Total Software Solution for Nonprofits
This guide provides accounting tips on grant management for nonprofits, including information on the requirements and benefits of using different methods and accounting software for grant management. By following these tips, you can ensure proper reporting and...
Nonprofit accounting is the process of recording, managing, and preparing compliant financial statements for 501(c)(3) organizations. This includes everything from tracking income and expenses to tax returns to generating financial reports necessary for maintaining...
Donor stewardship involves fundraising, tracking donations, managing expectations, communicating with donors, and setting up systems to track results. What is donor stewardship? Donor stewardship is a system that helps organizations manage and steward donor resources....
A private foundation is a type of non-profit that receives funding from an individual or group, rather than relying on government or corporate funding. Take a deep dive into what is a private foundation and how to start one. Note the differences between a private...
Functional accounting classifies expenses by functional area in compliance with unique reporting requirements for nonprofits and the Statement of Functional Expenses. Take a deep dive into nonprofit functional accounting. Functional Accounting Methods Nonprofit...
How can financial leadership for nonprofits improve their financial management skills and build a solid foundation? Improving their skills in the areas of budgeting, forecasting, cash management, and finance lays the foundation for fulfilling a nonprofit’s...
Using spreadsheets for nonprofit financials causes frustration and unreliable results. This blog post explores the potential dangers of preparing nonprofit financials with off-the-shelf spreadsheet software. Pitfalls of Spreadsheets for Nonprofit Financials Financial...
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...
![[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...
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...