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The Art of Grant Budgeting: A Guide for Nonprofit CFOs
Is your organization’s CFO ready to put together a grant proposal budget that will make an impact with potential funders?
Nonprofit ROI: How “Measuring the Good” Can Help Nonprofits Justify Investments
Expanding what “return on investment” means to your nonprofit — beyond just money — can help provide a clearer idea of how you’re helping your community and serving your mission goals.
Rethinking Perpetuity: Resetting Endowment Expectations After the Pandemic
With endowments, let’s rethink ‘forever’ and explore new, flexible ways to ensure your nonprofit organization’s longevity and effectiveness.
A Beginner’s Guide to Filing a Form 990 for Your Nonprofit Organization
For nonprofit organizations, filing a Form 990 can be overwhelming and confusing, especially if it’s your first time. In this article, we will discuss everything you need to know about filing a Form 990, including six steps to take before, during, and after transmitting your form to the IRS.
How Nonprofits Can Benefit from Embracing ESG Practices
By expanding ESG efforts and communicating them effectively, nonprofits can engage new audiences and achieve greater impact. This article discusses how nonprofits can document and communicate their ESG impact and provides five steps to get started.
5 Best Practices for Building a Nonprofit Annual Operating Budget (with Template!)
There are as many forms of nonprofit budgets as there are forms of organizations. Unlike financial statements, which have some rules and guidelines according to accounting standards, the same level of industry-imposed standardization for budget documen …
Does Your Nonprofit Receive Donations of Services, Supplies or Equipment? Changes are Coming!
Changes to How Nonprofit Organizations Report In-kind Contributions of Nonfinancial Assets It is common for nonprofits to receive donations and contributions of nonfinancial assets, more commonly known as in-kind contributions. Typical examples of in-k …
Role of the Nonprofit CFO in Executive Management: The Watchdog Responsibility
Standing before the board to report executive fraud or unethical behavior—that’s an image that no CFO likes to contemplate. The board expects the Executive Director (ED) and CFO to work in partnership to further the mission, but most boards also expect …
Practical Tips for Nonprofit Budgeting
Being the financial type, I am fond of saying that “the numbers tell a story.” And the story of what your organization plans to do in the coming fiscal year is called the budget. Every year, organizations like yours go through the process of creating a …
Download Spreadsheet: Forecasting Nonprofit Finances & Pivoting Programs in a Crisis
Though many people see finance as nothing but a collection of terrifying spreadsheets, I see it as the central branch of nonprofit philosophy. When the pandemic hit, our nonprofit changed everything about the way we work—overnight—and spent the …