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 LineFunctional Accounting
Nonprofit Funds and Programs: How to Categorize in Accounting
A true nonprofit accounting system tracks revenue from funds and expenses from programs or functional areas. Funds and programs are the core of nonprofit accounting.
[Read more…] about Nonprofit Funds and Programs: How to Categorize in AccountingNonprofit Accountability: How Charity Watchdogs Impact Donations
How do charity watchdogs influence donations? Without proper controls and accountability, your nonprofit may be forced to shut down.
[Read more…] about Nonprofit Accountability: How Charity Watchdogs Impact DonationsRequirements for Year-End Nonprofit W-2 Preparation
Nonprofit W-2 preparation is basically the same as for-profit businesses, but with some additional considerations based on the type of nonprofit.
[Read more…] about Requirements for Year-End Nonprofit W-2 PreparationIndirect Cost Allocations: Key To Proper Fiscal Management
Developing a fair and equitable indirect cost allocations process is key to proper nonprofit financial management and reporting.
[Read more…] about Indirect Cost Allocations: Key To Proper Fiscal Management