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Keep your nonprofit’s books accurate and up to date with some daily accounting tasks. Similar to businesses, nonprofits receive and spend money, purchase inventory, pay bills, and transfer money between…

What Is A Chart Of Accounts? Learn how to accurately track your nonprofit’s financials. In this lesson we will discuss how to set up your chart of accounts for accurate…

New to nonprofit accounting? No problem! Start tracking your nonprofit’s financials while keeping them as actionable and succinct as possible. Sign up here and we will send you the entire…

How you communicate when thanking your donors sets the tone for the relationship. We have a set of guidelines we like to follow to help cultivate a stronger level of…

Let’s say you’ve been marketing for a while and you’re looking for a new strategy to reach or engage your nonprofit audience on social media. Or maybe you’ve seen a…

When you’re in an elevator, you should be prepared at any moment to quickly tell people all about your organization and what you do. But elevator pitches aren’t easy. There…

A capitalization policy will help determine whether an item your organization buys is a regular expense or a fixed asset. Organizations use a capitalization policy to set a threshold for…

In a previous video, we looked at how a  capitalization policy works in an organization. That document states that any item purchased over a certain value is considered a fixed asset.…

Sometimes fundraising can seem like such a daunting task, so how do nonprofits raise money? When you look at your network of people, you may have wondered why they aren’t…

What Are In-Kind Donations? An in-kind donation or gift is when someone makes a contribution to your nonprofit or church that’s not cash or stock. For example, in-kind donations could…