
Not-for-profit vs nonprofit organizations are often confused with one another. As you discover in this post, there are distinct differences between the two. Find out what sets them apart. Difference between not-for-profit vs nonprofit What is not-for-profit...
The proper setup up of the chart of accounts for nonprofits is the critical first step in getting started with your nonprofit fund accounting system. Learn how to segregate funds the easy way for tracking revenue and expenses. What Is the Chart of Accounts for...
In-kind donations are non-cash contributions that come in the form of goods or services. It includes goods, services, time, or professional services. This guide will teach you about in kind contributions, issuing donation receipts, and assessing the impact of in-kind...
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.