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…
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…
When you hear about “fractional CFOs” you probably aren’t thinking about hiring one for your nonprofit. But, having a part-time Chief Financial Officer / Controller to advise your executive team could be the part that’s missing to help your nonprofit grow. Fractional CFOs are starting to become more common place, not just for large companies…
As a benefit to nonprofit leaders and their staff, N4N hosts the Breakfast with Benefits series to give nonprofit staff an opportunity to get together (virtually for now), share ideas, and learn from presenters on current topics affecting nonprofits. Tuesday, September 8, 2020 8 – 9 a.m. Retirement Plan Pitfalls: The Difference Between Average and Exceptional…
Since March, 87% of nonprofit organizations have experienced disruptions to their operations, according to the Center for Nonprofits. We have seen it with many of our nonprofit clients and have worked diligently with them to manage their funding issues and apply for assistance as offered through the CARES Act. Even with this extra support through…
During these times, the way we hold meetings has changed but the benefits of networking and education has not. YOU ARE INVITED TO OUR VIRTUAL EVENT! Best Practices in Banking Q&A Your Questions Answered on Banking Security, Accounts, and Loans Tuesday, May 12 7:45 – 9 a.m. Virtual Zoom Meeting Presented by: Thomas Pope, AAP,…
When it comes to unrelated business expenses, the Internal Revenue Service appears close to releasing proposed regulations that were part of the 2017 Tax Cuts and Jobs Act. The new rules could mean reporting changes that might be complicated, specifically for larger nonprofits that receive revenue outside of normal fundraising programs.
YOU ARE INVITED! Annual Report Development Panel Q and A on the Content and Creation of your Organization’s Annual Report Tuesday, January 14 7:30 – 9 a.m. The Road Home Dane County: 890 W. Wingra Drive, Madison Presented by: Melissa Carlson, Owner of Melissa Carlson Creative (melissacarlsoncreative.com) Leslie Blaize, CPSM, Owner of Blaize Communications (blaizecommunications.com)…
As we all know, running a non-profit can be challenging in so many ways. We need to be as creative and resourceful as possible to find every competitive advantage. One program that we should all be aware of is the Google Grant program.
Analyzing your nonprofit’s financial health is essential for the sustainability of your organization. If your organization uses a nonprofit accountant that regularly maintains transaction activity throughout the year, you will be prepared for closing the books and have a smoother audit. Here are four best practices to be prepared for your year-end reporting.
Managing Money With Mission
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