Found 1058 Results
Reply To: Financial Ratios Webinar – Let’s Keep the Discussion Going!
One thing I’d add is that ratios are most useful when you track them over time, rather than treating a single number as a verdict…
Reply To: Fundraising for a specific special event
I’d say yes, you can fundraise specifically for an event, but the wording of the appeal matters. If donors are told their gifts must fund…
Reply To: Multi year grant with a budget
If the grant agreement only restricts how the money is spent, I wouldn’t automatically treat that as a condition preventing recognition. I’d generally recognise the…
Reply To: Recommendations for nonprofit social enterprise accounting services
I’d focus less on finding a generic bookkeeping firm and more on someone who understands nonprofit fund accounting and QuickBooks Online. Your chart of accounts,…
Reply To: Recommendations for nonprofit social enterprise accounting services
While it’s not an accounting firm, GrantDeskHQ.com can definitely help you with post-award reporting and financial management – they’ve got an AI-powered solution that automates…
Reply To: Multi year grant with a budget
In my experience, if the grant specifies how funds can be allocated to particular staff or expenses, those restrictions would generally be treated as grant…
Reply To: Donation for the design, construction and outfitting of a new building
In my view, the release should generally follow the purpose of the donor restriction. Amounts can be released as eligible construction and outfitting costs are…
Reply To: Recommendations for nonprofit social enterprise accounting services
Congratulations on completing the REDF Accelerator! It’s a great way to strengthen your QuickBooks Online setup. Project tracking could make grant reporting and financial decision-making…
Reply To: What should donors look at when evaluating a charity’s financial health?
Donors should look beyond overhead and consider whether a charity has healthy reserves, credibility and stable revenue. This is a lot easier to assess now…
Reply To: 990 Tax form
For learning Form 990 preparation, I’d start with the IRS instructions and prior completed returns before buying expensive books. There are also several nonprofit accounting…