Nonprofit organizations are more than just charitable institutions. They also often have unique needs and goals that require specific financial reporting methods to measure their success and efficiency. The fund…
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Back in 2016, the FASB (Financial Accounting Standards Board) approved several changes regarding nonprofit financial statements. One of the more significant rules, also known as ASU 2016-14, states that all…
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Quite often, the church or the pastor (or both) pay for expenses related to church business, which can quickly add up over time. What many members and church leaders fail…
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A treasurer is a key position in any organization. In the nonprofit sector, the treasurer usually helps the board navigate the finances for the organization and reports on them to…
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QuickBooks® is one of the most popular accounting software options on the market, but its “one size fits all” approach can cause quite a few challenges when it comes to…
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Your church database is more than just a place to store contact information. It’s a tool that can help you shepherd your people better. Here are five best practices for…
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Taking charge of the church’s financial health and managing your church’s financial resources can be a challenging and intimidating assignment. If you are reading this article, there is a good…
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What are in-kind expenses? These expenses refer to how an organization uses goods or services that are given to the nonprofit in place of cash. This article will discuss the…
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What do your donors typically like to see at the end of each year? It’s customary for churches to review past gifts for tax purposes, and letters are a way to…
Aplos is very excited to announce that Raisely, an innovative nonprofit fundraising platform, has announced that it is joining Aplos. Together, our two companies will execute our ambitious mission to…
Implementing a monthly donation program is an effective way for your nonprofit to create a predictable revenue stream so you can more accurately budget for the future of your organization.…