Small to mid-sized businesses and nonprofits tend to default to having one person control all of the business’s accounting functions, known fondly as “the bookkeeper.” Oftentimes this bookkeeper ends up being the company’s owner or nonprofit organization’s executive director. Aside from the capacity challenges of a high-level employee managing the books when they should be focused on managing the progression of the organization, having only one person performing the accounting can open doors to the potential for fraud. Continue Reading
Managing Money With Mission
Category Archives: Nonprofit support
Six Nonprofit Resolutions for the New Year
2020 certainly didn’t make for a stellar year for many nonprofit organizations. Will your organization keep the same resolutions for 2021 or consider new ideas to push for better sustainability after a trying year? As we all move forward, here are six resolutions you can easily implement for your nonprofit. Continue Reading
Three Accounting Best Practices for Nonprofits
Nonprofits don’t always consider the importance of proper accounting practices. What happens if your nonprofit makes money at the end of the year? Do you know if an employee or board member has a conflict of interest? Having solid accounting practices not only helps the overall success of your organization, but they are necessary for… Continue Reading
Three Social Media Mistakes that Cost Nonprofits
A few years ago, a Georgetown University study found 55% of people who engage with nonprofits on social media pages will take some sort of action. To make sure your audience connects with you there are a few basic mistakes you will want to avoid. Here’s how to avoid those issues and continue using Social… Continue Reading
Creating a Successful Nonprofit Business Plan
Nonprofits and charities are usually not created from business plans but from so many emotions: fear, love, anger, happiness, pain, and passion. Causes that are a person’s passion usually see the most success in terms of the work done for the community as well as raising funds to keep that work going, but a business… Continue Reading