PABS
61% of donors claim to choose which nonprofits to support based on how “well” the organization utilizes its funding – Source Donors and stakeholders want to know that their contributions are being used effectively to further the organization’s mission. To achieve this transparency, nonprofits rely on a variety of financial statements, one of the most […]
According to the Nonprofit Trend Report published by Salesforce.org, 71% of nonprofits exceeded their program goals through strategic financial transformation. At your core, you always strive to create a positive impact. Yet, in the quest for noble endeavors, there’s often an overlooked truth: the lack of financial visibility and controls. This is where the urgency […]
There are over 1.5 million nonprofit organizations operating in the USA – National Center for Charitable Statistics. In my accounting tenure, I’ve witnessed the struggles nonprofits face when financial hiccups disrupt their vital operations and programs. The misallocation, poor reporting, and mismanagement of funds deprive them of the resources they desperately need. The common ground […]
