by Nettie Reynolds | Mar 26, 2021 | Funding
Is your organization struggling with tracking and reporting, finding itself using one-off spreadsheets and manual workarounds, or experiencing growth and increases in funding sources? Is it time for a more robust, true fund accounting solution? A proper fund...
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by Brandon Stec | Dec 11, 2020 | Technology
Has 2020 stalled your organization’s plans for a new accounting solution? Despite the many unprecedented challenges of this year, your organization’s goals for achieving financial sustainability and growth are still ever present and how you manage to get...
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by Brandon Stec | Sep 29, 2020 | Funding
Nearly 67% of organizations polled shared that they are Paycheck Protection Program (PPP) Loan recipients, based on survey responses during MIP’s hosted expert panel discussion, Accounting for 2020. Accounting for 2020: Where do we all go from here? Nonprofit...
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by Brandon Stec | Aug 13, 2020 | Nonprofit Accounting
Whether we’re in times of economic growth or times of uncertainty, nonprofits need best-in-class tools to ensure their financial health and stability for the years to come. While many nonprofits may start off with simpler accounting tools or off-the-shelf...
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by Brandon Stec | Aug 7, 2020 | Technology
There is no doubt that COVID-19 has accelerated migration to the cloud for many organizations. With more employees working from different locations and accessing information remotely, nonprofits are migrating to cloud-based technology – and newer, more robust...
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by Brandon Stec | Jul 14, 2020 | Funding
Large and mid-size grantmaking foundations are providing vital relief funds to nonprofits and fellow organizations focused on local and state-driven recovery efforts in response to COVID-19. Emergency relief funding and coronavirus-related grant funding is growing,...
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by Carolyn White | Jul 13, 2020 | Funding
Reduced revenues, redirected funds, and emergency funding are part of the new normal for many nonprofits and organizations across the country. From government supported payroll protection to exhaustive efforts working to gain donations and relief funds, here’s...
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by Erin Shy | Jun 19, 2020 | Security & Compliance
Black Lives Matter is more than a global movement. It’s deeply personal, fraught with potential missteps and easy to get wrong. At Community Brands, we realize it’s too important not to try. We proudly affirm that Black Lives Matter and do commemorate the...
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by Brandon Stec | Jun 18, 2020 | Funding
Table of Contents Budget Revisions Budget Amendments Re-Budgeting Your organization’s budget serves as a guiding star for your nonprofit, functioning as a vital management tool and detailed map for where the organization is headed year over year. While budget...
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by Brandon Stec | Jun 3, 2020 | Security & Compliance
Regardless of mission or size, internal controls are essential to the well-being of all nonprofit organizations. While controls should be implemented throughout your organization, controlling user access within your accounting system is vital to safeguard financial...
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by Brandon Stec | May 27, 2020 | Security & Compliance
Merriam-Webster defines internal control as, “a system or plan of accounting and financial organization within a business comprising of the methods and measures necessary for safeguarding its assets, checking the accuracy of its accounting data or otherwise...
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by Brandon Stec | Feb 14, 2020 | Nonprofit Accounting
Whether you’re celebrating Valentine’s, Galentine’s or simply practicing self-care (step away from the spreadsheets. folks), with all this love in the air, there is no better time to reassess your relationship … with your accounting system. Yes, I know what you’re...
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