The Charity CFO

JULY 10, 2022

Are your nonprofit board committees contributing to the effectiveness of your work or simply checking off the boxes someone gave you when your organization was set up years ago? Nonprofit board committees can have an outsized and positive impact on your organization’s overall mission. Traditional Nonprofit Board Committees.

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The Charity CFO

JUNE 1, 2022

How intentional is your nonprofit with your communication plans? Houda Elyazgi joins A Modern Nonprofit to talk about building integrated and strategic communication campaigns to help build momentum and get public support for your most important initiatives. And how to know if YOUR communication strategy is working.

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The Charity CFO

MAY 18, 2022

Financial oversight is one of the primary roles of your nonprofit board of directors. . Every nonprofit is required to have a board of directors. And they create a lot of confusion for people new to the nonprofit sector. Nonprofits are fundamentally different from other businesses. What is Financial Oversight?

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The Charity CFO

JULY 27, 2022

If the terms cloud software or data quality make you want to run for cover, you’re not alone in the nonprofit world where hand-keyed spreadsheets are still commonplace. How companies like Facebook, Amazon, and Apple make it mandatory that you step up your game when it comes to effective communication. Get the free guide!

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The Charity CFO

SEPTEMBER 28, 2022

If you manage a nonprofit, you know very well that every day there are a million and one things to be done. But it’s often seen as “busywork,” it rarely makes the priority list, and under-staffed nonprofit teams often fall behind. But nonprofit bookkeeping doesn’t have to be so stressful.

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The Charity CFO

APRIL 20, 2023

How can nonprofit accounting software help your organization with efficiency? However, nonprofit organizations face unique accounting challenges and not all commercial accounting software may be equipped to handle. Where to start with nonprofit accounting software Nonprofits have to comply with strict financial accounting standards.

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The Charity CFO

MARCH 31, 2023

The IRS does not require nonprofit audits in most cases, however, they may periodically request an audit (examination) or a compliance check. Should My Nonprofit Obtain an Independent Audit? Do your research and select Firms that specialize in nonprofits. With appropriate planning, they can go smoothly.

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The Charity CFO

JANUARY 17, 2022

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. So you can understand what’s happening in your business and communicate effectively with your board members, donors, and financial team. with this overview of nonprofit accounting basics. .

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The Charity CFO

AUGUST 21, 2023

Nonprofit communications can be complicated, and sometimes awkward. The secret comes down to how well nonprofit leaders understand what donors are thinking and feeling and how charities communicate with them. Think about an operating reserve as a sort of savings account and safety net for the nonprofit.

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The Charity CFO

APRIL 19, 2022

As a CPA working exclusively with nonprofits and a former nonprofit auditor, I’ve looked at thousands of nonprofit financial statements over the past 10 years. Over the years, I’ve identified a set of 5 nonprofit financial red flags that are fairly common and almost always lead to trouble sooner or later.

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The Charity CFO

FEBRUARY 12, 2025

On this episode of A Modern Nonprofit Podcast, host Tosha Anderson welcomed Sheri Chaney Jones , CEO and Founder of SureImpact , to discuss how nonprofits can leverage data to better engage donors and stakeholders. The Shift Towards Impact Investing Sheri highlighted a significant shift in the nonprofit world over the past two decades.

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Centage

MAY 8, 2023

Lowe, CPA, CGMA As a nonprofit finance leader, you are accountable to many stakeholders – especially your Board of Directors. You communicate with your CEO and know his or her thoughts and strategies. Hopefully your committee has nonprofit financial expertise to help you think through your goals and objectives of the meeting.

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The Charity CFO

AUGUST 21, 2024

The relationship between fundraisers and accountants in a nonprofit organization can be challenging. Fundraising and accounting departments provide vital services to the organization, but when they fail to communicate, it can lead to financial errors. For a nonprofit to thrive, these two departments have to work together.

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VCFO

JUNE 29, 2023

Restoring and Ensuring Effective Nonprofit Finance Practices Decades ago, healthcare trailblazer Sister Irene Kraus moved her mantra of “No Margin. And when shortcomings and lapses in those crucial cornerstones persist in a nonprofit, so too do risks to the organization and those they serve. No Mission.” into the limelight.

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Capital CFO LLC

JULY 24, 2024

Learning how to effectively communicate to your funders is vital for nonprofits. By building and nurturing relationships with those who support the mission, nonprofits can create a foundation of trust, commitment, and mutual respect. It’s not just about the money.

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The Charity CFO

SEPTEMBER 23, 2024

Your nonprofit organization relies on the knowledge and guidance of its leadership team to advance its mission. However, nonprofit leaders face unique challenges that their for-profit counterparts don’t, such as limited resources or reliance on volunteers.

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The Charity CFO

APRIL 26, 2024

That’s why it’s so important to know what to look for in a nonprofit accountant. The next step is to ask your potential nonprofit accountant a few questions to see if they’d be a good fit for your organization. Here are seven questions to ask a nonprofit accountant before working with them.

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The Charity CFO

JUNE 27, 2024

Leading a nonprofit organization isn’t just about passion–it’s about effective leadership. Nonprofit executive directors play an irreplaceable role in steering their organizations toward success. This guide will explore key strategies and insights to help you excel as a nonprofit executive director.

