As a nonprofit finance leader, you need fact-based data analytics to provide lines of sight across the organization and enable you to make informed decisions. You need to transition from historical scorekeeper to future-focused data-driven strategist, but how?
On September 17, the Financial Accounting Standards Board (FASB) issued an accounting rule that will provide more detailed information about noncash contributions charities and other not-for-profit organizations receive known as “gifts in kind.” Here are the details. Need for Change [...]
Americans donated over $410 billion to nonprofits in 2017, up 5.2% from the previous year. Yet research also shows that between the years 2000 and 2016, the percentage of the population that donates to any cause fell from 66% [...]