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The Botkeeper Blog

Bookkeeping, accounting, and business resources to help you become a finance guru. 

8 min read

Should Nonprofits Use Cash or Accrual Accounting?

By Aaron Sullivan on Jan 16, 2020 9:07:00 AM

If you're a nonprofit, you know better than anyone how your requirements and struggles are unique. At any given time, countless tasks demand your time, attention, and money—and that's on top of fundraisers and other charitable and social events. 

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9 min read

Everything You Need to Know About Recording In-Kind Donations for Nonprofits

By Aaron Sullivan on Jan 9, 2020 2:00:00 PM

As a nonprofit organization, you’re required to record and report not only cash donations but in-kind contributions, too. Sound like a lot? That’s because it is!

In-kind gifts make up a majority of donations to nonprofits, and these charitable contributions no doubt keep a nonprofit functioning. That’s why they’re always welcome! 

But recording them? That’s a different story.

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12 min read

9 Nonprofits With the Ultimate Mission Mindsets

By Yanik Fati on Nov 21, 2019 2:25:04 PM

In a world where it can seem like unfairness and inequality run rampant, it’s sometimes hard to find a glimmer of hope. Fortunately, there are good people and businesses out there working day and night to make the world a bit brighter and more hopeful for the rest of us. We’re talking about leaders in the nonprofit space that are putting their mission before their profit.

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18 min read

How to Overcome Top NonProfit Financial Challenges

By Aaron Sullivan on Aug 15, 2019 9:37:00 AM

Shocker: No one enters the world of nonprofits to make big money. In fact, the average salary for an executive director position at a nonprofit is around $61k, which is barely above the average income for US workers ($59,039). But thankfully, working at a nonprofit is more than a salary—it can be rewarding beyond compare and a real way to effect change. They say money isn’t everything, right?!
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3 min read

Tips on Nonprofit Taxes and Reports

By Angelina DeLago on Oct 13, 2016 9:13:44 AM

Running a non-profit organization is a rewarding opportunity. Not only do you get to apply your skills and experience in the ‘real world’, you also get to work for an organization that is serving a greater cause. If you want to be able to feel good about what you have done at the end of each day, starting a non-profit organization is a great idea.

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