by Marcel Moore | Apr 3, 2025 | Best Practices, Industry News and Takeaways, NFP Partners Clients and News
Restricted vs. Unrestricted Funds: Why It Matters for Nonprofits In the nonprofit sector, financial resources are categorized into two main types: restricted and unrestricted funds. Understanding the distinctions between these fund types is crucial for effective...
by Marcel Moore | Dec 27, 2024 | Best Practices, Nonprofit
Self-Care for Accountants: A Path to Productivity in 2025 In the demanding field of accounting, where precision and deadlines are paramount, the need for effective self-care practices cannot be overstated. With burnout and stress as common challenges, integrating...
by Makalah Emanuel | Jul 1, 2022 | Accounting and Audit, Best Practices, Management
Nonprofit Budgeting in July Many individuals in the nonprofit world use the mid-year to begin analyzing progress made towards their annual goals. This can include asking questions like: Am I on pace to read the number of books I planned for the year? Have I gone on or...
by Laura Jorstad | Jun 9, 2022 | Best Practices, Guide to Strong Financial Leadership, NFP Partners Clients and News
Monitoring Your Nonprofit’s Financial Success One area NFP Partners focuses on is helping our nonprofit clients monitor their financial performance. This includes solid budgeting, monitoring the budget-to-actual revenue and expense, and forecasting the future....
by Laura Jorstad | May 6, 2022 | Best Practices, Guide to Strong Financial Leadership, NFP Partners Clients and News
Interpreting Financial Reports At NFP Partners, we’ve dedicated many of our Blog articles to growing nonprofit financial managers’ knowledge in planning for financial growth and avoiding financial uncertainty. This article is another example of such! If you’re...
by Nicci Hardman | Jul 8, 2021 | Accounting and Audit, Best Practices, Nonprofit
Download: Do Nonprofits Need a Balanced Budget? In the world of nonprofits, the “bottom line” is not always the “bottom line.” While there is an expectation that nonprofits should have balanced budgets, the truth is, nonprofit organizations will rarely have a balanced...