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Breakfast with Benefits May 2021: Nick’s Nonprofit Notions

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…

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Keeping Your “Bookkeeper” and Outsourcing Your Business Controls

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…

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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…

Outsourcing Your Accounting Services

Nonprofit organizations, and accountants, understand the need to count every penny. Staying on track with your strategic plan and achieving your goals is based largely on how your organization manages its money. Is your accountant on staff as knowledgeable as you have come to expect? Do they have the benefit of industry perspective and continually…