Proper nonprofit audit preparation builds donor trust, financial transparency and accountability. This guide steps you through preparation, requirements and standards.
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Form 990: Guide to Filing Instructions for Nonprofits
Nonprofits are required by the IRS to file an annual financial information return called the Form 990. This guide provides form 990 filing instructions by breaking down the who, what and why.
[Read more…] about Form 990: Guide to Filing Instructions for NonprofitsGuide to the Nonprofit Statement of Financial Position Report
What is a nonprofit statement of financial position report and how can it determine if a nonprofit is healthy financially?
[Read more…] about Guide to the Nonprofit Statement of Financial Position ReportNonprofit 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 ProgramsNonprofit 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.
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