Nonprofit accounting is the process of recording, managing, and preparing compliant financial statements for 501(c)(3) organizations. This includes everything from tracking income and expenses to tax returns to generating financial reports necessary for maintaining tax exempt status.[Read more…] about Best Practices for Mastering Nonprofit Financial Statements
IRS Form 990
IRS Form 990 instructions can seem overwhelming for many nonprofits. Yet, it’s crucial to follow the requirements for correct submission. If your nonprofit fails to comply with these instructions and stipulations, you could face penalties.
This guide simplifies the process by offering a step-by-step walkthrough on how to accurately file IRS 990 for your nonprofit organization.[Read more…] about IRS Form 990 Instructions for Filing Correctly
Fundraising can be a stressful process, and the idea of setting nonprofit fundraising goals for yourself may be intimidating. Charitable giving backs the majority of your nonprofits’s programs and initiatives. Therefore, it’s likely one of the top priorities for your organization.[Read more…] about 5 Tips to Accomplishing Your Nonprofit Fundraising Goals