5 Bookkeeping Requirements All Nonprofits Have
Non-profit Organizations are just that, not for profit. Since non-profits operate on community impact and not sales revenue, their...
How often do you check your nonprofit's financials to see how healthy it is?
You might achieve this using an accounting system (hopefully not Excel), and the answer should leave you feeling confident.
Here are some questions you should have answers for:
How much money do you have right now
If you are spending more than you expected
If you have enough to pay your bills
What your plan is for the money you see in your bank account
If you’re in the red or the black