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Functional Accounting

Statement of Activities: How to Read This Key Nonprofit Financial Report

The statement of activities report shows nonprofits how much money they have and how it is being used. This guide teaches the basics of reading and understanding a nonprofit Statement of Activities. It also helps predict your organization’s financial future.

Nonprofit organizations rely heavily on financial reports to make informed decisions about their operations. But often times, these reports are difficult to read and understand.

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Form 990: Guide to Filing Instructions and Requirements for Nonprofits

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.

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8 Reasons Why Financials for Nonprofits Are More Difficult than For-Profits

Financials for nonprofits require an in-depth understanding of the sector as well as exposure to some of the challenges that make it so unique.

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Nonprofit Cash Flow Forecasts: How To Avoid Deficits

Nonprofit cash flow forecasts predict when revenue comes in and when revenue goes out. It is an excellent tool to avoid cash shortfalls. By pinpointing deficits during a 12-month period, your nonprofit can avoid a crisis before it becomes a major problem.

How To Achieve Steady Nonprofit Cash Flow - araize.com
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Criteria for Hiring a Skilled Nonprofit Accountant

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 to ensure compliance and accountability.

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