resources
Overviews for Beginners
Brief articles explain nonprofit accounting concepts
Self-study continuing education courses for purchase
Detailed articles and videos on accounting topics written for nonprofits
Includes managerial accounting (internal reporting) resources
The Washington Nonprofits Institute
Interactive modules on a wide variety of nonprofit topics
Understandable definitions and explanations of financial terminology, often with videos
National Council for Nonprofits
Tools and guides for financial tasks, including sample financial policies
Links to other relevant websites
Deeper Dives
Principles & Practices for Nonprofit Excellence – NC Center for Nonprofits
Guidance on aspects of nonprofit management, including Financial Management & Fundraising
Free for members, $15 for Sustainers/Associates, $25 for non-members
Board Source – Fundraising Toolkit
Website explains several equations to measure fundraising effectiveness
Toolkit (free download) includes spreadsheet to financially analyze fundraising strategies
Employment Law for NC Nonprofits – NC Center for Nonprofits
Handbook (free) provides guidance on compliance with state and federal employment laws
Nerding Out
Nonprofit Accounting & Financial Statements: Overview for Board, Management, and Staff by Thomas Ittelson
Includes overview of financial statements, sample transactions, and direction on other reporting topics
Nonprofit Finance: A Practical Guide for Controllers, CFOs, and Board Members by Sheila Shanker
More in-depth explanations of both common and complex accounting topics
Every Nonprofit’s Tax Guide: How to Keep Your Tax-Exempt Status & Avoid IRS Problems by Stephen Fishman
Includes information on Unrelated Taxable Business Income, lobbying restrictions, and compensation rules