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 Line
Nonprofit Fund Accounting Software
Discover the Potential of Nonprofit Earned Revenue for Sustainable Financial Growth
Earned revenue for nonprofits is money that a charity earns for providing goods or services.
Nonprofit organizations play an important role in addressing social issues and championing causes that benefit society. Yet, the financial sustainability of nonprofits can be a challenge, with limited funding sources and increasing demand for services. Diversifying revenue streams through earned revenue is a powerful way for nonprofits to generate sustainable income and achieve mission impact.
In this blog post, we will explore strategies and best practices for unlocking the potential of nonprofit earned revenue. From understanding the types of nonprofit earned revenue to learning from real-world examples, this post will provide actionable insights for nonprofit leaders looking to grow and sustain their organizations.[Read more…] about Discover the Potential of Nonprofit Earned Revenue for Sustainable Financial Growth
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 Accounting
GAAP for Nonprofits: Standards for Financial Reporting
GAAP for nonprofits has set new fund classifications under FASB, altering the presentation of financial reporting.[Read more…] about GAAP for Nonprofits: Standards for Financial Reporting
Nonprofit 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 Donations