by Staff | Oct 5, 2023 | Accounting Software & Workflow, Nonprofit Bookkeeping
In the eerie world of nonprofit finances, where transparency is as elusive as a ghostly apparition, the specter of messy financial statements can cast a chilling shadow over even the most well-intentioned organizations. Donors, grantors, and stakeholders rely on these...
by Staff | Sep 5, 2023 | Compliance, Payroll & Tax
Introduction Congratulations! You’ve embarked on the rewarding journey of establishing a nonprofit organization, securing its foundation, and obtaining that coveted 501c3 status. Now, the next phase begins: expanding your nonprofit’s impact by bringing...
by Staff | Aug 9, 2023 | Leadership, Trends & Community
August 17th is National Nonprofit Day! In recognition of all the hard work that nonprofits do, we asked our staff to share their favorite nonprofits lifting up their respecitve communities. We are fortunate to work with many amazing nonprofits as a financial services...
by Staff | Jul 7, 2023 | Compliance, Payroll & Tax, Financial Reporting & Board Oversight
For nonprofits, transparency and accountability are essential principles. One crucial aspect of financial reporting for these organizations is the Statement of Functional Expenses. This statement provides a detailed breakdown of how a nonprofit utilizes its resources...
by Staff | Jun 13, 2023 | Accounting Software & Workflow, Nonprofit Bookkeeping
How To Read Your Chart Of Accounts Every time you record a financial transaction for your nonprofit organization—a new grant received, a donation from a supporter, expenses for a fundraising event—you need to ensure it is recorded in the appropriate account. But how...
