Nonprofit Blog

Welcome to the Nonprofit Blog hosted by the professionals at Armanino, CPAs & Consultants. This blog is set up to inform nonprofit organizations of trends, rule changes, best practices and free educational offerings that we have built to support nonprofit organizations. Our professionals bring you their insights from an accounting and organization perspective to help nonprofits reach their goals. We support our clients with advice, direction and best practices.

Nonprofit Blog

Friday, March 10, 2017

When Should You Pursue Pledged Donations From an Estate?

Duke University suffered a heavy blow to goodwill—and to its cash flow for years to come—due to public backlash over the school’s legitimate claim against the estate of a loyal supporter. Last August, The Wall Street Journal (WSJ) reported that Duke University had made a claim on the estate of Aubrey McClendon for about $9.94 …

Monday, December 19, 2016

How to Manage Your Grant Reporting

A nonprofit may have dozens―or even hundreds―of private grants, with reporting requirements that can run the gamut from simple to wildly complex. Without an efficient process to track and report how it spends restricted dollars, any organization can quickly find itself struggling to meet its obligations to grantors. That’s not a scenario anybody wants. To …

Monday, November 7, 2016

Last Call: Top 6 Reasons to Attend EVOLUTION

EVOLUTION is happening this Thursday, November 10 and it’s not too late to register! This free, one-day event for business leaders offers education and networking around today’s leading business practices, as well as the opportunity to earn continuing education (CE) credits. Here are the top reasons your nonprofit finance team should attend: 1. Experience Growth …

Monday, October 3, 2016

Register Now for Armanino’s EVOLUTION 2016 – Growth Through Innovation

Back for its second year on November 10, Armanino will host EVOLUTION 2016—a free, one-day event for business leaders that offers education and networking around today’s leading business practices, as well as the opportunity to earn continuing education (CE) credits. Here is everything you need to know about why your nonprofit finance team should attend …

Friday, September 23, 2016

Innovation: A Must-Have Tool for Nonprofit CFOs

Innovation is must-have equipment in the toolbox of CFOs operating in the nonprofit sphere. That’s the message from a panel of nonprofit executives at this year’s nonprofit symposium. Finding sustainability is a constant challenge, said Sally Petersen, CFO of Second Harvest Food Bank of Santa Clara and San Mateo Counties. And sometimes the enemy is …

Thursday, September 8, 2016

Nonprofit Symposium Recap: How to Streamline Your Fundraising

Although fundraising is critical to nonprofits’ success, many don’t have the right finance infrastructure to support it. To better serve their missions, organizations of all sizes need to put efficient donor management technology and processes in place. “We’ve found that if you’re working with donors, you need a system to track those relationships,” said Armanino …

Wednesday, August 31, 2016

Armanino Nonprofit Symposium: Why Nonprofits Hire an Outsourced CFO

Organizations choose to outsource their CFO for a number of different reasons. Some of these are easy to measure, but others are more intangible, according to panelists at the recent Armanino Nonprofit Symposium. Regina Birdsell, president and CEO of the Center for Nonprofit Management, said that as nonprofits try to get the most out of …

Thursday, August 25, 2016

The Brighter Side of Nonprofit Collaboration

Many nonprofits shy away from collaboration and partnerships for many reasons such as overlap of initiatives, the competition for grant funds and lack of resources. By avoiding working as partners, organizations are missing out on new ideas and initiatives that can make change for the community being served. Through well-planned and proper execution, collaboration can …

Monday, August 22, 2016

Playing for Keeps: What to Do When Donors Change Their Minds

There are no take-backs in fundraising, right? Wrong. Contrary to what your development team might believe, donors can and do ask for their money back. Take country music superstar Garth Brooks. The singer found that he had friends in high places when an Oklahoma jury agreed that a hospital had defaulted on an agreement to …

Monday, August 8, 2016

Nonprofit Symposium Keynote Recap: Influence Sustainable Change

Nonprofit finance leaders may not see themselves as architects of change in the sector. But as nonprofit organizations continue to struggle with systemic challenges, such as the overhead myth and inequity, they can play a strategic role in solving these widespread problems. “You have way more influence than you know, because the budget determines everything,” …

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