Accounting & Finance Blog for Nonprofits

Navigating the Money Maze: Unraveling the Top 10 Finance Challenges for Membership Organizations (And How to Solve Them)

Posted on August 16, 2023 by Haley Neitzel

Associations and membership organizations play a crucial role in uniting people with common interests and goals. However, behind the scenes, these organizations grapple with numerous accounting and finance challenges. From maintaining financial stability to navigating compliance complexities, their financial management requires meticulous attention. In this blog, we delve into the top ten accounting and finance…

Employee Spotlight: Cecelia Allen

Posted on August 10, 2023 by Haley Neitzel

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…

Key Audit Strategies for Nonprofits: Ensuring a Smooth and Uneventful Audit

Posted on August 3, 2023 by Haley Neitzel

For nonprofit organizations, audits are an essential part of maintaining transparency, accountability, and public trust. However, the audit process can be daunting and time-consuming, often leaving nonprofit leaders feeling overwhelmed. To ensure a smooth and uneventful audit, it is crucial to implement effective preparation strategies that streamline the process and mitigate potential issues. Let’s explore…

Mastering the Board-CEO Relationship: Keys to Nonprofit Success

Posted on July 20, 2023 by Haley Neitzel

Managing a board of directors can be the most difficult and time-consuming challenge for a nonprofit CEO. There are relationships to nurture, information to share, and politics to navigate. Coordinating the activities of a board with the operations of a nonprofit is like choreographing a complex dance routine. How can you make this challenge less…

Can ChatGPT Answer Your Nonprofit Accounting Questions?

Posted on July 13, 2023 by Haley Neitzel

In the world of nonprofit organizations, accounting plays a crucial role in ensuring transparency, accountability, and financial stability. However, navigating the complexities of nonprofit accounting can be a daunting task, especially for individuals who lack the proper experience or expertise. In recent years, advancements in artificial intelligence (AI) have given rise to powerful language models…

Employee Spotlight: Cristine Schmanke

Posted on July 6, 2023 by Haley Neitzel

How Effective Cash Flow Management Boosts Your Nonprofit

Posted on June 22, 2023 by Haley Neitzel

Cash flow management in any organization is nothing more than the mix and timing of cash receipts and cash payments. In its most simplistic form, it is cash in and cash out and, ultimately, it is where budgets, projections and forecasts meet reality. It is critical to ensuring that funds are available to pay the…

Employee Spotlight: Melissa Selby

Posted on June 15, 2023 by Haley Neitzel

Mastering Financial Transparency: How to Report Fundraising Expenses Correctly

Posted on June 1, 2023 by Haley Neitzel

Updated: March, 13, 2025 It goes without saying that, for many nonprofits, fundraising is a crucial element towards achieving its goals. Not only does fundraising generate revenue to support mission-critical programs, it can also provide a valuable opportunity to raise awareness for your cause. Guaranteeing your organization’s success beyond the next quarter requires careful planning…

3 Reasons to Consider Outsourced Accounting for Your Nonprofit

Posted on May 22, 2023 by Haley Neitzel

As the pace of change continues to accelerate, nonprofits are finding new and creative ways to keep up. Today’s leading nonprofits are perfecting the art of virtual fundraising and volunteering. They’re implementing fresh social media strategies. They’re creating innovative donor retention programs. And they’re driving their missions forward despite myriad ongoing global challenges. It’s a…