These videos are a quick answer to your questions about nonprofit finance. 

When a nonprofit organization owns a piece of equipment or property that they are going to use over a long period of time, they want to see that reflected in their financial information. Depreciation can be confusing, but the accounting concept is one we can all understand. Learn more about your financial statements with our Balance Sheet Basics video. 

 

No matter how expertly you manage your budget, you No matter how expertly you manage your budget, you can confidently project a surplus at the end of the year and still not have enough cash at some point during your fiscal year. That’s because money doesn’t always come in and go out smoothly from day to day or month to month. In order to weather the ups and downs properly it’s important to project and plan your cash flow. Project your organization's cash flow with our Cash Flow Template

 

Your nonprofit work has certain knowable costs. Costs for staff, costs for property and equipment, costs for programs. Sound nonprofit finance means determining, accounting for and allocating those costs properly. It also helps in your fundraising efforts to know how much a program will truly cost your organization. Learn more about how cost allocation helps you understand your true program costs with our e-study

 

Whether you call it the rainy day fund, a nest egg, or your safety net, reserves are an important and sound nonprofit management principle. But, how much do you need in reserve? When and how do you use your reserves? We're here to clear things up for you a bit. Learn more about reserves with our Nonprofit Operating Reserves and Policy Examples resource.

 

From time to time you'll have donations or grants that come with a few strings attached. These could be restrictions on how the money will be used or the time frame in which it can be used. It's important to know how these restrictions affect your budget, and how to manage these restricted funds. Learn how to record, report, and effectively manage restricted funds with our Managing Restricted Funds resource.