Nonprofit Accounting Basics

Recent Articles

A Picture is Worth a Thousand Numbers

Not surprisingly, many nonprofit board members do not fully understand financial statements—despite the fact that understanding those statements is key to good governance.

Outsourced Accounting Services

Outsourcing is a contract with a third party to perform services which are normally done in-house. These services typically are provided by companies who specialize in the field.

Get Smart About Art Donations

Non-cash Contributions

Your Website: Asset or Expense?

Websites are fast becoming the major means of communication between nonprofit organizations and their members, beneficiaries, contributors, and other stakeholders.

Raffles -- The Right Way

Raffles are gaining popularity for nonprofit fundraising. Often combined with a gala or other big event, raffles are accessible and fun.

Charities and Political Activity— The Unwelcome Spotlight

Political candidates can be good for your nonprofit.  They raise the profile of your events, increase public interest in your activities, and prove to be good friends once in office.  Why

Choosing the Right Commercial Checking Account for your Nonprofit

Throughout the year, nonprofit organizations review their processes for improvement, cost savings, and areas where they can create greater operational efficiencies.

Looking at the Nonprofit Financing Puzzle!

If you’re like most nonprofit leaders, you may have considered or even taken steps towards evaluating financing alternatives for your nonprofit organization.

Preventing Nonprofit Banking Fraud!

Technology has dramatically changed how we all work, play, and use our mobile phones, computers, and i-Pads.  So, it should come as no surprise that fraudsters are using this same technology t

The Importance of Operating Reserves for Nonprofits

What is an operating reserve, and why does every nonprofit need to address this issue?