Nonprofit Accounting Basics

Recent Articles

Financial Committees

Depending on the size of the organization and the provisions of the Bylaws and the laws of the state of incorporation, the Board of Directors may choose to create a Finance Committee.  The Fin

Your First Board

Every nonprofit corporation needs a board.

Starting a Nonprofit

There are well over 1.6 million nonprofits in the United States today.

Setting Up Office

One of the first practical tasks is to set up an office for the organization.

Mission and Strategy-Board Governance for Charitable Nonprofit Organizations

The board governance plays a crucial role in shaping and guiding the mission and strategy of a non-profit organization.

Indemnification

Indemnification is the organization’s direct expression of willingness to protect its board members (and its senior staff) from the financial burdens of liability.

Risk Management Plan

The board bears the responsibility for the safety of the organization.

Role in All Volunteer Organizations

Most nonprofits start as all-volunteer organizations (AVO), without a paid staff. The organization operates with the support of its board and maybe additional volunteers.

Insurance

Nonprofit organizations, like any other entities, face a range of risks and challenges in their day-to-day operations.

The Dos and Don’ts for Charity Auctions

Whether or not this is the first time you are doing an auction or the auction is a regular event for your 501(c)(3) organization, this article will provide a variety of pointers which apply to live