Our Top Picks: The Latest and Greatest Nonprofit News and Resources
If you’re like us, your daily inbox is jam-packed with newsletters and educational opportunities from like-minded social impact leaders. These spectacular humans work around the clock to foster positive change in their communities. Then, somehow, find time to share their story with fellow nonprofit enthusiasts. We tip our hat to them!
Here are just a handful of our favorite nonprofit resources this month:
Thanks for stopping by to read our picks for top nonprofit news this month! If you’re interested in hearing more from us, subscribe to our newsletter today!
About Blue Fox: Our team provides customized, boutique financial and back office services for social impact organizations. Services range from standard bookkeeping and payroll services, to coaching and consulting, to comprehensive virtual CFO services. Our mission is to disrupt the traditional accounting model through technology, innovation, and a radically client-focused approach that truly empowers nonprofits and social enterprises. For more information call (321) 233-3311, email firstname.lastname@example.org, and visit www.YourBlueFox.com.
Free Download for Bookkeepers!
T-Accounts are a visual representation of the fundamental concepts of double-entry accounting. If you're a bookkeeper or controller, you're no stranger to the double-entry system. But if you don't have formal accounting training, it can be tough to remember what goes where when you're making a journal entry adjustment to the books.
Grab this quick cheat sheet for an easy 1-page guide to T-Accounts. Complete with a pneumonic helper, the more you refer to this in the short term, the more it will get locked into your brain! You won't be that bookkeeper referring to a cheat sheet multiple times a day after a few weeks of using this handy guide.
There's an old accounting story that professors still tell to this day:
She locks the drawer every night before she leaves, and the other office staff gossip quietly every day about what's in the drawer. Chocolate? Can't be. It's not edible. A pet rock? Possibly. She's a little quirky. They speculate endlessly.
One day, the bookkeeper dies suddenly. The business owner gets her desk drawer keys from her family a few days later. The office gathers around as the big secret of the drawer is revealed. What's in it?
A simple piece of paper with the words "Accounting Bible" at the top. On the sheet is a strange coded set of words and symbols labeled "T-Accounts." The office staff stares in wonder, unable to make anything out of it. Then someone puts it back in the drawer and they walk away... Guess she really was an odd duck.
Get your very own Accounting Bible here ;)
"Sheehan will speak on how to drive organizational sustainability though financial stewardship."
Dubbed by her clients as a nonprofit numbers guru, Sheehan will speak on how to drive organizational sustainability though financial stewardship. Her presentation, Count Less - Measure More, focuses on how nonprofits can best leverage their hard-earned funds.
She explains, “Nonprofit leaders spend 90% of their time chasing funding, and 10% of their time analyzing how they leverage those hard-fought dollars - if that! Financial stability and sustainability depend on your ability to disrupt that dynamic. What you do after the money comes in is the true secret sauce in sustainability.”
Conference organizer Jordan Geisert commented on Sheehan’s participation, ““We chose Chantal to speak at Cause Camp 2020 because we are striving for next-level content and we know she can deliver on that. Her presentation on stewardship within nonprofits will include tangible steps that our attendees can take right back to their organizations, which is what our conference is all about.”
Sheehan is a nonprofit organizational leadership expert and financial management coach with over 15 years executive-level experience across the private and public sectors. She guarantees Cause Camp attendees a fast-paced session loaded with takeaways and she promises, “We will make finance fun!”
As an avid blogger she spices up the topic of financial management in publications for Bill.com, Bloomerang, and Hive. Her company blog at www.yourbluefox.com features content aimed to educate and empower nonprofit and social enterprise professionals. From QuickBooks hacks to advice on how to talk finance with a board of directors, the Blue Fox blog has it all.
A recovering nonprofit executive director herself, Sheehan started Blue Fox in 2015, and the company has doubled or tripled in size each year in response to high demand. For more information about Blue Fox call (321) 233-3311, email email@example.com, and visit www.yourbluefox.com.
ABOUT BLUE FOX: Blue Fox provides customized financial and back office services for social impact organizations (nonprofits and social enterprises). Services range from standard bookkeeping and payroll services, to coaching and consulting, to full-blown virtual CFO services. The Blue Fox mission is to disrupt the traditional accounting model through technology, innovation, and a radically client-focused approach that truly empowers nonprofits and social enterprises. For more information call (321) 233-3311, email firstname.lastname@example.org, and visit www.yourbluefox.com.
ABOUT CAUSE CAMP: Cause Camp is an immersive boutique conference in Lincoln, Nebraska presented by Nonprofit Hub, dedicated to teaching nonprofits to hone their skills and welcom change. For more information visit www.cause.camp/home.
Welcome to the Blue Fox Blog! A fairly entertaining source of info and news related to our company, nonprofits, social sector trends, and, of course, accounting. Enjoy!
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