In this episode of The Charity Charge Show, Joe Scarano of Araize discusses nonprofit financial software, fund accounting challenges…
Learn what GAAP is, why it matters, and how it affects financial reporting for businesses and nonprofits. Discover the 10 key principles of GAAP an…
An IRS Determination Letter is the official written recognition from the Internal Revenue Service that your organization qualifies as tax-exempt unde…
A comprehensive guide to understanding the Financial Accounting Standards Board – FASB standards and rules and their impact on nonprofit…
Learn what donor-restricted contributions are, how they differ from unrestricted gifts, and best practices for nonprofit financial management…
Tax deductible donations are contributions that you can subtract from your taxable income when filing your federal income taxes…
A Chart of Accounts (COA) acts as the blueprint for your accounting system, categorizing each transaction so you always know where your money…
Fund accounting isn’t just a financial system—it’s a critical tool for building trust, maintaining compliance, and guiding smart decision-making…
Prepare your nonprofit for a successful financial audit with expert steps, best practices, and compliance tips tailored for executive leaders…
Learn how charitable tax deductions can reduce your taxable income, what qualifies, and how to claim them correctly for maximum savings…
Discover how Xero for Nonprofits simplifies accounting, payroll, reporting, and compliance. Your ultimate guide to efficient nonprofit finance…
Credit cards allow you to borrow funds from a bank or issuer to make purchases, unlike a debit card that uses money directly from your bank…
Annual Percentage Rate (APR) represents the annual cost of borrowing money, expressed as a percentage. Unlike the interest rate, which only…
A fiscal sponsorship is a unique arrangement where a nonprofit organization (the fiscal sponsor) offers its legal and tax-exempt status to a project…
Financial reporting requirements for nonprofits not only fulfills regulatory requirements but also helps build trust among donors, stakeholders, and…
Can nonprofits invest in stocks? Discover how nonprofit organizations can legally invest in the stock market and the benefits of doing so.
Discover whether nonprofits pay taxes and learn about the specific tax obligations they might face, including Unrelated Business Income Tax…
In this blog post, we will break down the various phases of the grant lifecycle, from pre-application planning to post-award reporting and audits.
Here are some essential tips and techniques to craft effective grant proposals that stand out.
This article highlights such Albuquerque nonprofits that have made a profound impact on the region, tackling issues ranging from environmental conservation to economic empowerment and beyond.
In this overview, we spotlight 12 outstanding Madison nonprofits that have significantly influenced various sectors within Wisconsin’s capital.
Los Angeles is a city known for its dynamic spirit and diverse culture, and at the heart of its community are the Los Angeles nonprofits dedicated to driving positive change…
In this blog post, we will review the top nonprofit accounting software solutions to help you make an informed decision about which one is right for…
These small business nonprofits are pivotal in nurturing the growth and sustainability of small enterprises. Here’s a look at small business nonprofits that are significantly impacting the business landscape…
This article is dedicated to highlighting 10 financial literacy nonprofits that are tirelessly working to make a profound impact by educating communities on financial matters…
Here are ten essential things to know about cryptocurrency for nonprofits…
Understanding the nuances of nonprofit taxes is essential for ensuring that your organization operates within the legal framework…
Looking to create a well-crafted budget for your nonprofit organization? Look no further than nonprofit budget templates, which is designed to help…
Financial statements are vital tools for nonprofits, providing stakeholders with insights into the organization’s fiscal responsibility and operational efficiency. Here’s a comprehensive 10-step guide to preparing accurate and transparent nonprofit financial statements…
In this post, we’ll guide you through the essential steps to crafting a robust nonprofit budget, ensuring your financial strategy aligns with your organization’s goals. It delivers impact where it’s needed most…
In this article we lay out the most important factors to take into consideration when it comes to nonprofit credit card processing…
Selecting the most appropriate credit card for teachers is critical to their schools’ effective and optimal functioning. You probably spend a…
Choosing a business credit card for your nonprofit is a critical decision. We list out 6 considerations you should account for when deciding which credit card is the right fit for you and your organization…
We all live busy and active lives, and it’s impossible to keep everything organized all the time. Avoid these three money mistakes when…
The warmer temps are finally here to stay, which means it’s time to start planning your summer vacation! Whether you’re headed to the beach, the mountains…
Let’s get started on paying down your debt. Consumer debt is a widespread issue here in the U.S. Last year, Americans owed over $2 trillion in student loans…
Innovative technology is perfect for updating your organization’s fundraising strategy! Here are 5 best practices for implementing new digital tools into…
The premise to manage your money is a daunting one. But in this digital age, technology platforms are making it increasingly easier to track, save and…
Many of us have an old credit card collecting dust in our wallets. And we’ve certainly been tempted to cancel them. After all, doesn’t it make sense to…
Photo by Alejandro Escamilla Build a budget. Doesn’t usually rise to the top of our to-do lists. But no one can deny the importance of regulating our spending and being intentional with our saving. The thing is, building a budget doesn’t have to be a menial task that is destined for failure. The right kind […]
Saving for retirement can be a daunting and faraway concept for a young professional. We’re all navigating through busy lives and have more immediate obligations to tend to. Still, it’s important to save early so we can take advantage of compound interest. A 401(k) can help you tuck some away cash so it can […]
These three tips will help you boost your credit score to get there. A high credit score is a sign that you are a reliable borrower and know how to…
Photo by Markus Spiske on Unsplash If you couldn’t tell already, our team is extremely passionate about social good and the spirit of giving. As the holidays peak around the corner, and malls become jammed with last minute shoppers, we wanted to share with you all a list of some of our favorite social purpose gifts. […]
One important component that is getting overlooked by the high schools and colleges is financing models to afford a post-secondary education…
There’s no doubt that working out is a healthy habit, but it can also be an expensive one. Especially if you overpay for a gym…
Millennials are rapidly taking over the workforce. With this newfound independence come new, unfamiliar responsibilities that need proper attention. Among the most valuable investments that millennials should be looking into are credit cards. It all boils down to credit. A bad credit score can affect and limit multiple aspects of your day-to-day life, including your […]