-
There’s no such thing as Good Debt & Bad Debt
Youโve probably heard it beforeโ”good debt builds wealth, bad debt ruins lives.” But letโs be realโdebt is debt. The idea that some debt is…
-
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…
-
๐๐ป๐๐ฒ๐ฟ๐ป๐ฎ๐น ๐๐ผ๐ป๐๐ฟ๐ผ๐น๐ ๐ณ๐ผ๐ฟ ๐ก๐ผ๐ป๐ฝ๐ฟ๐ผ๐ณ๐ถ๐๐: ๐ฐ๐๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐๐๐ ๐๐ ๐ท๐๐๐๐๐๐ ๐ญ๐๐๐๐ ๐๐๐ ๐ฌ๐๐๐๐๐ ๐ญ๐๐๐๐๐๐๐๐ ๐จ๐๐๐๐๐๐๐
Introduction In the nonprofit sector, maintaining financial integrity is crucial for building trust with donors, stakeholders, and the community. Implementing robust internal controls is…
-
๐๐๐ถ๐น๐ฑ๐ถ๐ป๐ด ๐ฎ ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฅ๐ฒ๐๐ฒ๐ฟ๐๐ฒ: ๐ง๐ต๐ฒ ๐๐บ๐ฝ๐ผ๐ฟ๐๐ฎ๐ป๐ฐ๐ฒ ๐ฎ๐ป๐ฑ ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฒ๐ ๐ณ๐ผ๐ฟ ๐ก๐ผ๐ป๐ฝ๐ฟ๐ผ๐ณ๐ถ๐๐
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…
-
๐๐๐ฆ ๐ฃ๐ฟ๐ผ ๐ง๐ถ๐ฝ: ๐ญ๐ฌ๐ต๐ต๐ ๐ณ๐ผ๐ฟ ๐ก๐ผ๐ป๐ฝ๐ฟ๐ผ๐ณ๐ถ๐๐
Introduction Navigating 1099s can be a tricky process for nonprofits, especially with unique reporting requirements and varying contractor relationships. In this blog, weโll 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…