Hiring a new pastor is a big deal. Once they are hired, the first things that need to be established are their salary, health insurance, and housing benefits. A pastor’s…

One primary trait of healthy nonprofit organizations is exercising solid financial management policies and strategies that will put your cause in a position to be successful for the foreseeable future.…

Churches should have their finances organized in an accessible format that makes it easy to make the right decisions. If you’re still organizing your church finances with pen and paper, you’re asking…

Are you getting ready to plan an event for your church? Perhaps you are hosting a potluck, conducting an Easter celebration, or putting on a Vacation Bible School. Whether your…

Nonprofits and churches are special. You know this and we know this. But why is that, exactly? Among countless other things, one major distinguishing factor is their use of fund…

The members of a church’s finance committee have a huge responsibility. They are tasked with collecting and disbursing funds to make sure the church remains financially sound. They must also…

Practically everyone has heard the saying, “It takes money to make money,” and that phrase also rings true when it comes to fundraising for your nonprofit. Whether your organization is…

When someone managing a nonprofit needs to understand their organization’s financial standing, it’s generally a best practice to start with their financial reports. But some organizations, unaware of the ways financial…

Nonprofit organizations are more than just charitable institutions. They also often have unique needs and goals that require specific financial reporting methods to measure their success and efficiency. The fund…

Back in 2016, the FASB (Financial Accounting Standards Board) approved several changes regarding nonprofit financial statements. One of the more significant rules, also known as ASU 2016-14, states that all…