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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

Without that, the SOA can misrepresent the financial health of the organization and lead to future funding issues. Often, this leads to large audit adjustments, budget vs actual reporting difficulties, and other funding challenges. Broadly grouped expenses or revenues can obscure the allocation of funds across different programs.

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Configuring QuickBooks for Use in a Nonprofit: Setting Up the Chart of Accounts

Tech Soup

Some of the main goals of the implementation meeting are to produce a consensus on the definition of: The chart of accounts. Funding sources (who funds your organization and what are their reporting requirements?). Building Your Chart of Accounts. So What Exactly Is a Chart of Accounts?

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The Overhead Solution: A New Nonprofit Pride Movement

Tech Soup

The CEOs of BBB Wise Giving Alliance, Charity Navigator, and GuideStar USA published a second open letter last year with the express goal to "crush" the overhead myth, the idea that overhead ratios should serve as the sole basis for evaluating nonprofit performance. Charity Raters Part 1: Charting the Bad and the Bad.

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Help Your Helpers! Top Tips for Managing Volunteers

Qgiv

You should never settle on simply filling in a name on your committee’s organizational chart, even if that means tasking yourself with some additional jobs until the right volunteer is found. Another thing to keep in mind during the recruitment and onboarding process is making sure that you help new volunteers feel welcomed into the fold.

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Report Back from the Do Good Data Conference 2015

NTEN

We had to use optical character recognition scans on five decades of Billboard Charts, get them into a database, and categorize all the entries. They created a data warehouse that tracked not only student progress in school, but progress from cradle to career. Everybody on staff is tracking and using metrics in their work.

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[VIDEO] Raising More Money By Asking (And Answering) Better Questions

Bloomerang

What do you think the ratio is of you talking versus the donor talking? It’s a good database so that we can keep track of all these relationships.” About if we’re raising money for endowment funding, how do we create a sense of urgency around that? . Steven: Let me pause you for a second, Harvey.

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