The Charity CFO

MARCH 27, 2024

As a nonprofit leader, you’ve probably heard of QuickBooks or may have even used it before. And you might be wondering if you can use QuickBooks for your nonprofit accounting. The answer is yes, QuickBooks Online can be configured for nonprofit use. Nonprofits also need to record expense receipts.

Nonprofit 40

Nonprofit Accounts Payable Compliance Invoicing 40

The Charity CFO

AUGUST 15, 2023

The nonprofit sector is full of rewarding and impactful careers because it plays a crucial role in addressing various social, environmental, and humanitarian challenges. In this section, we will debunk the three most common nonprofit accounting myths. Ready to dive deep into this exciting realm?

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

The Charity CFO

JANUARY 26, 2023

Nonprofit leaders have an especially hard time understanding, preparing and filing their returns. You see, a 501 nonprofit corporation is recognized as tax-exempt by the IRS but this doesn’t mean they are exempt from filing taxes. Fortunately, filing taxes for a nonprofit doesn’t need to be stressful.

Nonprofit 52

Nonprofit Accounting Principles Profit and Loss Auditing 52

The Charity CFO

OCTOBER 2, 2023

Bringing in money from significant contributors like foundations is vital for many nonprofits. Understanding Donations and Loans and Their Impact on Nonprofits It’s important to be clear about what we’re discussing before considering the benefits and drawbacks.

Nonprofit 59

Nonprofit CFO Financial Reporting Finance 59

The Charity CFO

SEPTEMBER 28, 2022

If you manage a nonprofit, you know very well that every day there are a million and one things to be done. But it’s often seen as “busywork,” it rarely makes the priority list, and under-staffed nonprofit teams often fall behind. But nonprofit bookkeeping doesn’t have to be so stressful.

Nonprofit 105

Nonprofit Invoicing Accounting CFO 105

The Charity CFO

DECEMBER 8, 2022

Grants are the lifeblood of nonprofits, giving them the much-needed cash injection to market the organization, fund a project, or get an initiative off the ground. Having a full grant pipeline increases your nonprofit’s chances of success and improves your visibility and credibility. What is a Grant? Scholarships. Outreach initiatives.

Accounting 52

Accounting Nonprofit Auditing Compliance 52

The Charity CFO

NOVEMBER 10, 2022

What should you look for when evaluating nonprofit accounting services? Nonprofit organizations exist to further a mission or goal. These entities rely on donations, grants, membership fees, and program revenue to stay operational. . The truth is, many nonprofits tend to fumble when it comes to their books. .

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

The Charity CFO

APRIL 5, 2022

But that’s not quite true—nonprofits face a decision between 2 different accounting methods for tracking their financial activity: cash accounting vs. accrual accounting. Is your nonprofit required to use accrual accounting? The core difference between cash and accrual accounting systems is when you record financial transactions.

Nonprofit 98

Nonprofit Accounting GAAP Auditing 98

The Charity CFO

FEBRUARY 2, 2022

Every tax exempt nonprofit must file IRS Form 990 (Return of Organization Exempt from Income Tax) every year. That’s right, your nonprofit needs to file an IRS return. In fact, as a nonprofit organization, the expectations for transparency and accountability are higher than those for for-profit businesses.

Nonprofit 98

Nonprofit Profit and Loss Auditing GAAP 98

The Charity CFO

JANUARY 19, 2023

Accounting standards for nonprofits are probably not the first thing you think about, but are crucial for your organization to succeed. Nonprofit organizations distinguish themselves from for-profit entities through their purpose and mission.

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

The Charity CFO

DECEMBER 28, 2022

As a nonprofit leader, your financial stewardship is important to remain compliant with the IRS. Not only that, these statements need to be sound and easy to understand so as to provide a window into the financial health of your nonprofit. But what are the financial statements? Statement of Financial Position. Liabilities.

Nonprofit 52

Nonprofit GAAP Accounting CFO 52

CFO News Room

NOVEMBER 22, 2022

Executive Summary. Welcome back to the 308th episode of the Financial Advisor Success Podcast ! My guest on today’s podcast is Matthew Blocki. Matthew is the CEO of Equilibrium Wealth Advisors, an independent RIA based in Pittsburgh, Pennsylvania, that oversees more than $275 million in assets under management for 330 client households.

Planning 130

Planning Communication Profit and Loss Education 130

CFO News Room

NOVEMBER 16, 2022

Thanks above all to the pioneering and in-depth work of Eileen Appelbaum and Rosemary Batt, the press, Congresscritters, and the victimized general public have gotten an idea of how private equity’s exploitation of the many chokepoints in health care has enabled them to profit greatly to our collective detriment.

Profit and Loss 130

Profit and Loss Nonprofit Investments Healthcare 130

Barry Ritholtz

APRIL 11, 2023

So — RITHOLTZ: So just for the record, it’s not Damodaran, it’s Damodaran. And then meld in a little psychology and behavioral finance, and you have what is truly a masterclass by one of the great professors in the world of finance. I found our conversation to be absolutely fascinating. RITHOLTZ: Right. And I said, why?

Valuation 114

Valuation Education Finance Investments 114