Monthly Archives: January 2021

Start your budgeting process well in advance of your fiscal year to allow for collaboration and review. Engage staff, board members, and volunteers who are familiar with program operations and funding sources. Their input is invaluable for creating a comprehensive … Continue reading →

This is important because nonprofits often have very specific rules around different funding sources. Every organization has different financial needs, so the exact activities that are considered “bookkeeping duties” will vary from nonprofit to nonprofit. Unlike a for-profit balance sheet, … Continue reading →