This article provides a helpful overview of the difference between cash accounting and accrual accounting, and the factors to consider when choosing an accounting method for your nonprofit.
This article, written by Attorney Robert H. Levin, outlines the procedural choices open to Maine nonprofit organizations as they decide whether and how to seek property tax exemption in the face of municipal resistance. This article offers a chronological guide to the property tax exemption...
PrimerPropertyTaxProceduralChoices.pdf
Long time partners Nonprofit Quarterly, Propel Nonprofits, and BDO FMA, created the Nonprofit Financial Commons – a rich portal and peer community where nonprofits of all sizes and types can find and share information and tools to help them act strategically on their own financial models. ...
It is common for nonprofits to receive donations and contributions of nonfinancial assets, more commonly known as in-kind contributions. Typical examples of in-kind contributions a nonprofit may receive include but are not limited to: Pro bono legal & professional services Below-market...
This guide covers how nonprofits can use in-kind donations to advance their missions and how nonprofits need to report these gifts. #finance #fundraising
#finance #boards #businessplanning
Like businesses, nonprofit organizations sometimes need cash in the form of a loan to operate their programs effectively. Loans can be a tool that can help a nonprofit grow and succeed. This guide is designed to help nonprofits understand loans, uses for loans, and when loans make the most sense...
Volunteers in the United States hold up the foundation of civil society. They help their neighbors, serve their communities, and provide their expertise. No matter what kind of volunteer work they do, they are contributing in invaluable ways. Independent Sector publishes an annual "Value of...
This article explains why and how to include volunteer time in your budgets and financials. #volunteers #finance
The goal of this guide is to provide an entry into pricing by combining both economics and marketing principles. Section 1 goes through the key pricing structures to determine which works best for the organization and service/product line. Section 2 covers how to determine the price for a...
Pricing-Guide.pdf