Remove should-your-nonprofit-have-debt
article thumbnail

Should Your Nonprofit Have Debt?

The Charity CFO

If you’re like most nonprofit leaders, you probably have questions — and possibly mixed feelings — about nonprofit debt. That’s because you’ve also probably received mixed messages about nonprofits and debt. Nonprofits aren’t often encouraged to take on debt.

article thumbnail

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. Assess Your Cash Flow. Keep Your Debt to a Minimum. Every quarter? Every year?

Nonprofit 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The 5-Minute Guide to Nonprofit Finances

The Charity CFO

It’s a myth that all stakeholders need to be experts in every aspect of nonprofit finances. Even on nonprofit financial committees, some members may be skilled in accounting, others in banking, and others in investing or financial analysis. Because the basics of nonprofit finances are easy to grasp. . Money In: Revenue.

article thumbnail

How to Fill Out Form W-9 for a Nonprofit

The Charity CFO

Likely to the dismay of many nonprofit leaders, nonprofit organizations must practically live and breathe bureaucracy to maintain their tax-exempt status and ensure the continuation of their mission. What is the Form W-9 for Nonprofits? Reasons Your Nonprofit Might Need to Fill the Form W-9. Debt cancellation.

article thumbnail

Top 5 Nonprofit Financial Red Flags According to a CPA

The Charity CFO

As a CPA working exclusively with nonprofits and a former nonprofit auditor, I’ve looked at thousands of nonprofit financial statements over the past 10 years. Over the years, I’ve identified a set of 5 nonprofit financial red flags that are fairly common and almost always lead to trouble sooner or later.

article thumbnail

7 Essentials Of Nonprofit Financial Management

The Charity CFO

Many nonprofit organizations tend to let their financial management slip on the backburner as they get busy fulfilling their mission. Sure, your mission should be a priority, but managing finances can’t be neglected either. Without a good grasp of your finances, your nonprofit risks: Exposure to fraud.

article thumbnail

10 Sunday Reads

Barry Ritholtz

Avert your eyes! Matthew Desmond: We have more of it. We have double the child-poverty rate of Germany and South Korea. We have double the child-poverty rate of Germany and South Korea. We have a lot less to go around with, in terms of fighting poverty. billion including debt. Rich People Won.