Total Software Solution for Nonprofits
Is your nonprofit tax exempt? Being a nonprofit organization doesn’t mean you are exempt from paying taxes. This post explores the criteria for tax exemption. Nonprofit Tax-Exempt Criteria Nonprofit organizations must fulfill federal requirements to qualify as...
Hiring a nonprofit accountant is critical to a nonprofit’s success in fulfilling its mission. Selecting an accountant with the proper skills and understanding can be a daunting task. Before you hire your next nonprofit accountant, be sure they have the knowledge...
Nonprofit financial transparency is essential, both legally and ethically, for building trust and accountability to funding sources. Nonprofits are required to publicly disclose current tax forms and financial information. But, nonprofit accountability goes beyond...
Nonprofits sometimes get caught up with donor restrictions imposed on donations and how to use these funds to pay expenses. What is the best way to pay expenses using donor restricted funds and remain compliant? How to Pay Expenses Using Donor Restricted Donations In...
Technology can simplify your event management, saving you time. Try these effective digital event management strategies when planning your nonprofit’s next fundraising event! Nonprofits have relied on fundraising events to earn a portion of the revenue they need to...
In order for organizations to maintain their status they must demonstrate nonprofit compliance with government regulations. We explore key ways to remain compliant. Accounting Practices for Nonprofit Compliance Although a nonprofit may have been founded out of a...
Nonprofit Form 990 red flags impact donor trust and reveal lack of due diligence. The 990 is a snapshot of how well an organization has complied with government regulations and what activities it has carried out to ensure it is upholding its mission. Who Files Form...
Nonprofit restricted assets refers to the management of net assets: net assets with donor restrictions and net assets without donor restrictions. In order to avoid unintentionally misappropriate funds, it is important to understand the practical management of...
Your nonprofit board is made up of passionate individuals who want the best for your organization and will do everything in their power to get you there. Having an effective decision-making board can strengthen a nonprofit in many ways. Overall, these individuals aim...
How many donors worldwide do you think prefer online payment processing for nonprofits with a credit or debit card? Did you guess more than half? It’s true. According to the Global Trends in Giving Report, 54% of donors prefer paying online. As donor trends continue...