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The Charity CFO

APRIL 2, 2024

Managing a nonprofit can be complex, especially when it comes to nonprofit accounting. Nonprofits face unique financial challenges and responsibilities that require specialized expertise and support. Finding the right accounting partner for your nonprofit is essential to the financial success of your nonprofit organization.

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CFO News Room

JANUARY 27, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that CFP Board announced this week that it is splitting into two separate organizations with the same leadership but different nonprofit statuses.

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The Charity CFO

JULY 1, 2024

Choosing the right accounting services is crucial for the financial health of your nonprofit. The right nonprofit accountant helps your organization properly manage its finances, which improves trust and transparency with stakeholders and donors. This can be especially important when it comes to reporting and filing requirements.

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CFO Selections

DECEMBER 14, 2022

Current data from CFO Dive indicates that the hiring woes companies and nonprofit organizations are experiencing will continue well into 2023 (or even beyond). The question for nonprofit organizations is how do you overcome today’s challenges?

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The Charity CFO

APRIL 22, 2024

In many nonprofits, burnout is the emotional, physical, and mental exhaustion of employees due to prolonged stress. Understanding Burnout in Nonprofit Organizations Burnout at work can happen to anyone. Consider these four strategies to improve your workplace culture and reduce burnout in your nonprofit employees.

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The Charity CFO

JULY 2, 2024

Nonprofits are facing increasing pressure to modernize their operations to stay effective and efficient. They are quickly learning that outdated processes hinder an organization’s ability to reach its goals, connect with the community, and engage with donors.

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The Charity CFO

MARCH 22, 2024

How does your nonprofit make strategic decisions? Additionally, leaders can use data to tell the story of their organizations, giving you a better overall picture of the state of your nonprofit. Learn more about using data for decision-making in your nonprofit in this complete guide. What Does Nonprofit Data Look Like?

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The Charity CFO

MAY 11, 2023

Bookkeeping is a critical component of running a successful nonprofit organization. However, managing bookkeeping in-house can be time-consuming and expensive, which is why many nonprofits are turning to outsourced bookkeeping services. As a leader, you’ll have to determine what is right for your nonprofit.

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The Charity CFO

APRIL 18, 2024

It’s no secret that running a nonprofit isn’t always easy, especially if you don’t know what challenges await you in the coming months. Luckily, we’ve put together a list of the five most common challenges for nonprofits in 2024. Let’s look closer at the challenges nonprofits will face in 2024–and how to solve them!

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The Charity CFO

OCTOBER 16, 2023

It may not seem like a significant aspect of your organization’s financial situation, but picking the right nonprofit banking partner is one of the most vital decisions leaders can make. Use your network throughout the nonprofit community to get some firsthand thoughts on various banks.

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The Charity CFO

NOVEMBER 10, 2022

What should you look for when evaluating nonprofit accounting services? Nonprofit organizations exist to further a mission or goal. The truth is, many nonprofits tend to fumble when it comes to their books. . Benefits of Nonprofit Accounting Services. Nonprofit Accounting Services: More than a Bookkeeper.

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The Charity CFO

MAY 22, 2024

Key Performance Indicators, or KPIs, are an essential part of any successful nonprofit. Choosing KPIs for your nonprofit doesn’t have to be complicated. Keep reading to learn more about some of the most common KPIs for nonprofit organizations and why you might want to use them.

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The Charity CFO

APRIL 13, 2023

Nonprofit financial management is one of the primary concerns for organizations. Nonprofits are special types of organizations, in both their structure and their purpose. This meaning is the driving force behind what nonprofit organizations do day in and day out. They live in the hearts of many as symbols of good in the world.

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The Charity CFO

MARCH 21, 2024

As Tosha mentions, a survey produced by BDO stated that 45% of nonprofits are going to combat inflation through fundraising efficiencies. The entire idea is essentially saying, how does the nonprofit get more out of doing less? So how can this be communicated and does it even work? But what does that really mean?

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The Charity CFO

MAY 20, 2022

When it comes to marketing, many nonprofits shift right to thinking about development. A robust marketing strategy that’s founded in clear and powerful branding, can help you raise money while also increasing your visibility in the community and around the world. Don't hire the wrong accountant for your nonprofit!

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CFO Selections

NOVEMBER 16, 2022

At any nonprofit organization reporting tells the story of what is happening and why. All nonprofits do some combination of financial reporting, management reporting, and board reporting. Externally these reports communicate with key stakeholders and rally supporters.

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The Charity CFO

FEBRUARY 16, 2023

Nonprofit budgeting best practices are often the difference between success and failure for the organization. Budgeting for nonprofits is very different from for profits, and a well-developed budgeting process can provide meaningful insight into the strength of your organization and your progress toward your mission. With over 1.5

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The Charity CFO

JUNE 12, 2024

Today we welcome Josi Garfield on the Modern Nonprofit Podcast for a topic that is particularly modern – artificial intelligence (AI). As the founder of Branch Out Social , a platform dedicated to empowering nonprofits through social media and marketing strategies, Josi has her finger on the pulse of digital marketing trends.

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The Charity CFO

MAY 8, 2023

What nonprofit fundraising strategies are you using to keep your organization healthy? As nonprofit organizations rely heavily on donations to support their operations, programs and missions, fundraising is an essential component to their continued success. Individual Giving This is the most common form of giving to nonprofits.

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