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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

This statement is crucial for demonstrating how effectively your nonprofit manages its resources. These resources can offer timely insights into changes in accounting standards and how they affect your organization. Financial statements must reflect the true nature of resources available.

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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. This blog will provide some suggestions on building your chart of accounts in a manner that is practical and that will satisfy as many users of the financial statements as possible.

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Seven Ways to Improve Engagement With Your Nonprofit Financial Reports

BoardAssist

The larger the organization, the more resources it can bring to bear on transaction entry and the faster it should be able to close. A dimensional chart of accounts structure creates a separate field in your database for each bit of expense information rather than cramming all the information into one account code field.

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Digital Marketing Plan For Nonprofits: The Definitive Guide (2017)

Nonprofits Source

Lack of resources, expertise, leadership buy-in, choosing the right software tools (or the right strategic partners) all while trying to stay current on the latest marketing trends is overwhelming. Creating a digital plan does that by aligning strategies to support your marketing goals. Step 1: Define your goals.

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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. G=Goal (What is the goal we’re trying to accomplish?) Perhaps you haven’t quite hit your sponsorship goal and time is running out.

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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. " Accounting Resources for Nonprofits.

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Guest Post by Steve Waddell: Systems Mapping for Non-Profits - Part 1

Beth's Blog: How Nonprofits Can Use Social Media

The production system maps aid an organization to understand how work actually gets done, in comparison to formal org charts. These are points that, when focused upon, have a large ratio of amount-of-effort to desired-change. The focus can involve application of resources, or actually reducing resources.

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