A limited, disorganized budget can make it challenging for nonprofits to achieve their goals. That’s why budgeting for nonprofits should be a top priority, especially for those with a growth mindset. The nonprofit budgeting process involves planning and managing an...
The nonprofit Chart of accounts (COA) is the foundational structure of your organization’s financial statements. It serves as both an index of your account numbers and names, and as a guide for where to categorize all the financial activity of your organization. If...
Establishing and maintaining the financial integrity of a nonprofit organization is no easy task, especially if you find yourself in a period of rapid financial growth. As you raise more money, your budgets shift. As your budgets shift, reporting becomes more...
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