Found 830 Results
Implementing the new lease accounting standard – your experience
Good Morning Everyone! Yesterday, Gina McDonald led a very informative webinar surrounding the new FASB standard for lease accounting. The recording and slides will soon…
Reply To: Net Assets & Restrictions
Hi Caroline….thanks for coming to the Forum! In a Statement of Activities presented in accordance with GAAP, the release of restricted revenues is a reclass…
Net Assets & Restrictions
What are the effects of releasing restricted net assets on the Profit and Loss statement and Balance sheet? Is releasing restricted assets classified as income?
Reply To: How do economic realities impact revenues?
Holly: I don’t think you’ll find this. It’d take some lifting by researchers, and I don’t think there are either thorough or quick/dirty takes on…
Reply To: How do economic realities impact revenues?
Does anyone know of a resource that tracks nonprofit use of each business model? I’m curious about what proportion of nonprofits rely on a membership…
Reply To: Best Budget ing software for Nonprofit Organizations and why?
We have used Excel/Google Sheets for many years for budgeting (Quickbooks for accounting). We create an operating budget (very detailed) and a capital expenditures budget…
Reply To: Best Budget ing software for Nonprofit Organizations and why?
We’re using Budgyt.com and it’s ok. Setting it up was a mess, but now that it’s running its pretty seamless. A good price point for…
How are you handling the trickle-down effects of government dysfunction?
Hello NFC Peers! A couple of weeks ago, we very narrowly avoided a US government shutdown, though it’s possible one still might be coming, particularly…
Reply To: Annual Budget
+1 on Wade’s response. This is a colloquial use of “budget” that I avoid precisely because of this confusion. Budget means allocation of resources to…
Reply To: Annual Budget
Hi Susie…that is a question I so frequently receive! My interpretation is that it is the total expense of an organization. So, depending on the…