Faced with limitations on direct and indirect cost recovery, funding nonprofit overhead can be challenging for nonprofits.
[Read more…] about Funding Nonprofit Overhead For Direct and Indirect CostsFunctional Accounting
Investing In Nonprofit Overhead Reaps Rewards
Running your organization like a for-profit business and investing in nonprofit overhead reaps rewards.
[Read more…] about Investing In Nonprofit Overhead Reaps RewardsHow to Read Your Nonprofit Statement of Activities Report
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 ReportNonprofit Support Services: Impact On Bottom Line
Nonprofit Support Services expenses include administrative and fundraising costs. These cost categories are essential for the operation of your nonprofit, and for the management and fulfillment of your mission based programs.
[Read more…] about Nonprofit Support Services: Impact On Bottom LineNonprofit Accounting: Difference Between Funds and Programs
In order to understand nonprofit accounting, it is important to know the difference between funds and programs. A true nonprofit accounting system tracks revenue from funds and expenses by programs or functional areas.
[Read more…] about Nonprofit Accounting: Difference Between Funds and Programs