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3 Signs Your Organization Needs a Nonprofit Accounting System

Blackbaud

Those low-cost tools can be a great way to launch and gain momentum, but there comes a point for every nonprofit when the time it takes to manage your fund accounting workarounds outweighs the cost of upgrading your system. It may be time to look for a fund accounting system with subfund capabilities when you notice these three signs.

Finance 105
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Your New Budgeting Superpower: Program-Based Budgeting

Blackbaud

As a nonprofit finance leader, you are constantly aware of the many different pulls on your funding availability. The best way to manage those differing priorities is through budget management tools that give you a clear view of each program, instead of trying to pull apart the organizational budget.

Budget 103
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Back-to-School Basics with Nonprofit Finance Fundamentals

Just Write Grants

With our digital school bells ringing, it's time to attend a masterclass in nonprofit finance. Balance Sheet : Provides a quick overview of the nonprofit's financial position at a specific point in time, detailing its assets (what it owns), liabilities (what it owes), and equity (the net assets or funds available to the organization).

Finance 52
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The Small Nonprofit’s Guide to Budgeting

Get Fully Funded

Yet a budget is a critical tool in managing your organization. A nonprofit budget can bring so many positives: Finances are much easier to manage because you know what expenses and revenue to expect. Success is easier to measure because you can compare your actual numbers to your budgeted numbers to see how you’re doing.

Budget 98