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Chart of Accounts
Are there guidelines and best practices on how to set up and maintain your nonprofit's chart of accounts? How does the structure of your chart of accounts impact your ability to plan and understand your budget - as well as create and analyze your financial statements? Join us on our webinar to learn more.
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Bridging the gap - Grants and vouchers having special handling instructions
We are having a disconnect where a donor has asked to have a grant check sent to them rather than to the nonprofit (they want to present the check or include a note with the check before mailing it to the nonprofit) or sent to a 3rd party address for processing (for example, the donor has requested we send the check to the…
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Charging a Fee vs. Spreading Expenses out amongst the funds
Hello, We are a Community Foundation with roughly 130 funds. Some are unrestricted, some managed and some are temporarily restricted. We do not charge any fees to manage these funds, rather we just pass on expenses from our Financial Advisor and operating costs to the funds on a percentage basis. Can I ask the pros and…
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Grant application request for bank acct. information
Could someone tell me if it's normal practice for a grant application to request all your bank account information? I'm a newbie an with all the scams these days.... The grant maker is on Grant Station and appears to be legitimate in every other way. Thank you.
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Fee structure for Giving Circles
Good morning, We are reevaluating our giving circles' fee structure and would like to know if anyone has a set fee structure they are willing to share. Thank you.
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IRS Reminds Tax-Exempt Organizations of Annual May Filing Deadline
Hello Nonprofit Friends, Just a friendly reminder from our pals at the IRS that May 15th is fast approaching and that is the annual filing deadline. So if you've already submitted...cheers. If not, you might want to get that extension notice filed. IRS Reminds Tax-Exempt Organizations of Annual May Filing Deadline The…
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What is your biggest challenge with your budgeting process?
Comment below, it can be for either your organization's annual budget, or related to managing grant budgets. Supplementing the conversation from our webinar with Jitasa, Budgeting, Forecasting, and Reporting: A Plan for Financial Success. Watch here.