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In the realm of nonprofit organizations, the annual “tax” return requirement might raise questions, especially when tax-exempt status is in place. This piece of our series, “Stepping Stones: Paving the…
For small and burgeoning nonprofit organizations, establishing a rigorous system for tracking financial transactions is a critical step in fostering fiscal responsibility. By consistently monitoring financial activities and implementing effective…
Selecting the right audit firm is an important decision for your nonprofit. Many organizations may be required to undergo annual audits by their state’s Charitable Solicitation License requirements, their loan agreements,…
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…
https://www.youtube.com/watch?v=VJD2BHritBg For this year’s retreat, we put our spreadsheets away and headed to the state where everything’s bigger: TEXAS! After countless online meetings, gathering face-to-face was a breath of fresh…
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…
A dashboard allows a nonprofit to monitor both the effectiveness of this enterprise or business model, as evidenced by the organization’s financial health, and the impact of the programs and services being provided.
Mapping stakeholders and systems can be powerful tools to increase equity and improve organizational decision making. But remember that the key to equity is inclusivity. As the author writes, “We must make space for everyone beyond the boundaries of our maps and Venn diagrams. This leaves room for future generations and for all the possibilities we cannot yet imagine.”
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“Counting on Chazin” is our series dedicated to strengthening nonprofits by addressing key financial topics often overlooked until problems arise. Drawing on our deep expertise in nonprofit accounting, each episode helps enhance your understanding of crucial issues such as risk reduction, budgeting, IRS forms, presenting financials to boards, and fiduciary responsibilities. We also share valuable best practice tips to support your organization’s success.
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