Fund accounting helps nonprofits become more accountable to funding sources by tracking donor revenue designated for specific purposes. Editor’s Note: The following questions and answers represent real world challenges nonprofits encounter managing nonprofit...
Tracking revenue and allocating expenses can be a daunting task for nonprofits. Our advisor answers questions on nonprofit revenue and expenses. Editor’s Note: The following questions and answers represent real world challenges nonprofits encounter managing...
Managing nonprofit restricted funds can be challenging due to strict rules. Our advisor answers questions on donor restrictions placed on donations and grants. What Are Nonprofit Restricted Funds? By definition, a restricted fund is revenue set aside for a donor...
Nonprofits sometimes get caught up with donor restrictions imposed on donations and how to use these funds to pay expenses. What is the best way to pay expenses using donor restricted funds and remain compliant?
Faced with limitations on direct and indirect cost recovery, funding nonprofit overhead can be challenging and confusing for nonprofits.
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Nonprofit Accounting Pro teaches nonprofit accounting skills using professional-level expertise and resource materials. Our mission is to raise trust and transparency and help nonprofits become more accountable to their funding sources.