Financial Management
Three Easy Ways for Foundations to Support Democracy
Pablo Eisenberg shares some reforms that speak to democracy in the United States, and that would be pretty easy for foundations to do.
Eight Strategic Mistakes with Memberships
Eight strategic errors nonprofit organizations often make that stand in the way of “smart growth” in their membership numbers.
Our Executive Director is Embezzling
It’s the call no board member wants or expects to get: The organization’s executive director is being investigated for embezzlement.
Attorney Recommends Review Instead of Audit
A nonprofit considered moving away from having an annual audit to having a review, and the board wanted a legal opinion before making a decision.
Seven Ways to Reduce Your Audit Costs
Dennis Walsh, a certified public accountant, shares seven ways nonprofits can reduce the costs around the auditing process.
Focus on the Destination, Not the Route (Budget)!
Jeanne Bell argues it’s time to stop looking at budgets and pay attention instead to projections and financial goals.
Finance Fear Factor Ratios
Watching indicators of financial health like performance-to-budget or reserve size are important, but may not say if you need to worry now.
Volunteer Time Financial Statement Illustrations
Financial notes for the article, “Tracking Volunteer Time to Improve Your Bottom Line: A Complete Accounting Guide,” by Dennis Walsh, CPA.
Tracking Volunteer Time to Boost Your Bottom Line: A Complete Accounting Guide
CPA Dennis Walsh of North Carolina explains why and how to include volunteer time in your nonprofit’s budgets and financials.
Loans From Nonprofit Board Members
Should a nonprofit organization accept a personal loans from a board member? A starting point for a discussion with your board or financial advisor.