Blog
Would you drive to a destination you’ve never been to before without directions? Probably not. Would you spend your organization's money without knowing where it was coming from or going to? Definitely not. A budget is a vital tool that...
Continue reading
Your tax-exempt status is a huge part of what sets your nonprofit apart from its for-profit counterparts. But there are certain activities that can threaten that status — and engaging in these no-no’s can be a costly mistake. Be aware...
Continue reading
Have you ever looked through an old family photo album? You definitely know some people, but others you only vaguely recognize. Nonprofit financial statements can feel like looking at a somewhat familiar for-profit relative. They definitely share the same gene...
Continue reading
New Year’s resolutions can feel like a bust — and statistically, they often are. If only you had a dollar for every abandoned gym membership...you’d never have cash flow problems again! But setting firm, trackable, achievable goals — financial goals...
Continue reading
Not every business venture is out to make somebody rich (though it never hurts). In fact, a good number of altruistic entrepreneurs start businesses that aim to benefit society at large. If this sounds like you, it’s good to know...
Continue reading