Nonprofit Accounting Basics: How Financial Management Differs for Charitable Organizations

# Nonprofit Accounting Basics: How Financial Management Differs for Charitable Organizations ## Fund Accounting - Track resources by purpose: unrestricted, temporarily restricted, permanently restricted - Report by program vs. admin/fundraising ## Donor Restrictions - Document and honor donor intent; release restrictions appropriately - Grant tracking and reporting requirements ## Reporting & Compliance - Statement of Activities vs. traditional P&L - Form 990 and state charitable registrations ## Internal Controls - Segregation of duties in small teams - Board oversight and conflict of interest policies ## Technology & Processes - Donor CRMs integrated with accounting - Document retention and audit readiness ## CTA We help nonprofits implement fund accounting and transparent reporting so donors and boards can trust the numbers.