by CL Davidson | Aug 13, 2024 | Behind the Q
Title: 10 Tips to Optimize Your Organization’s Chart of Accounts + Examples Imagine a world where your stakeholders can see exactly how contributions or investments are making a difference. A well-structured chart of accounts (COA) makes it possible — but what is a...
by CL Davidson | Jul 17, 2024 | Behind the Q
Tips to Overcome Top Nonprofit Financial and Accounting Challenges Running a nonprofit is a rewarding endeavor, but it comes with its own set of financial hurdles. Unlike for-profit businesses, nonprofits have a unique mission to fulfill, and their financial health is...
by CL Davidson | Jun 18, 2024 | Behind the Q
Navigating Nonprofit Bankruptcy Nonprofit organizations play a critical role in our communities, with many delivering essential services and tackling social issues. However, even the most well-intentioned organization can face financial difficulties. In such...
by CL Davidson | May 29, 2024 | Behind the Q, NonProfit, Nonprofit Accounting Source
Nonprofit vs. For-profit Accounting: A Breakdown Are you considering starting a nonprofit, or want a better understanding of how nonprofit finances work? This overview explains the key differences between nonprofit and for-profit accounting standards. It’s not...
by CL Davidson | May 7, 2024 | Behind the Q
Unlocking Growth: How Bookkeepers and Accountants Boost a Nonprofit’s Mission Managing your nonprofit’s finances can feel like the age-old challenge of patting your head and rubbing your belly (not ideal, right?). But it doesn’t have to be that...