If you handle money at all (personal life, business, etc.), you need a budget. If you’re leading a nonprofit, you definitely need a budget! A lot of people cringe at the thought of budgeting. They immediately feel like they’re back in math class having to turn...
A good nonprofit chart of accounts can help you avoid a lot of confusion and misunderstandings when it comes to keeping up with all of your important financial information. As the director of a nonprofit (or other high-level leader), you regularly provide your board...
Nonprofits exist to make positive improvements in their community (or however far their impact reaches). They meet needs and raise awareness of issues in our world in ways that lone individuals usually cannot. And they are an incredibly valuable part of our society....
Venmo nonprofit accounts are quickly becoming a big part of the charitable giving scene. But is it something your organization should be using or not? What are the advantages? Are there any downsides? We think you deserve the best information when it comes to making...
When you run a nonprofit, you have to make every dollar count. Nonprofit financial statements help you stay on top of your income and expenses in a way that shows how you are responsibly using donors’ money. In this post, we’ll unpack what makes nonprofit financial...
Driving a truck for a living is hard work. But delivering the goods that keep America running is such an important part of our economy. Without you being on the roads day and night, our country would grind to a halt faster than most people realize.If you drive as an...
Small business owners are often intimidated by having to create a traditional income statement for their company. However, it doesn’t have to be that way. All of your financial statements are valuable for helping you run your business. They give you insights into how...
If you handle money at all (personal life, business, etc.), you need a budget. If you’re leading a nonprofit, you definitely need a budget! A lot of people cringe at the thought of budgeting. They immediately feel like they’re back in math class having to turn...
If everybody had to file independent contractor taxes, we’d see a revolution in our nation’s tax code. Most people work for an employer at W-2 jobs where their taxes are automatically take out each pay period. They never have to think about it, are mainly...
You’ve probably heard it said that, in business, “you have to spend money to make money.” Generally speaking, that’s true. There are certain costs associated with running your company so that you can provide your product (or service) and realize some profit (and,...
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