Author: Annette Sullivan

This author has written 29 articles
Read more about the article Mastering NFP Endowment Accounting: Essential Compliance and Reporting Strategies for Nonprofits

Mastering NFP Endowment Accounting: Essential Compliance and Reporting Strategies for Nonprofits

Endowments are a cornerstone for nonprofit financial sustainability, providing a permanent funding source that enables organizations to support their mission for generations. Yet, nonprofit endowment fund accounting is daunting, with complex compliance requirements and evolving standards such as UPMIFA (Uniform Prudent Management of Institutional Funds Act) and ASC 958. For nonprofits and their boards, proper endowment management entails more than maintaining spreadsheets — it involves building stakeholder trust and ensuring the organization’s long-term future. In this guide, Temple Management CPA shares everything you need to know about accounting, compliance, and reporting for nonprofit endowment funds.

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Read more about the article Understanding Your Financial Statement Audit Report: A Guide for Nonprofits

Understanding Your Financial Statement Audit Report: A Guide for Nonprofits

For many nonprofit leaders, receiving the annual financial statement audit report can feel like opening a complex book written in accounting jargon. But understanding this report is essential—it’s not just a compliance requirement; it’s a powerful tool for transparency, accountability, and strategic decision-making.

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Read more about the article Measuring Success of an NFP: KPIs and Dashboards

Measuring Success of an NFP: KPIs and Dashboards

In today's competitive nonprofit landscape, organizations can no longer rely solely on passion and good intentions to demonstrate their impact. Modern nonprofits must adopt data-driven decision-making to optimize their mission effectiveness, maintain donor trust, and ensure long-term sustainability. The key to this transformation lies in implementing robust key performance indicators (KPIs) and creating actionable dashboards that transform raw data into strategic insights.

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Read more about the article Sound Governance and Leadership for NFPs: Securing Your Mission in 2025

Sound Governance and Leadership for NFPs: Securing Your Mission in 2025

In the rapidly evolving nonprofit landscape of 2025, not-for-profit organizations (NFPs) are more essential than ever. They fight for causes, fill social gaps, and drive meaningful change. But organizational impact and survival don’t occur by accident. Today’s NFPs are under greater scrutiny, face complex financial realities, and must contend with both internal and external challenges—from shifting regulations to donor expectations and digital transformation. At the core of an NFP’s success lies sound governance and strong, ethical leadership.

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Read more about the article Securing the Remote Nonprofit: Communication Security and Collaboration Tools 

Securing the Remote Nonprofit: Communication Security and Collaboration Tools 

End-to-end encryption for sensitive financial discussions provides essential protection for confidential organizational communications. Approved collaboration tools that meet nonprofit security standards help ensure that all organizational communications maintain appropriate levels of protection while enabling effective teamwork and coordination. 

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Read more about the article Preparing for Your Nonprofit Audit: Best Practices and Lessons Learned from New Requirements

Preparing for Your Nonprofit Audit: Best Practices and Lessons Learned from New Requirements

Nonprofit organizations are navigating an evolving landscape of audit requirements and best practices. Effective nonprofit audit preparation remains crucial for ensuring compliance, enhancing transparency, and maintaining stakeholder trust. In this comprehensive guide, we'll explore key aspects of preparing for your nonprofit audit, including lessons learned from recently implemented standards, emerging best practices, and strategies to navigate common challenges.

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Read more about the article Sustainable Fundraising Strategies: Balancing Digital and Traditional Approaches

Sustainable Fundraising Strategies: Balancing Digital and Traditional Approaches

Organizations face unprecedented challenges and opportunities in the ever-evolving landscape of nonprofit fundraising. The post-pandemic era has accelerated the shift toward digital fundraising, but traditional methods remain essential for building strong donor relationships and securing significant gifts. As nonprofits navigate this complex environment, it's crucial to strike a balance between digital and traditional fundraising strategies to ensure long-term sustainability.

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Read more about the article Leveraging AI to Transform Nonprofit Finances: Enhancing Efficiency and Accuracy

Leveraging AI to Transform Nonprofit Finances: Enhancing Efficiency and Accuracy

AI revolutionizes nonprofit finances by automating tasks, enhancing analysis, detecting fraud, optimizing costs, and empowering informed decision-making for social impact.

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Read more about the article Securing the Remote Nonprofit: Comprehensive Strategies for Distributed Workforce Protection

Securing the Remote Nonprofit: Comprehensive Strategies for Distributed Workforce Protection

The nonprofit sector has undergone a fundamental transformation in how organizations operate, with remote and hybrid work models becoming permanent fixtures rather than temporary adaptations. According to recent research, 62% of Americans are now working from home in some capacity, a shift that includes both temporary and permanent changes across all sectors, including nonprofits. This evolution has created unprecedented opportunities for mission-driven organizations to expand their reach and operate more efficiently. Still, it has also introduced significant cybersecurity challenges that require immediate attention and strategic planning.

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Read more about the article Safeguarding Your Nonprofit: A Guide to Information Security

Safeguarding Your Nonprofit: A Guide to Information Security

Cybersecurity is essential for nonprofit organizations, which often handle sensitive donor data, financial records, and operational information. Without proper safeguards, nonprofits risk data breaches, ransomware attacks, and reputational damage. This guide focuses on actionable strategies for data protection for nonprofits, covering physical and digital security measures to help organizations mitigate risks effectively.

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