by Staff | Jan 10, 2025 | Budgeting, Cash Flow & CFO Strategy, Financial Reporting & Board Oversight, Posts
For nonprofits, financial stability is essential to fulfilling their mission and sustaining operations, even during challenging times. One critical component of this stability is a reserve fund, a financial safety net that provides organizations with the flexibility...
by Staff | Dec 6, 2024 | Budgeting, Cash Flow & CFO Strategy, Leadership, Trends & Community, Posts
For seasoned nonprofit leaders, year-end financial management is not about checking off boxes—it’s about leveraging the process to refine strategy, enhance transparency, and position your organization for success. Here’s how to use year-end financial management to...
by Staff | Nov 4, 2024 | Budgeting, Cash Flow & CFO Strategy, Compliance, Payroll & Tax, Posts
Understanding sales tax exemptions for nonprofits doesn’t have to be complicated, though it can vary widely from state to state! In this blog, we’ll break down how different states manage sales tax exemptions for nonprofit organizations, especially those with a...
by Staff | Oct 2, 2024 | Budgeting, Cash Flow & CFO Strategy, Compliance, Payroll & Tax, Posts
Employee benefits are essential for attracting and retaining top talent, even for nonprofits with tight budgets. Offering competitive benefits helps show your team that you value their contributions, but it also requires careful financial planning and tracking. In...
by Staff | Jul 9, 2024 | Budgeting, Cash Flow & CFO Strategy, Financial Reporting & Board Oversight
As we reach the halfway point of the year, it’s an opportune moment for nonprofits to conduct a mid-year financial review. This essential practice helps organizations assess their financial health, ensure they are on track with their goals, and make necessary...
by Staff | Jan 10, 2024 | Budgeting, Cash Flow & CFO Strategy, Leadership, Trends & Community
Visualizing 2024: Leveraging New Trends for Nonprofits As we enter 2024, nonprofits are presented with an ever-evolving landscape that demands strategic adaptation in various facets of operations. Here’s a look at how nonprofits can leverage new trends to thrive...
