Blogs
Key Factors to Consider When Choosing a Nonprofit Accounting Firm
Nonprofit organizations play a crucial role in society by addressing various social, environmental, and cultural issues. Just like for-profit businesses, nonprofits need to manage their finances effectively to achieve their mission and goals. One key aspect of financial management for nonprofits is choosing the right accounting firm to handle their financial matters. In this article, […]
Nonprofit Risk Management 101: Comprehensive Guide and Expert Tips for Success
A comprehensive guide to nonprofit risk management, expert tips, and success stories for ensuring the sustainability of organizations.
Nonprofit Fraud Alert: Common Scams and Prevention Tips for Donors
Discover the impact of nonprofit fraud on donors and the community, common scams to watch out for, and tips to prevent falling victim.
Nonprofit Budgeting: Understand the Basics
Nonprofit budgeting is a critical planning document that predicts expenses and allocates resources effectively, ensuring the financial health of an organization. This practice allows nonprofits to strategically plan their activities, manage funds efficiently, and achieve their mission.
How Do Nonprofits Make Money? Making Nonprofits Profitable
Nonprofits are federally-recognized, tax-exempt organizations committed to mission-driven work that serves the community.
Why Nonprofits Should Consider Outsourcing Their Bookkeeping
Running a nonprofit organization comes with its own set of challenges, especially when it comes to managing finances. Bookkeeping is a crucial aspect of any nonprofit, as it involves the recording of financial transactions and ensuring compliance with various regulations. In recent years, many nonprofits have started to consider outsourcing their bookkeeping as a way to streamline […]
The Importance of Hiring a Professional Nonprofit Bookkeeping Service
Nonprofit organizations play a crucial role in our society by addressing various social, environmental, and community needs. Managing the finances of a nonprofit organization is a complex task that requires accuracy, transparency, and compliance with regulatory requirements. One key aspect of financial management is bookkeeping, which involves recording financial transactions, generating financial statements, and ensuring […]
Building Strong Foundations: A Comprehensive Guide to Setting Up Non profit Organization Accounting Systems
In the dynamic landscape of non profit organization accounting, effective financial management serves as a linchpin for sustainability and mission fulfillment. Establishing robust accounting systems tailored to the unique needs of nonprofits is not just a matter of compliance; it’s a strategic imperative for fostering transparency, accountability, and donor trust. In this comprehensive guide, we […]
Maximizing Impact: The Strategic Imperative of Outsourcing non profit organization accounting in Seattle, WA
Seattle, WA, stands as a beacon of innovation, diversity, and community engagement for non profit organization accounting. Within this dynamic cityscape, nonprofit organizations play a pivotal role in addressing social inequities, environmental concerns, and cultural enrichment. Yet, amidst their noble endeavors, nonprofits often grapple with the intricacies of financial management – navigating donor contributions, grant […]
Journey of Bookkeeper Kaleb Shaw — Defining Excellence in Accounting and Stewardship
We’re so excited to introduce you to Kaleb Shaw, a bookkeeper who’s been with us since he started as an intern in 2022. Many of you will recognize his name, as he serves Good Steward’s nonprofit clients faithfully by balancing their reports and reviewing records for accuracy. He’s been a valuable member of our team […]
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