Finance
Master the art of nonprofit finance. Explore a curated collection of articles, insights, and resources on budgeting, fundraising strategies, compliance, and more.
Discover practical advice and expert tips to effectively manage your organization’s finances and maximize your impact.
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!)
While no two nonprofits are exactly alike, there are some best practices that all organizations should use when building their annual operating budgets.
Does Your Nonprofit Receive Donations of Services, Supplies or Equipment? Changes are Coming!
A new accounting standard will bring clarity and consistency to how in-kind contributions of nonfinancial assets are reported for nonprofits.
Role of the Nonprofit CFO in Executive Management: The Watchdog Responsibility
The board expects the Executive Director (ED) and CFO to work in partnership to further the mission, but most boards also expect the CFO to perform a “watchdog” function. If the ED is the engine of the bus, the CFO is the insurance, the maintenance, and yes, sometimes the brakes.
Practical Tips for Nonprofit Budgeting
Every nonprofit needs a budget, but some are more effective than others. Consider these tips for making a budget that works well for everyone.
Forecasting Nonprofit Finances & Pivoting Programs in a Crisis: Download Spreadsheet
Forecasting is financial prototyping, and it’s a tool that will remain as part of our finance strategy. Download the budget forecast template.
Discussion Corner: Accounting Rules for Silent Auctions from Donated Articles?
Blue Avocado explores procedures concerning who is permitted to catalog and inventory donated items received by a nonprofit.