Financial Management
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.
You Got the Grant! Now What?
Nonprofits that do not deliver on the terms of a grant contract are at risk of having to return the funding. Make sure you have a plan.
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.
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.
Can’t Raise Cash Through No VAULT of Your Own?
Seven results-based ideas and three relationship-based ideas on how to build your nonprofit’s capital structure.
What a Finance Committee Can Do for Your Board of Directors
Implementing a finance committee of the board of directors was one of the best things our organization ever did. Here’s why.
Functional Expenses Decreased During Covid-19? How to Prepare for Conversations with Funders
It’s important to be open and honest in communications with funders. Nonprofits should articulate why the metrics may have changed.
Alleviate Accounting Systems & Staff Training Chokepoints to Power Nonprofit Missions: Part 2
A case on how one Oregon nonprofit did it. Part 2 of 2.
The Employee Retention Credit: What Nonprofits Need to Know
Originally enacted as part of the CARES Act in March 2020, and subsequently voted into law last December, the Employee Retention Credit (ERC) may now be claimed by eligible employers — and that includes tax-exempt nonprofit organizations — that previously […]