Nonprofit Accounting Basics

Recent Articles

Nonprofit Operating Reserves Initiative Website

Beginning November 1, 2017 the NonprofitAccountingBasics.org website added an important new resource it its “Fundamentals” section.

Can your board answer “What Is Your Organization Identity?”

What makes you different from another institution? Why are there 5 different gardens? Why 8 different homeless shelters? Why 6 different animal welfare organizations?

Independent Contractor vs. Employee: Let's Get it Right

Determining Whether the Individuals Providing Services are Employees or Independent Contractors

In determining whether the person providing service is an employee or an ind

4 Tips to Create Your Nonprofit’s First Succession Plan

Losing your nonprofit’s executive director is a lot like losing your trail guide in the middle of the forest – slightly terrifying, completely disorienting and leaving you wishing you’d spent more

Have You Outgrown Your Financial Reporting System?

As your organization grows and becomes more sophisticated, your financial reporting needs to evolve as well.

Taxability of Credit Card Cashback Rewards

Most credit card companies offer some form of reward program to market their card and build customer loyalty.

Phishing and Spoofing Attacks Growing Ever More Common

You know the scam; someone in a foreign country has inherited a large sum of money and needs your help to get the money delivered to them.

Three Key Financial Mistakes that Financial Stewards Often Make

As stewards of critical resources that allow faith-based organizations to survive and do the good works they are called to do, those in position of managing the finances of religious organizations

Defending from the Ransomware Threat

Every time I teach a seminar on IT Security Preparedness one question always comes up: “Why is someone writing these malware programs and trying to install them on my computer?” and my answer is al

Beyond the Donor Acknowledgement Letter: Forms 8282 and 8283

Your charity just received a donation of a painting valued at $6,000.