-
𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝗹 𝗖𝗼𝗻𝘁𝗿𝗼𝗹𝘀 𝗳𝗼𝗿 𝗡𝗼𝗻𝗽𝗿𝗼𝗳𝗶𝘁𝘀: 𝑰𝒎𝒑𝒍𝒆𝒎𝒆𝒏𝒕𝒊𝒏𝒈 𝑴𝒆𝒂𝒔𝒖𝒓𝒆𝒔 𝒕𝒐 𝑷𝒓𝒆𝒗𝒆𝒏𝒕 𝑭𝒓𝒂𝒖𝒅 𝒂𝒏𝒅 𝑬𝒏𝒔𝒖𝒓𝒆 𝑭𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝑨𝒄𝒄𝒖𝒓𝒂𝒄𝒚
Introduction In the nonprofit sector, maintaining financial integrity is crucial for building trust with donors, stakeholders, and the community. Implementing robust internal controls is…
-
𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗮 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗥𝗲𝘀𝗲𝗿𝘃𝗲: 𝗧𝗵𝗲 𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝗰𝗲 𝗮𝗻𝗱 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 𝗳𝗼𝗿 𝗡𝗼𝗻𝗽𝗿𝗼𝗳𝗶𝘁𝘀
Introduction In the nonprofit sector, financial stability is crucial for achieving long-term goals and maintaining the trust of donors and stakeholders. One key component…
-
𝗕𝗖𝗦 𝗣𝗿𝗼 𝗧𝗶𝗽: 𝟭𝟬𝟵𝟵𝘀 𝗳𝗼𝗿 𝗡𝗼𝗻𝗽𝗿𝗼𝗳𝗶𝘁𝘀
Introduction Navigating 1099s can be a tricky process for nonprofits, especially with unique reporting requirements and varying contractor relationships. In this blog, we’ll break…
-
What Every Nonprofit Leader Must Know About Finance
By Yara N. Ortiz, Owner & CEO of BCS: Exclusively Serving Nonprofit Organizations Introduction Finance is the backbone of any successful nonprofit, yet many…
-
Understanding Restricted vs. Unrestricted Funds: The Importance of Differentiating & Managing These Funds Properly
Introduction For nonprofit organizations, managing finances effectively is crucial to achieving their mission and maintaining donor trust. A key aspect of nonprofit financial management…
-
The Importance of Financial Transparency in Nonprofits
Introduction In the nonprofit world, trust is the foundation upon which relationships with stakeholders and the community are built. As nonprofits strive to make…