Nonprofit Fund Accounting: Blog Series

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Nonprofit Audit: Guide to Preparation and Requirements

Nonprofit Audit: Guide to Preparation and Requirements

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...

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Form 990: Guide to Filing Instructions for Nonprofits

Form 990: Guide to Filing Instructions for Nonprofits

Nonprofits are required by the IRS to file an annual financial information return called the Form 990. This guide provides form 990 filing instructions by breaking down the who, what and why. What is the IRS Form 990? Form 990 is a tax form that any nonprofit...

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Chart of Accounts for Nonprofits: Guide to Proper Setup

Chart of Accounts for Nonprofits: Guide to Proper Setup

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...

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Restricted Donations: Real World Answers on Expenses

Restricted Donations: Real World Answers on Expenses

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...

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