What is a nonprofit fiscal year, and how is it different from a calendar year? And why does it matter? The I.R.S. gives the following definitions: Calendar Year – A…
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Church ManagementNonprofit AccountingNonprofit Management
Year-End Checklist For Nonprofits And Churches
by Tim Goetzby Tim GoetzIf your organization’s fiscal year is from January to December, this time of year may leave you feeling a wide range of emotions. You likely find yourself grateful for the…
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Church ManagementNonprofit Management
Attracting Volunteers For Your Organization
by Tim Goetzby Tim GoetzIf I were to survey all the great organizations, including churches and nonprofits, and ask them what the key to their success has been, there is no doubt in my…
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Are you starting a nonprofit and wondering what the compensation for the executive director (which may be you) should be? The following article includes guidelines to help you determine what…
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Nonprofit Accounting
What Benefit Does Being A 501(c)(3) Offer My Nonprofit And Its Contributors?
by Tim Goetzby Tim GoetzOne of the primary benefits of being tax-exempt under IRC Section 501(c)(3) is the ability to accept *contributions and donations that are tax-deductible to the donor. Additional benefits include, but…
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The management of your organizations money is a critical part of what you do. What do you need to look for in a bank account for your nonprofit organization? Once…
Founders play a special role when it comes to the birth and success of a nonprofit. They bring passion, energy, and vision to the mission, which can spread like wildfire…
Having a plan for donor acquisition, retention, and upgrade is essential for fundraising campaigns and any nonprofit organization. The donor lifecycle is a multiphase process that helps nonprofits identify and…
