Employee Spotlight is a blog series meant to offer an inside look at our company culture and, most importantly, highlight the talented individuals who help make our company special. From accountants and software implementation specialists to operations, marketing, and HR professionals, get to know the people behind Chazin. Today, we are getting to know Gia,…
Financial Readiness in Today’s Funding Climate Do your board members’ eyes glaze over during financial report reviews? The problem isn’t the numbers themselves; it’s how they’re delivered. Financial storytelling transforms your statement of financial position and statement of activities into compelling stories that engage boards, inspire confidence, and demonstrate mission impact. Key Takeaways: Financial storytelling transforms compliance documents into strategic tools that engage boards and prove mission impact. The framework that guides you from defining your audience to…
Financial Readiness in Today’s Funding Climate The funding landscape has shifted, and many organizations are now evaluated with early filters that focus on financial readiness, risk, and stewardship rather than the mission narrative alone. Policy and economic changes, reduced funding, heightened competition for fewer dollars as demand for services increased, and evolving federal and donor expectations have raised the bar for what it means to be “funding ready.” Now, nonprofits…
Thinking about finances during a global pandemic is not an ideal place to be, but it was exactly the situation Charlotte Symphony Orchestra (CSO) faced when David Fisk joined the organization in 2020. The immediate task for him? Make a decision about their accounting systems going forward.
David led a formal request for proposal (RFP) process, evaluating three firms to find the best fit. By the end, the decision was unanimous. “There was no doubt in our minds at the end of that process,” he recalls, “that picking Chazin was the smart decision to make.” …
In an environment of rising costs, shifting funding sources, and heightened accountability, nonprofit financial health depends on more than good intentions—it requires disciplined planning. A well-constructed nonprofit budget is one of the most powerful tools leaders have to translate mission into action, align resources with priorities, and anticipate financial risk before it becomes a crisis. Unlike a static…
Many nonprofit leaders start their search for accounting services with a simple assumption: If someone has CPA credentials, then they must be qualified to handle nonprofit accounting. While CPAs are highly trained, this assumption misses a crucial point: Sector expertise matters as much as credentials. Nonprofit accounting isn’t just business accounting with a different tax status. It operates under its own rules and its own unique language. Donor restrictions, grant requirements,…
Employee Spotlight is a blog series meant to offer an inside look at our company culture and, most importantly, highlight the talented individuals who help make our company special. From accountants and software implementation specialists to operations, marketing, and HR professionals, get to know the people behind Chazin. Today, we are getting to know…
Nonprofit accounting is essential to your organization’s financial management and stability. Learn everything you need to know about it in this guide….
The “Necessary Evil” Myth Nonprofits Need to Retire Let’s be honest, when you race to meet a grant deadline, prepare for a board meeting, or keep your programs running with minimal staff, financial management often feels like the hurdle standing between you and the work that matters. It’s not that you don’t understand its importance;…
GivingTuesday 2024 saw record-breaking numbers with a whopping $3.6 billion donated by a historic 36.1 million participants, just in the U.S. These numbers reflect a 16% increase in total dollars donated and a 7% increase in the number of contributors, reflecting a growing desire in donors to be generous and help make a difference. So,…