budget analysis

25 Nonprofit Financial Reports to Know

The Volunteer Treasurer’s Guide to Nonprofit Financial Reports

What, Why and When to Use 25 Different Nonprofit Reports Managing finances for a volunteer-run nonprofit can feel overwhelming at times—especially when you open your accounting software to find a long list of unfamiliar reports. What’s the difference between a Balance Sheet and an Income Statement? When should you use a Reconciliation Report? Do you…

nonprofit-adjustments-mid-year

Making Adjustments Mid-Year Based on a Budget Analysis

Following is a transcript of this episode of the Two Minute Treasurer’s Tip Podcast from MoneyMinder, with audio/video below. Welcome to the Two Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel. Let’s talk budgets! JoAnne writes: We are approaching mid-year, and so far, we have done really well with fundraising. So well that we want…

calculator2

Budgeting Dos and Don’ts

Budgeting can be a powerful planning tool. Here are a few must “Dos” to have a successful budget and a few common errors or “Don’ts”

duck race

Nonprofit New Year’s Resolution: Get Your Ducks in a Row

2015. Can you believe Y2K was a whole 15 years ago? We may not be facing a millennium-based computer bug meltdown, but time of year is wrought with its own set of challenges. Holiday shopping, school breaks, vacations, and more social interaction than you’re used to. All of that can add up to a lot of stress.…

nonprofit budgeting

How to Create a Church Budget

When it comes to managing the financials of a religious institution, the key factors are organization and trust. Like any organization, it’s unwise to assume that everyone can always be trusted. Be highly organized and leave a traceable path for every move you make so that all of your financials can be accounted for. All…