The Importance of Forecasting for Nonprofits
Nonprofit organizations are unique in that they exist to serve a mission or cause, rather than to generate profits. However, they still require funds to[...]
10 Things to Look for in an Outsourced CFO
Outsourcing a CFO can be a great way for nonprofits to get the financial expertise they need without having to hire a full-time employee. However,[...]
How High Interest Rates Impact Nonprofits
Interest rates are at levels not seen since the 1980s. Following the pandemic, we saw historically low interest rates and a strong economic rebound which[...]
How Do Nonprofits Make Money?
Nonprofit organizations play a crucial role in addressing a wide range of societal issues to make a positive impact on the communities they serve. However,[...]
Direct vs. Indirect Costs
When it comes to managing your organization’s financial reporting, grants, and programs, understanding direct and indirect costs is essential. Direct costs are those that can[...]
The Importance of Nonprofit Grant Tracking
One of the most exciting things that can happen when you're a Director or Officer of a nonprofit is the news that your organization has[...]