Being awarded a grant is a great honor for nonprofits. The application process takes hard work, and there is often a lot of competition. But what happens after your organization…

If you have a nonprofit (tax-exempt) organization that sometimes has cash flow issues during the year, you should know that you are not alone. It isn’t unusual for all sizes…

One of the first things people should learn when they’re thinking of starting a nonprofit is understanding the difference between normal accounting and fund accounting. Because nonprofit organizations focus on…

Nonprofit Financials If you’re thinking of starting a nonprofit, or you’re trying to learn more about how to run your nonprofit from an accounting standpoint, then it’s important you understand

One of the primary roles of a nonprofit board of directors is to provide fiscal oversight for the organizations they serve. However, there are different approaches to financial oversight by…

Did you know accounting has been around for thousands of years? We can trace it back to ancient civilizations. Abilkisu sat inside a stone cubicle in the bullpen of Mesopotamia…

There may come a time when members of your organization have to travel. Travel costs money, so how would a nonprofit or church track those expenses? Below, we cover the…

Accounting refers to the process of auditing, maintaining, and processing financial information. Every business relies on accounting principles to organize, maintain, and process financial dealings. The majority of businesses and…

How To Write A Nonprofit Business Plan: Lesson 8 Okay. It’s time. Don’t panic. We’re going to talk about accounting. I know, most people hate thinking about it and it…

Anyone that has not had an Accounting 101 class will most likely be confused by the concept of Debits (Db) and Credits (Cr). These are nothing like Debit and Credit…