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Top Challenges Nonprofits Face with Financial Management (and How to Overcome Them)

8 min read February 6th, 2024 Nonprofit financial management is notoriously difficult. Key Takeaways Budgeting and Forecasting: Forecasting revenue is challenging because known fund sources are not always ...

How Nonprofits Can Align Financial Practices with Their Mission

8 min read January 21st, 2024 Every nonprofit leader has a duty to be a responsible, honest, and trustworthy steward of their financial resources. Key ...

Year-End Donor Follow-Up: How to Engage Your Supporters at the Start of the New Year

8 min read December 31st, 2024 Every nonprofit leader knows that year-end giving is often the biggest fundraising event of the year. Throughout the ...

Top 5 Mistakes Nonprofits Make During Year-End Financial Reporting

7 min read December 18th, 2024 The process of closing out financial records is complex, and there are lots of places where nonprofit financial mistakes ...

Understanding Fund Accounting: The Backbone of Nonprofit Finances

9 min read November 6th, 2024 Looking at nonprofit financial management from a for-profit perspective makes the unique needs of a nonprofit's back office ...

Navigating the Challenges of Multi-Year Funding

9 min read November 6th, 2024 Nonprofit organizations face many funding challenges. First and foremost, simply obtaining enough funding to operate and ...

Grant Management Best Practices for Nonprofits in 2024

8 min read July 26th, 2024 Nonprofit organizations have multiple funding channels to manage. In addition to tracking donations and events, nonprofits must ...