Paths Forward for Financially Stressed Organizations
Most organizations are experiencing some level of financial stress. Even those receiving additional direct service funds may find that having a growing program is stretching administrative staff and operating systems.
Take Advantage of Free PPP Loan Assistance
Lawmakers are making it easier to convert Payment Protect Program (PPP) loans into grants. Learn how this can be done and how 501 Commons can assist you in applying for loan forgiveness.
Resources for Preparing for COVID-19 and Other Emergencies
The recent outbreak of COVID-19 is causing nonprofits to reevaluate how prepared they are for emergencies. We’ve been monitoring the situation closely and have assembled resources to help your organization adjust to this new reality.
QuickBooks Desktop vs. Online: Which is Best For Me?
Few accounting software programs can compete with Intuit’s QuickBooks for smaller to mid-sized organizations. Many nonprofit organizations use it for bookkeeping, payroll, and managing fundraising activities.
Take the Guesswork Out of Your Bookkeeping
Nonprofit accounting brings unique challenges, rules, and reporting requirements that for-profit companies don’t have to deal with. If anything is confusing you or causing you to lose sleep at night, partner with us and we can guide your way to better bookkeeping practices.
Get Financially Fit Without Breaking a Sweat
Confused by finances? We got you! We’re offering tailored financial training for board members and staff that makes key areas of nonprofit accounting easier to understand.
Pinpoint Your Organization's Priorities with Our Free Assessment
Unsure what to focus on in 2019? Take our free Five Elements of a Healthy Nonprofit Self-Assessment survey to find out!
Financial Education Can Help You Cultivate More Loyal and Productive Employees
While nonprofits try their best to promote a community-centric approach to achieving their missions, this approach can often neglect another important audience – their employees. Organizations that want to cultivate more loyal and productive employees can do so by offering a service that many of us don’t often think about: Financial education.
Gain Peace of Mind by Outsourcing to 501 Commons
Working on your 2019 budget? Consider the benefits of outsourcing important back office functions to 501 Commons!
How Long Should Nonprofits Retain Certain Documents?
Federal and state laws require the retention of certain documents and electronic records for a minimum amount of time, making it essential for nonprofit organizations to have a written retention policy that is faithfully followed.