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 ReportCharitable Contributions
Practices to Modernize Your Donor Stewardship Plan
Your organization is doing well with donations. You’ve found donors who care deeply about your organization and have donated generously. But does that mean you’re done? Not even close.
[Read more…] about Practices to Modernize Your Donor Stewardship PlanDifference Between Nonprofit Earned Revenue vs Charitable Contributions
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 ContributionsNew Tax Laws Affect Charitable Contributions
While the 2017 tax law benefits corporations and individuals, it affects charitable contributions. Nonprofit organizations may be the biggest losers under the new law. The new law went into effect on January 1, 2018 and will not affect 2017 income taxes.
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