What is Income for a Nonprofit?

What is Income for a Nonprofit?

Many of the principles of love and attention for your nonprofit’s finance apply to your personal finance, too. For instance, making a personal budget and weekly spending plan for your household are remarkably like developing your project budget and making a liquidity...
The Real Value of Finance Management

The Real Value of Finance Management

Last week I wrote about your cash box and how to handle cash properly. I hope you got the impression that I find it very important and am passionate about this. Because I am. Not because I care about cash (or non-cash money), really. But because I know that proper...
How to Handle Petty Cash Properly

How to Handle Petty Cash Properly

Very probably you have a cash box in your office somewhere, with a small amount of money in it. You probably use this sporadically. For instance, when someone needs to run to the shop quickly to buy something very minor. In most organizations, petty cash is not...
Keeping Up the Good Work In A Crisis

Keeping Up the Good Work In A Crisis

I see many not-for-profits being uncertain about their future now, as their activities are being canceled one by one. How can you keep on core staff, if project activities cannot be implemented? Do donors approve of covering such costs even though you cannot deliver...