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Back to Basics: How to Set Up Your Nonprofit Chart of Accounts

Blue Fox

Introducing the Chart of Accounts (COA) Are you ready to nerd out on nonprofit accounting? Introducing the Chart of Accounts (COA) - the foundational accounting tool every nonprofit leader needs to get right for maximum financial insight and awareness. What is a Chart of Accounts? It’s just that important.

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Pop the champagne: This year Candid’s grants data set turns 21!

Candid

Candid’s grants data set currently includes comprehensive information about over 30 million grants and other philanthropic transactions, such as pledges, in-kind gifts, program-related investments, etc. This typically resulted in about 900-1,300 funders represented and 100-150k grants collected in a given year.

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Your Unrestricted Funds Need Stewardship, Too

sgEngage

Since she signed the Giving Pledge in 2019 and began her momentous campaign of organization-changing donations, MacKenzie Scott has given away more than $17.3 Restricted funds are donations or grants that can only be used for the purposes specified by the funder. Many grants, especially federal and state grants, are restricted.

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Here's 28 Reasons Why Your Nonprofit Should Switch to EveryAction

The Science Behind Engaging your Supporters

Thousands of nonprofits use EveryAction every day to raise money, manage offline fundraising through pledges and grants, send emails, run nonprofit digital advocacy campaigns, and so much more. It's powerful workflows are meant to help nonprofit fundraisers ditch spreadsheets once and for all, and track major gifts like never before.

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Mastering Next Year’s Budget With Revenue Projections and Donor Attrition Analysis

Neon CRM

First use this year’s revenue to establish a baseline for all your expected revenue, including but not limited to individual giving, major gifts, events income, expected pledges, and grants. Finance Director Government Grants INCREASE IMPACT Optimize grant management to ensure alignment with mission and efficient use of funds.

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Knowing When to Choose a Nonprofit-Specific Accounting Solution

Connection Cafe

Commercial accounting solutions may be an acceptable option for smaller organizations, but a larger organization will find it increasingly difficult to efficiently manage projects, grants, and restricted funds when accounting needs become more complex. Track Data Through a Flexible Chart of Accounts. Manage Multiple Grants.

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How to Create a Volunteer Handbook Your Volunteers Will Use

Get Fully Funded

Staff: Provide an organizational chart with photos and enough information about each person’s role so volunteers can find the person they are looking for. You need a process for tracking volunteer hours, as this information is useful to funders, and you might want to build in incentives for volunteers who volunteer a certain number of hours.

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