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The Capitalization and Depreciation Policy explains how to properly account for your organization’s assets and how they lose value over time. It emphasizes the importance of accurately recording asset values and following accounting rules. The policy describes how to record (or capitalize)...
What is the Income Recognition Policy? The Income Recognition Policy is a set of rules that helps nonprofits manage and report their income. It ensures that all money coming into the organization is recorded accurately and consistently. This helps keep the...
Volunteers are the lifeblood of many nonprofit organizations. They bring passion, energy, and a wealth of skills that can help propel your mission forward. However, recruiting, training, and retaining volunteers can be challenging. Why Volunteers Matter Volunteers...
Nonprofits operate under unique pressures, balancing tight budgets with the imperative to achieve their mission-driven goals. As such, maximizing the productivity of their employees is crucial. This blog explores strategies that can help nonprofits optimize employee productivity and includes...