Resources

You have to much to do to reinvent the wheel each time you  need ideas and inspiration. I work hard to find and curate for you the top articles on  financial issues facing nonprofits. Come back often, as there is always new content to help you manage your nonprofit.

Regardless of type, size or administrative budget, timely and accurate financial reporting plays a vital role in determining whether a nonprofit can fulfill its mission. Financial statements that contain accounting errors can undermine both the long-term and short-term viability of an organization.

As Frank Barry from npENGAGE says, “Simple math tells us that: If you get 1,000 visits to your online donation form and 1% convert into donors, you’ll have 10 donors. If you get 1,000 visits to your online donation form and 3% of them convert into donors, you’ll have 30 donors. That’s a 200% improvement.”

Does your nonprofit have to undergo an independent audit this year? If so, Capital Business Solutions has a few tips that can help you prepare.