Once again I find myself playing catch up on all that I want to read about nonprofit management and once again I list some of the more interesting items. Human Resources Because nonprofit fiance and accounting topics are not enough for me, here are some tidbits on HR issues you should know about. There is [...]
Posts under ‘Policies and Procedures’
Money Managing in Challenging Times
First of all, thanks to all those who attended last weeks training. The resources we talked about will be listed below. It goes without saying that these are interesting times financially and operationally for the charitable sector. Like many of you, I went through the economic slowdown that came after the tech meltdown in 2001 [...]
Where the Money Went
I work for a nonprofit which is home to several named endowed funds. We are getting ready to send out annual statements for 2008. Unfortunately, all the funds suffered a loss. A lot has to do with the economic state we are in, but how do you think would be the best way to approach [...]
Some Questions and Answers
What would be the accounting transaction recorded by a 501(c)3 organization for a permanently restricted donation received? The particulars will depend on what accounting software you are using. Basically you would debit cash or receivables (depending on if you got the money or just a letter saying you were getting the money) and credit an [...]
