Adding It All Up: Nonprofit CFO Study
From Steve Zimmerman and Jan Masaoka’s article on Blue Avocado: “This survey of 906 nonprofit finance professionals reveals some surprises about these crucial-but-often-overlooked staff, looking at questions ranging from educational backgrounds, workload, board and CEO understanding of finance, and CEO compensation:” Read more
Unemployment Services Trust
The Unemployment Services Trust (UST) is an alternative to paying state unemployment taxes for nonprofits with 10 or more FTEs, as allowed by Federal law. With the ability to save thousands on unemployment costs annually, e-File unemployment claims with the state, and access expert HR Advisors through our HR Hotline and Library — more than […]
Cash Flow Projection Template
How much cash do we have? How much will we have next month? Next year? The Nonprofits Assistance Fund developed this excellent tool to help you answer this important question. Download a free Excel template here.
Operating Reserve Policy Toolkit for Nonprofit Organizations
This Toolkit, sponsored by the National Center for Charitable Statistics, Center on Nonprofits and Philanthropy at the Urban Institute, and United Way Worldwide, was created to provide a resource to: help to make a compelling case within the organization for the need to establish an operating reserve, provide factors to take into consideration in determining […]
True Program Costs: Program Budget and Allocation Template and Resource
The Nonprofits Assistance Fund has developed a how-to resource to guide nonprofits through the steps of calculating and understanding the full cost of programs. The process includes decisions about how staff spend their time, what budget items are shared among several program areas, and how to allocate an appropriate amount of overhead to programs and […]
Why Funding Overhead Is Not the Real Issue: The Case to Cover Full Costs
This article is from the Nonprofit Quarterly’s winter 2015 edition, “When the Show Must Go On: Nonprofits & Adversity.” An excerpt: “Big strides have been made recently in the acknowledgment that overhead ratios are poor indicators of an organization’s impact or financial efficiency. Although the movement toward outcomes-based measurement offers a promising alternative to understanding impact, […]
The 990: Cracking the Code
The Chronicle of Philanthropy has released a series of articles to help readers better understand the 990, how it’s used, and why it must be submitted. Highlights of these articles include: Common areas of misunderstanding Breakdowns of each section Best practices for submitting schedules Download a free copy.
Best Practices for Nonprofit Financial Health
This is a three-part beginner-level series of nonprofit finance best practices. The Nonprofit Finance Fund developed these in response to the most common questions they receive. “Part 1: Top Three Measures of Financial Health” “Part 2: Smart Nonprofit Business Models” “Part 3: Understanding Full Costs”
Update from the Financial Accounting Standards Board
A new update from the Financial Accounting Standards Board (FASB) constitutes the first major revision to nonprofit reporting since 1993. Read about new changes to nonprofit reporting here. What do the new reporting standards mean for your nonprofit and how should you prepare? Our friends at Fiscal Management Associates have created a step-by-step guide. Explore resources […]
