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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

The Statement of Activities—commonly referred to as an SOA—is one of four essential financial statements for nonprofit organizations. As a CPA working with nonprofits of all sizes, I’ve encountered numerous errors in Board of Directors’ financial reports and Statements of Activities documents. Let’s dive in!

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Celebrating 25 Years of Innovation and Impact: Reflecting on Our Journey

The MatrixFiles

I’m proud of the active and intentional culture that we’ve created at Matrix Group. So directors and managers actively reach out to staff via Slack and email, and we devote the start of every meeting to socializing and sharing. Full of Gratitude As I reflect on 25 years of being in business, I am filled with gratitude.

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Leading with Reflection: New Year’s Rituals for Nonprofit Professionals

Beth's Blog: How Nonprofits Can Use Social Media

Daily Walking Reflection I don’t make New Year’s Resolutions because they don’t offer an opportunity for reflection. For over thirty years, I have integrated “reflection rituals” in my professional work on a daily, weekly, quarterly, and annually basis. I call it my “To Do, To Done, Don’t Do, Reflection List.“

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Go Beyond Board Recruitment With the Theory of Change

NonProfit PRO

Throughout the nonprofit sector, there is significant activity around building a board that is inclusive and reflects the constituency of each nonprofit. The end result: more effective services. But recruitment is just the first step in achieving these outcomes. One tool that can help: The Theory of Change. .

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Move DEI Beyond Words

.orgSource

If your association is struggling to launch a strong diversity initiative, these activities will help you get closer to that goal. Articulate the Vision Writing the diversity statement can be a co-creative activity. Writing this document can be a co-creative activity for staff and leadership. Adopt a pay equity policy.

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Let’s All Pull Together: Reflections from Harambee 2023

Candid

Here are some of my reflections and top takeaways from the conference. There were many activities lined up that were centered around Black joy. The post Let’s All Pull Together: Reflections from Harambee 2023 appeared first on Candid Blog. We also indulged in self-care at Harambee by having so much fun.

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Raise the Board’s Financial IQ

.orgSource

To adequately fulfill the three duties of a nonprofit board member —Care, Loyalty, and Obedience—a solid understanding of the organization’s financial activities is needed. They should explain their activities and how they interface with staff and other finance professionals. Tie them to the hot buttons in the mission.

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