Category Archives: financials
[PODCAST] Your Nonprofit Board’s Financial and Accounting Responsibilities
Supporting Donor Engagement During an Economic Downturn Delaney Mullennix, the Nonprofit Hub Radio Podcast host, interviews Melisa Gallasso, founder & CEO of Galasso Learning Solutions LLC, about nonprofit board’s financial and accounting responsibilities. Galasso, known for her dedication to various
6 Nonprofit Financial Best Practices
Money in the bank isn’t the only indicator of financial success for a nonprofit organization. In fact, when there is money in the bank, nonprofits often overlook financial best practices that add security and longevity to their mission. Here are
The 2022 Nonprofit Financial Management Checklist
With all the demands of running an organization, executive directors often let their nonprofit financial management go by the wayside. The focus tends to be on the mission, fundraising, education, and other day-to-day management responsibilities, which are all important. Setting
[PODCAST] Scrappy Nonprofit Accounting
Why DIY Nonprofit Accounting is a Don’t The nonprofit sector is notoriously self-sufficient—and often a little scrappy—when it comes to nonprofit accounting. With the aid of Google and volunteers plus an unabashed passion for our cause, we attempt to do
How Your Nonprofit Can Break Free from Frugality
Frugality is a virtue in the nonprofit sector. We’re accustomed to making the best with what we have, which often includes limited funds or resources. And although it’s wise to be good stewards and maximize value, sometimes quality and excellence
The Accounting Basics Every Nonprofit Team Member Should Know
Financial literacy is an area where “fake until you make it” doesn’t apply. In a sector where budgets are typically tight, there is no position exempt from understanding some basic accounting principles. This blog will be a great place to
