It’s that time of year when we start setting timelines with our nonprofit clients for annual budgeting. For most clients who operate on a calendar year (1/1-12/31), we want to have internal discussions about revenues and expenses in October, put together a solid draft budget for your finance committee in November, and get a final…
Historically, workplace environments thrived in “silos” for their employees: the sales folks stay over here, the marketing folks over there, the accountants in the back. Notice how the word “thrived” is in past tense as the world has changed and businesses are trying to catch up with the constant churn. Accounting agencies are looking for…
Remote audits in 2020 proved to be so valuable, some firms are leveraging the technology by going another step further, taking deep dives into cybersecurity risks and searching harder for fraud. Auditors will be heading back to their offices soon and while many will still prefer to meet in person with their clients, some large…
Nonprofits and organizations are starting to bounce back after the lost year that was 2020 and at this point in 2021 should be wrapping up their reporting for the Paycheck Protection Program (“PPP”). Many organizations chose to participate in this loan program to offset eligible payroll costs during the pandemic. The program is still open…
As the head of Numbers 4 Nonprofits I faced the challenge of managing our company and people through the pandemic. With that experience and my 20 years of being a CPA and business owner, I thought I’d share some reflections so that others can learn from our experiences as well as hear my opinions on…
There are always changes that can be implemented at your nonprofit or business that will make your operations more efficient, especially when it comes to accounting practices. It’s hard to realize your organization may be working with multiple inefficiencies since you’re “in the weeds” with day-to-day work. Unless something goes wrong, why change it? The…
We are heading into tax filing season and the IRS is seeing an uptick in taxpayers receiving form 1099-G even though they never filed for unemployment during 2020 and the COVID-19 Pandemic. If you or any of your employees received the form yet never filed, identity theft is likely and someone may have received benefits…
Tuesday, March 9, 2021 8-9 am “How to Operate Completely in the Cloud” Presented by: Matt Eberly Senior Technology Consultant, IT Team Manager DANEnet Matt will discuss transitioning away from on-premise servers and services to be able to operate completely in the cloud. Matt has worked for DANEnet since 2002. He has a BA and he…
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…
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.
Managing Money With Mission
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