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How to Budget with Irregular Income
If your paycheck changes every month, you’re definitely not the only one. Tons of freelancers, gig workers, and commission-based folks are right there with…
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There’s no such thing as Good Debt & Bad Debt
You’ve probably heard it before—”good debt builds wealth, bad debt ruins lives.” But let’s be real—debt is debt. The idea that some debt is…
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Budgeting Strategies for Nonprofits: Make Every Dollar Count
NONPROFITS OPERATE ON TIGHT BUDGETS, making financial management critical to their success. Unlike for-profit organizations, nonprofits must balance their mission-driven work with the reality…
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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…
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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…
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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…