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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

Ensuring compliance and accuracy in your financial reporting involves several key actions: Regularly review the latest guidelines and summaries provided by authoritative bodies on revenue recognition of grants and contracts. It automates and facilitates these comparisons, allowing for more efficient monitoring and decision-making.

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Nonprofit Accountant vs. Fractional CFO: The Key Differences

sgEngage

Having multiple people working on your organization’s finances helps ensure accuracy—not only by delegating tasks efficiently, but also by allowing for additional review of records and reports. However, their main duties generally include: Reviewing and maintaining financial records. Analyzing budgets. Preparing for audits.

professionals

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New CMS Guide Available: Low Cost CMS Review from Idealware

NTEN

Idealware recently released an update to their "A Consumers Guide to Low Cost Nonprofit Content Management Systems," which you can download for free here. It includes a summary comparison matrix for a quick reference, detailed product reviews, plus a directory of consultants that can help nonprofits select and/or implement solutions.

Review 72
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Is Your Nonprofit Half Way to Your 2020 Fundraising Goal$?

Nonprofit Tech for Good

While you’re looking at incoming revenue and comparing it to the prior year, take some time to review your expenses as well. Note: While you’re reviewing incoming revenue, if you don’t already, take a look at in-kind donations as well! Whatever the case may be, don’t forget to monitor your expenditures. this year for major donors.

Goal 310
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3 Steps to Create a Sustainable Nonprofit Operating Budget

Greater Giving

For instance, you could cut your marketing expenses by canceling unnecessary subscriptions and looking into free communication tools, or reduce your utility bills by moving to a hybrid office model. At least once a month, sit down with your nonprofit’s leadership team, board members, and accountant to review your budget.

Create 52
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Grants Management Software: Download Idealware's New Comparison

Tech Soup

Available from Idealware's website as a free download, the updated guide compares 20 grants management systems, including popular offerings from Bromelkamp and MicroEdge. The guide includes six-page reviews of each system, outlining how each one stacks up based on more than 125 criteria. Complex application review needs.

Grant 44
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Consumers Guide to Low Cost Donor Management Systems

Robert Weiner

The guide presents detailed comparisons of 33 donor databases that cost less than $4,250 in the first year. A companion 85-page report provides in-depth reviews of the twelve systems that emerged at the top of their ranking, including details of the functionality offered for each of 127 criteria they considered. read more.

System 100