Introduction to Nonprofit Finance

Beyond providing a primer on fiscal staffing/infrastructure needs, this guide from CompassPoint Nonprofit Services includes definitions of finance terms and content around financial statements. From a 2018 workshop facilitated by Shannon Ellis.

“Nonprofit organizations need solid financial management for both internal management and decision-making and external reporting and accountability to stakeholders.… For your organization’s financial management system to be fully effective, you must first ensure that you have accurate and reliable accounting data. Two factors that can influence this significantly are having effective finance staffing and a strong accounting system.”

Download the handout.

On October 8, 2025, Join Us for a National Town Hall on the Financial State of the Nonprofit Sector

Nonprofit GPS is a new, action-based community designed to help nonprofits navigate today’s disrupted revenue landscape. Built in consultation with organizations nationwide, it focuses on the real financial challenges nonprofits face — business model risks, capital management, budgeting, governance, and more. Together, we’ll share practical strategies and highlight bright spots of practice that strengthen missions, even in the most disruptive times.

At this event you will hear: an analysis of the current economic landscape for nonprofits and the implications for practice; what array of critical new resources will be offered by Nonprofit GPS over the next three months and beyond; and how to become involved as a practice leader in this community.

Join a space designed to foster support, inclusivity, and respect for every voice.

Ask questions, share experiences, and connect with peers and experts who value your insights. Your contribution is invaluable - forum members bring a wealth of knowledge and experience, crucial for mutual growth and learning. We cherish your expertise and would love to have you enrich our forum! Let's build together, learn together, and support one another.