Managing Money With Mission

Category Archives: Nonprofit Accounting Practices

Nonprofits Shouldn’t Overlook their Accountants

Most, if not all, nonprofits need to work within a tight budget. Programs, salaries, capital projects, building maintenance – none of these line-items are free. Many executive directors and board members are trying to find ways to decrease expenses, but tightening your organization’s purse strings in the areas of accounting assistance and bookkeeping may end… Continue Reading

Cash Needs for Your Nonprofit

There’s an interesting belief held by many nonprofit stakeholders that having the 501(c)(3) designation means the organization cannot have a “profit” at the end of the year. Running your nonprofit like this could lead to drastic money issues down the road. When it comes to cash needs for your nonprofit, it is important to remember… Continue Reading