Nonprofit Financial Fundamentals
No matter what kind of business you run, you have to learn about the financial side of your operation. This is especially true for nonprofits, whose operations differ from for-profit entities.
Category: Nonprofit accounting
Nonprofits and Restricted Funds
Donors have the right to set restrictions on the donations they give to a nonprofit. Grant funders want to make sure their funds are spent on agreed-upon programs. Nonprofits have to ensure these funds are spent in a way that donors support.