Financial Management

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I may be biased, but I think fiscal sponsorship can be a tremendous solution to a number of different issues for some nonprofits.

Categories: Financial Management
Tags: Fiscal Sponsorship
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Q & A with Rick Cole, Supervising Project Manager, FASB.

Categories: Financial Management
Tags: Accounting, FASB, Donor Restrictions, Expenses, Liquidity
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On August 18, 2016, the Financial Accounting Standards Board (FASB) issued new rules for nonprofits: “Accounting...

Categories: Financial Management
Tags: FASB, Accounting
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A year after the largest human services provider in New York City suddenly collapsed and closed its doors after 80 years, we can learn valuable lessons through two “post-mortem” reports.

Categories: Financial Management
Tags: #OwnYourOwnCosts, OMB Uniform Guidance
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After a technical hiccup delayed its rollout from the originally scheduled date of February 29th, the new...

Categories: Financial Management
Tags: IRS, 990-N, Filing Requirements
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Historically, small and mid-size nonprofits have struggled to find financial services that provide a fair deal, avoid conflicts of interest, and work efficiently.

Categories: Financial Management
Tags: Investments, Sustainability

During an interview with staff members at the New York Council of Nonprofits, Jenny Chandler, Vice President at the National Council of Nonprofits, learned how to build a better budget...

Categories: Financial Management
Tags: Budget, Financial Management
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By: Wavel Joseph, CPA, CGMA, CFOTate and Tryon

Categories: Financial Management
Tags: Financial Management, Governance, Dashboards

April is financial literacy month, so in the nonprofit community it’s the right time of year to ask this question: “We’ve got some board members who don’t want to serve on the finance committee and claim not to understand financial reports...

Categories: Financial Management
Tags: Financial Management, Budget
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It’s February, which means that Valentine’s Day is around the corner.

Categories: Financial Management
Tags: Audit, Transparency, Financial Management

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