<img src="https://certify.alexametrics.com/atrk.gif?account=YiINr1zDGU20kU" style="display:none" height="1" width="1" alt="">

AcctTwo Blog

Measuring What Matters in Nonprofits

The right nonprofit financial management system can enable the access to statistical financial and operational data so you can automatically calculate key metrics such as financial (revenue), statistical (membership), or a combination (donations per attendee). And it can offer the visibility, automation, access, and adaptability you need to grow your organization or ministry and succeed. Whether you benefit from fast and easy reporting or automating processes that yield greater efficiencies, you will be a better steward of your funds when you start measuring what matters in nonprofits.

Topics: Not-for-profit Industry Faith-Based not-for-profit Metrics

Infographic: Technology Challenges for Nonprofits

The past year, there have been countless technology challenges for nonprofits. After some quick adaptations, the future looks very promising. That’s the story told by the data within the 2021 Nonprofit Technology Trends Survey results.

As you’ll see in the infographic below, nonprofit organizations faced a tough landscape, with many unique challenges around the pandemic, including disruption to programs and declining donations.

Topics: Not-for-profit Industry Faith-Based not-for-profit Infographic

Adopting Fundraising Metrics For Nonprofits

As donors and funders increase pressure on nonprofits to provide transparency and connect measures to outcomes, it can be hard to know where to start. If it's time for your organization to think about adopting fundraising metrics for nonprofits, it's important to identify supporting metrics that align with your strategic mission. When you focus on what and how to measure, you inform other aspects of your strategic planning, strengthening your stewardship and performance, and increasing your mission or ministry's impact.

Topics: Not-for-profit Industry Faith-Based not-for-profit Metrics

Using Outcomes to Measure Nonprofit Success

With intense competition for donor dollars—and funders insisting on greater accountability and visibility—nonprofits must show fiscal responsibility as well as program results. Agile nonprofit organizations have learned that using outcomes to measure nonprofit success facilitates the financial transparency that's in demand. Like them, you can use outcome metrics to easily measure and report on your organization's performance which enables nonprofit financial transparency.

Topics: Not-for-profit Industry Faith-Based not-for-profit Metrics

Trend: Nonprofit Financial Transparency Proves Challenging

Successful nonprofit organizations have implemented outcome metrics to provide nonprofit financial transparency, measure, and report on their performance. Outcome metrics not only show funders and constituents how the organization is performing; they also help pave the way for sustainable growth and greater efficiency. 

Topics: Not-for-profit Industry Faith-Based not-for-profit Metrics

Nonprofit Financial Management Software Helps VisitDallas Save Time

The team at VisitDallas is enjoying benefits from their new implementation of nonprofit financial management software. Their legacy system could not properly reflect the organization’s true structure and reporting, and was time-consuming and error-prone. Read about how the team worked with AcctTwo to automate their processes, bolster internal controls, and actually start enjoying their integrated nonprofit financial management software.

Topics: Not-for-profit Industry Faith-Based not-for-profit General

Nonprofit Accounting Services Help You Avoid Back-Office Obstacles

In the mission-driven nonprofit world, accounting and financial management can sometimes slip down the priority list. It’s not always easy to allocate budget dollars to back-office infrastructure that doesn’t directly support the nonprofit agenda, and it’s even harder to find the time and expertise to make it all work. Consider some of the obstacles:

Topics: not-for-profit Managed Accounting Services (MAS) General

Nonprofit Financials: Accelerate Recovery in 5 Steps

As governments around the world continue easing lock-down restrictions, executives are thinking about how to help their nonprofit financials accelerate recovery post COVID-19. Rather than hunker down, it’s time for nonprofits to take 5 proactive steps to stabilize their finances, adapt to new conditions, and prepare for continued mission success.

Topics: Not-for-profit Industry not-for-profit

Is Your Mission-Based Organization’s Growth Hiding a Dark Secret?

The goal of any mission-based organization is to grow in influence and have a greater positive impact on the world. However, when growth does begin to ramp up, it’s both an achievement and an obstruction.

With growth comes complexity. Everything from staffing to operations to marketing becomes more challenging. But accounting is the area where the stress is felt most acutely.

Mission-based organizations that rely on a simplified approach to accounting quickly discover that approach is ill-equipped to serve the needs of a larger and more complex organization. Individual accounting processes may work, but they do not communicate and cooperate in a way that the demands of enterprise accounting require.

Topics: church accounting non-profit not-for-profit Mission Organization

eBook: Ministerial Tax Issues

With Growth Comes Complexity

Among the many trends we see today all around the church, and among faith-based organizations, one of the most interesting is the expansion of multi-site churches. As congregations grow, it makes more sense for churches to establish new locations and spread the word to new communities. Social media and new marketing strategies are helping organizations grow to new locations and new audiences. The rise and ease of giving through smart phones and mobile devices is helping fuel this growth. A marked rise in volunteering is helping spread the good works of these churches, and demonstrate their importance to the community.

Topics: Blog Not-for-profit Industry Taxes Faith-Based non-profit eBook tax-free housing allowance ministry church taxes Informational tax not-for-profit Awareness