How to Create & Maintain Your Nonprofit Chart of Accounts

2026-06-16T22:29:54-04:00

If you’re building the financial systems for a new tax-exempt organization, getting the structure right early will save your team time and energy later. In particular, it’s critical to create a chart of accounts to provide a foundation for all of your other accounting activities going forward. Developing this resource effectively from the start allows your team to spend less time tracking down financial records and more time applying the insights they gain to your programs and operations. This guide will help you create a nonprofit chart of accounts and keep it working for you as your organization grows. What is [...]

How to Create & Maintain Your Nonprofit Chart of Accounts2026-06-16T22:29:54-04:00

The Nonprofit Executive’s Guide to Gift Processing

2026-06-08T15:06:50-04:00

Strong institutional governance begins with an unyielding commitment to financial transparency and regulatory compliance. The nonprofit gift processing infrastructure serves as the core of this operational framework. While many executive leaders view donation administration as a routine, back-office data-entry task, it is, in reality, the primary gatekeeper for all incoming charitable revenue. When operational controls are weak, organizations expose themselves to significant vulnerabilities. Therefore, establishing an airtight administrative pipeline requires a deliberate balance between strict accounting principles and forward-looking management. This comprehensive guide provides a structural roadmap to help nonprofit CFOs and EDs overhaul their financial workflows to safeguard institutional assets, [...]

The Nonprofit Executive’s Guide to Gift Processing2026-06-08T15:06:50-04:00

How to Simplify Finance Tracking for Higher Ed Scholarships

2026-05-11T10:41:46-04:00

How to Simplify Finance Tracking for Higher Ed Scholarships With 58% of American families relying on scholarships to pay some portion of their children’s college tuition, it’s crucial that your scholarship office can effectively help students receive this vital assistance while tracking every aspect of administration along the way. Managing scholarships and institutional funding involves many moving parts, and a major obstacle preventing many educational organizations from adopting modern technology is a lack of confidence in the transition process. By consolidating data and adopting a robust end-to-end solution, your institution can free your team from time-consuming administrative work. Empowering your [...]

How to Simplify Finance Tracking for Higher Ed Scholarships2026-05-11T10:41:46-04:00

The Dos and Don’ts of Reimbursements for Remote Chapters

2026-04-14T12:01:18-04:00

Remote chapters have become one of the most powerful drivers of growth available to modern associations. By expanding beyond a central headquarters, your organization can expand its reach without the demands of physical offices in every region. But geographic expansion comes with a trade-off. The same flexibility that makes remote chapters so attractive also creates logistical hurdles, particularly when it comes to spending and reimbursements. When volunteers submit expense reports from a dozen different states, the risk of inconsistent recordkeeping, policy misunderstandings, and compliance gaps increases exponentially. These issues threaten your tax-exempt status, putting your entire organization at risk. In this [...]

The Dos and Don’ts of Reimbursements for Remote Chapters2026-04-14T12:01:18-04:00

Financial Benchmarking for Nonprofits: 4 Industry Standards

2025-08-04T09:57:59-04:00

Nonprofit leaders rely on accurate financial insights to make smart decisions that advance their missions. However, without defined benchmarks, it can be difficult to determine whether your organization is on track to meet its fiscal goals. Financial benchmarks are performance targets derived from accounting data or industry standards. Nonprofit leaders can compare their organization’s performance to these targets to reliably gauge their organization's health. These insights can also be useful when creating strategic plans, compiling key reports, or justifying financial decisions to board members. This article explores the financial metrics every nonprofit should monitor and how to apply them at your [...]

Financial Benchmarking for Nonprofits: 4 Industry Standards2025-08-04T09:57:59-04:00

Nonprofit Controllers vs. Accountants: The Key Differences

2025-07-03T11:50:24-04:00

It’s no secret that effective financial management is critical to your nonprofit’s long-term success. From properly allocating revenue to thinking critically about costs and building reserve funds, managing your resources allows your organization to first work toward financial stability, then plan for future growth. While your nonprofit should have dedicated financial professionals on its team, there are several different ways you can fill the necessary roles. In particular, many organizations debate whether to hire (or leverage outsourced services for) an accountant or a controller because there is some overlap between their duties. However, their jobs aren’t exactly the same, and different [...]

Nonprofit Controllers vs. Accountants: The Key Differences2025-07-03T11:50:24-04:00

Using AI for Grant Writing: Why, How, & What to Keep in Mind

2025-03-26T11:34:44-04:00

Imagine this: You’re up against a tight deadline, your team is stretched thin, and the pressure of crafting the perfect grant proposal feels overwhelming. Enter AI – a powerful tool that can help you organize your thoughts, communicate your mission, and craft a winning grant proposal. If you’re like most nonprofit professionals, you may be skeptical. Can AI truly help write better grant proposals faster and meet funders’ expectations? The answer is yes! AI is actually incredibly helpful for framing your thoughts, bringing fresh perspectives to your proposals, and improving your success rate when used effectively and in line with your [...]

Using AI for Grant Writing: Why, How, & What to Keep in Mind2025-03-26T11:34:44-04:00

5 Ways Small Businesses Can Reduce Inventory Waste

2025-03-07T16:37:18-05:00

Selling products isn’t just for retailers—almost every small business can benefit from diversifying its revenue in this way. During times of economic uncertainty, offering merchandise is a great strategy to insulate your business from hardship and shore up your finances. For example, a dog kennel might begin to offer grooming services, gourmet treats, and pet accessories like collars and leashes to create more income streams. Or, a hair salon might sell styling tools and products for at-home use. No matter what products you choose to sell, you’ll need to ensure your business effectively manages product inventory. Following the tips we recommend [...]

5 Ways Small Businesses Can Reduce Inventory Waste2025-03-07T16:37:18-05:00

Nonprofit Accounting FAQs: Your Questions Answered

2025-03-06T13:56:07-05:00

Working at a nonprofit is a balancing act. From marketing to fundraising to programming, you may take on different roles at any given time—even if they’re not necessarily your assigned position. While you may easily be able to step into different areas of your nonprofit’s operations, helping with accounting tasks may not be as simple. Whether you’re working at a small nonprofit with your executive director handling financial responsibilities, a large organization with full-time accounting staff, or anything in between, you should have a basic understanding of nonprofit accounting. This way, you can make well-informed financial decisions and work well with [...]

Nonprofit Accounting FAQs: Your Questions Answered2025-03-06T13:56:07-05:00

5 Creative Ways to Reduce Your Nonprofit’s Event Costs

2025-02-11T10:28:23-05:00

Whether you’re running a classic event fundraiser you do every year or experimenting with a new, unique idea, it’s essential to ensure your events bring in more than they cost to run. After all, that’s the only way an event fundraiser can actually raise funds! There’s no getting around the fact that nonprofits need to spend money to host memorable, engaging events that encourage donations. However, there are creative solutions nonprofits use to put on a wide range of events while sticking to a tight budget. To help your nonprofit reduce costs without sacrificing event quality, this guide will explore options almost [...]

5 Creative Ways to Reduce Your Nonprofit’s Event Costs2025-02-11T10:28:23-05:00

ABOUT TOP NONPROFITS BY NEXUS MARKETING

Top Nonprofits by Nexus Marketing was founded to help nonprofits accelerate their growth through dissemination and sharing of information, tools, trends and best practices.

LEARNING FROM THE BEST

© COPYRIGHT 2026 Top Nonprofits by Nexus Marketing | PRIVACY POLICY/TERMS OF SERVICE

Go to Top