Nonprofit organizations often receive financial support from donors, foundations, government agencies, and other entities in the form of contributions and grants. Accounting for these transactions can be challenging, as they may involve complex terms and conditions that affect the timing and amount of revenue recognition.

WATCH A CLIP OF THE EPISODE ABOVE! In this episode of Beyond the Donation, managing partner Ken Cerini of accounting firm Cerini and Associates discusses strategies for better fiscal management and the roles of board members in a strong nonprofit. Ken stresses the...

Your nonprofit might acquire new donors regularly, but how often are they sticking around to give a second gift to your organization? If you’re like most nonprofits, you likely struggle to retain newly acquired donors. The average donor retention rate sits between...

There’s no doubting it—technology has fundamentally changed the way nonprofits operate. From fundraising to events to daily operations, technology has become indispensable for nonprofits looking to save time, money, and effort. Creating an effective change management...

Nonprofit organizations, driven by their altruistic missions, often grapple with multifaceted challenges in achieving their goals. In today’s era of data abundance, the role of data analytics in nonprofit decision-making has surged in importance. Data analytics offers...

A guide to applying the accounting standards for activities that include both program and fundraising components. What are joint costs and why are they important? Joint costs are the costs of conducting activities that have more than one purpose or function, such as...

Inflation Reduction Act of 2022 (“IRA”) offers various tax credits to incentivize individuals, businesses, and tax-exempt organizations alike to transition to clean energy sources. While tax credits are a great incentive for tax-paying individuals and businesses,...

As we move deeper into 2024, we look at what we can expect for the nonprofit sector as the year progresses. In 2023, the sector grappled with multiple challenges… the end of the COVID era which meant an end of COVID funding, an increase in demand for services brought...

In the dynamic landscape of nonprofit organizations (NFPs), staying informed about hiring, compensation, succession planning, and employee retention trends is crucial for attracting, developing, and retaining top talent. Recruitment Trends in Nonprofits: As nonprofits...

In the fast-paced world of nonprofits, staying ahead of technology trends is essential for organizations striving to make a lasting impact. As we approach 2024, several key technology trends are set to shape the nonprofit sector, influencing everything from...