How to Perform Budget Variance Analysis (Step-by-Step Guide)
Most nonprofit organizations often lack clarity on why actual expenses exceed their budget during their fiscal year.
Nonprofits
The Rise of AI in Financial Reporting (and Why CFOs Love It)
Like most nonprofit organizations, you've had to deal with time-consuming manual reporting, version control issues in your worksheets, and limited...
HR Budget Planning Explained: What to Do and What to Avoid
Imagine an effective HR budget planning system that helps you balance your staffing needs with funding limitations. It would be even better if you...
How to Perform Budget Analysis Effectively (Tools & Tips)
A well-timed mid-year budget analysis can be a game-changer for your organization, helping you avoid the risk of overspending on one program while...
Nonprofit Expense Categories: Guide + Examples
As a nonprofit leader, you've likely seen organizations struggling with delayed grants, flagged audits, or loss of funders because of unclear expense...
For Nonprofits, Storytelling with Data is the First Step Toward Smarter Budgets
If your board meetings feel like a tug-of-war between budget lines and blank stares, you’re not alone. Every nonprofit wants a solid budget strategy....
Nonprofit Financial Management Best Practices Uncovered
Proper financial management is a defining characteristic of a successful nonprofit in an increasingly stressful environment. Your organization must...
A Practical Guide to Not-for-Profit Financial Management
Not-for-profit financial management is notoriously difficult, thanks to limited resources, unpredictable sources of funds, unclear forecasts, fund...
Nonprofit Finance Made Simple: Practices and Tools That Work
You've seen this before or perhaps even experienced it at your charity: You are all passionate about change through service to humanity. However,...