Remove Comparison Remove Ratio Remove Reflection Remove Train
article thumbnail

Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

This walkthrough isn’t just a cautionary tale—it’s a roadmap to ensuring your financial narrative remains clear, accurate, and reflective of your nonprofit’s integrity and mission. Financial statements must reflect the true nature of resources available. Let’s dive in! 5 Mistakes to Avoid 1.

article thumbnail

Ask A Nonprofit Specialist - Engaging the Board in Financial Reports

ASU Lodestar Center

Training for members without financial expertise is essential for any effective Board of Directors. expectations); Compare actual activity to expectations (comparison of budget/prior year to actual); Present a picture of the financial health of the organization. What is the overall financial health of our organization?

Report 86
article thumbnail

Tech Wellness in the Nonprofit Workplace: Tips for Avoiding Collaborative Overload

Beth's Blog: How Nonprofits Can Use Social Media

In comparison, 10 years ago, these managers spent “only” 60 to 65 per cent of their time engaged in those activities. . Clearly define workflow for online collaboration platforms and training. Team members reflect on their own remote working experiences and use that insight to create a shared charter for your nonprofit.