A well-structured cash reserve policy is an essential element of strong financial stewardship in the nonprofit sector. Reserves give organizations the stability to weather revenue fluctuations, address unforeseen expenses, and invest strategically in mission-driven initiatives. Developing a clear, board-approved policy ensures consistency, transparency, and accountability in how reserves are built and used.
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How Can Your Nonprofit Survive in 2026? Survival Strategies for Struggling Nonprofits – Part I Recognizing the Signs
The nonprofit sector is entering 2026 facing its most challenging financial environment in a decade. If you're a nonprofit executive director, board member, or financial officer feeling the squeeze, you're not alone. Recent data reveals that 36% of nonprofits ended 2024 with operating deficits—the highest rate in ten years. Meanwhile, 84% of organizations that receive government funding anticipate cuts in the coming year, and 86% report that inflation continues to have a significant impact on their operations.
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Measuring Success: Choosing the Right Evaluation Method for Your New Nonprofit Program
In the competitive landscape of nonprofit funding, where resources are scarce and donor expectations are high, effectively evaluating nonprofit program success is essential for sustainability and growth. According to recent surveys, approximately 70% of nonprofits struggle to demonstrate measurable impact, often because they select inappropriate evaluation approaches that fail to capture the full picture of program performance. This article explores nonprofit program evaluation methods, focusing on three key frameworks — goal-based, process-based, and outcomes-based — to help organizations choose the right tools for assessing new initiatives.
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Employers may help with college expenses through educational assistance programs
Employers can continue to use educational assistance programs to help employees with undergraduate or graduate-level student loan debt and other education expenses tax-free.
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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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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.
Read MorePodcast Episodes
Preparing for Your Nonprofit Audit: Best Practices and Lessons Learned from New Requirements
November 4, 2025
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
Sustainable Fundraising Strategies: Balancing Digital and Traditional Approaches
September 2, 2025
As nonprofits navigate this complex environment, it’s crucial to strike a balance between digital and traditional fundraising strategies to ensure long-term sustainability.
Leveraging AI to Transform Nonprofit Finances: Enhancing Efficiency and Accuracy
August 5, 2025
In today’s digital era, the integration of artificial intelligence (AI) has revolutionized various industries, including finance and accounting. Nonprofit organizations can benefit immensely from AI-driven
Safeguarding Your Nonprofit: A Guide to Information Security
July 11, 2025
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.
Five mistakes you might be making with your money.
June 1, 2025
In this episode, we talk about what you could be getting wrong concerning your finances.
