Finance & Accounting

In Part I of this series, we talked about your surplus & deficit summaries, what information they provide you, and how to read them. We started with those because current and accurate surplus & deficit summaries can give you the…

The idea of explaining nonprofit financials in the space of a blog is somewhere between ambitious and absurd, better that’s never stopped us before. I like to say that nonprofit finance has just two jobs: to keep us out of…

A good nonprofit finance team should, first and foremost, keep you out of jail. This is another way of saying that they are responsible for playing by the rules, understanding all aspects of compliance, and providing high-integrity financial statements that…

In 2012, Inner Voice, like many nonprofit organizations, was experiencing funding cuts and was faced with the challenging decision of scaling back either program services or their administrative necessities. They looked to National Able Network for cost-saving solutions to address…