Insights

You started your nonprofit, filed the forms, and hired a service or professional to handle the setup. They helped you incorporate, apply for 501(c)(3) status, register as a charity in your state, maybe even open payroll tax accounts. Eventually you got the determination letter, registration confirmations, and a neat folder of PDFs. It feels like a finish line. Most nonprofits treat that moment as, “We’re done. We’re official. We’re set.” But those initial registrations are no

Managing grants is one of the most critical responsibilities for any nonprofit organization. Effective grant management not only ensures compliance with funders’ requirements but also strengthens your organization’s financial health and reputation. Whether you're a seasoned nonprofit leader or a new executive director, these 10 tips will help you master grant management. 1. Organize All Grant Contracts Keep all signed agreements and contracts in a centralized, organized folde

In the nonprofit world, conversations about money often come with good intentions, and misconceptions. One of the most common? The belief that only a CPA should manage a nonprofit’s finances. As the owner of a nonprofit accounting firm — and a Certified Nonprofit Accounting Professional (CNAP) myself — I’ve seen this confusion play out again and again. While CPAs play an essential role in the nonprofit ecosystem , daily financial management often calls for a different type o