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Scaling a Nonprofit: Lessons from Southside Blooms’ Rapid Growth

The Charity CFO

Financial Management Moving from basic bookkeeping to GAAP-compliant accounting became necessary as the organization grew. Donors, often from business backgrounds, appreciated the sustainable business model and treated their contributions more like investments in a startup. We get nonprofits, because nonprofits are all that we do.

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The 3 Jobs Your Startup Should Outsource

Boston Startup CFO

If you’re running an early-stage startup, chances are there are some knowledge gaps in your core team. Are you prepared to manage the day-to-day of your startup, from recruiting new talent to bookkeeping to financial planning? Even if you’re not yet funded or earning significant revenue, you may still be in need of CFO services.

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How a CFO Can Help Secure Funding for Your Business

CFO Share

An Outsourced Chief Financial Officer (CFO) can be an invaluable ally in navigating this complex process. Here’s how small business advice from a CFO can help you secure funding for your business while ensuring your interests are protected. How does a CFO secure business funding?

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Breaking Down the FP&A Function of the CFO Suite

BlueLight

Traditionally, the chief financial officer (CFO) is responsible for tracking the company’s past and present financial situation and ensuring on-time and accurate financial reporting. Today, the CFO is expected to inform strategic decisions that drive the success of the company. The CFO takes on the responsibility of FP&A.

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Best Practices from the CFO Suite

BlueLight

Forward In the current economic crisis, business leaders from early-stage startups to large multinational corporations have had to make difficult decisions. The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Edited for readability. It evolves with stage.

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Controller vs. CFO: Which is Best for your Company?

The Finance Weekly

The job description for a financial controller and a CFO are eerily similar. A CFO is the top financial executive in a firm whose responsibilities encompass the controller and include the overall financial strategy and vision of the company. According to Payscale , the average salary for a CFO is 1.5 The case for a CFO.

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Which IRS Form 990 Should Your Nonprofit File?

The Charity CFO

It simplifies the filing process for very small and startup nonprofits. . If your organization falls into the $50,000-$200,000 range but must complete an annual audit for funding or GAAP purposes, it is wise to skip Form 990-EZ and head straight to the full form. . appeared first on The Charity CFO. Full Form 990.