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Case Study: Financial Clarity with Modern Nonprofit Accounting Software

The Charity CFO

For nonprofit organizations, accounting comes with a lot of complexity. In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure. What is the actual goal in a nonprofit accounting setup? Let’s meet these organizations.

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Nonprofit Trends with Tim Hudson

The Charity CFO

Welcome back to the Modern Nonprofit Podcast at The Charity CFO. Whether you are a consistent listener or joining for your first time, the podcast dives deep into the world of nonprofits, and sometimes for profit spaces to share industry specific principles, unique business practices, and much more. Based out of St.

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How Do Nonprofits Make Money?

The Charity CFO

Nonprofits exist to meet a societal need or provide a public benefit. Unlike an organization whose primary goal is to make money, nonprofits exist to meet a community’s needs. That said, while it’s not your primary purpose, your nonprofit must find ways to make money. . How do nonprofits make money?

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Is Your Nonprofit Ready for Recession?

The Charity CFO

A lot of nonprofit leaders are asking us about how to prepare their organizations for the possibility of a recession. 6 Steps to Recession-Proof Your Nonprofit. 6 Steps to Recession-Proof Your Nonprofit. So we’ll plan a 10% increase for this year and budget based on that.”. Is Your Nonprofit Recession-Ready?

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How to Create A Nonprofit Operating Reserve Policy

The Charity CFO

Why does your nonprofit need an operating reserve? . A report released last year by Candid and the Center for Disaster Philanthropy estimated the worst-case scenario would lead to the closure of 38% of nonprofits in the United States. What is a nonprofit operating reserve? . What’s the economic health of your community? .

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Nonprofit Operating Reserves: How Much Do You Need?  

The Charity CFO

No matter what corner of the nonprofit world you find yourself in, every organization has one thing in common – the need for nonprofit operating reserves. While it may sound complex, it’s a vital part of the financial picture for nonprofit leaders to consider. What is a Nonprofit Operating Reserve?

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Nonprofit Communications: Navigating Donor Conversations

The Charity CFO

Nonprofit communications can be complicated, and sometimes awkward. The secret comes down to how well nonprofit leaders understand what donors are thinking and feeling and how charities communicate with them. Think about an operating reserve as a sort of savings account and safety net for the nonprofit.