If you lead a not-for-profit organization, you already know that financial accountability is not optional. But knowing which accounting rules apply to your organization, and why they exist, is something many leaders are still figuring out. The terminology alone can be confusing. GAAP, FASB, ASC 958, functional expenses, net asset classes. Where do you even […]

Running a nonprofit comes with a lot of financial responsibility, and most of it traces back to one foundational question: are you following the right accounting standards? Nonprofit accounting standards exist to make sure your financial records are accurate, transparent, and trustworthy. Donors want to see how their money is being used. Grant-makers need to […]

The deadline isn’t your biggest problem. Your year-round habits are. Every spring, nonprofit leaders go through the same painful ritual. Emails fly. Staff dig through old records. Someone is tracking down a receipt from eight months ago. And the question nobody wants to ask out loud starts floating around the office: Are we sure this […]

Payroll cost allocation is where reporting issues often begin. Payroll goes out on time. Taxes get filed. Your team gets paid. From the outside, everything looks fine. So why do your financial reports still feel a little… off? This is one of the most common frustrations we hear from nonprofit leaders. And the answer usually […]

Walk into almost any nonprofit and ask how their fund accounting is working. You will get one of two answers. Either a confident response from someone who may not fully understand what fund accounting requires, or a long pause followed by a complicated explanation of a spreadsheet system that technically works but requires three people […]

Most nonprofit leaders think about accounts payable the way most people think about plumbing. You do not notice it when it works. You absolutely notice it when it does not. A bill gets paid to the wrong vendor. An invoice sits in someone’s email inbox for three weeks. A grant expense gets categorized under the […]