Blog

The Truth About Nonprofit Shared Service Agreements

Carey & Co | July 29, 2025
Collaborating Smarter While Managing Financial Complexity When you’re a nonprofit, collaboration can unlock tremendous potential to maximize impact and make the most of limited resources. And...
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The Case for Depreciation in Nonprofits

Carey & Co | July 23, 2025
A Strategic Financial Tool, Not Just an Accounting Line We know what you’re thinking: isn’t depreciation just a back-office necessity? A line on the financial statement to account for the...
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The Overlooked Importance of Financial Policies in Small Nonprofits

Carey & Co | June 24, 2025
How Informal Practices Can Lead to Inefficiency, Errors, and Audit Risks Financial policies might not be the first thing that comes to mind when managing a small nonprofit. We get it: with...
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Leading Now

Carey & Co | June 17, 2025
The events of the last five years have not just evolved—they’ve often upended what we once considered “normal.” The COVID-19 pandemic, volatile political climates, fast-moving policy shifts,...
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Navigating Uncertainty: Why Now Is the Time to Revisit Endowment Strategy

Carey & Co | May 12, 2025
Over the past several weeks, financial markets have experienced sharp volatility, driven by ongoing macroeconomic pressures such as inflation and policy uncertainty. The S&P 500 and other...
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Why Your Nonprofit Should Track In-Kind Donations More Closely

Carey & Co | April 16, 2025
The Financial and Compliance Benefits of Properly Valuing In-Kind Gifts In-kind donations—goods or services provided instead of cash—are a vital resource for nonprofits. Whether it’s office...
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The AI Revolution in Nonprofit Finance

Carey & Co | April 1, 2025
Cutting Through the Hype to Find Practical Solutions Artificial intelligence (AI) is transforming industries across the board, and nonprofits are no exception. From budgeting to donor management,...
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Indirect Costs: Are You Leaving Money on the Table?

Carey & Co | March 18, 2025
How to Maximize Overhead Recovery and Strengthen Your Nonprofit Indirect costs (often referred to as overhead), are the foundation of nonprofit operations. These expenses—administrative...
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How to Have Tough Conversations With Your Board About Financial Challenges

Carey & Co | January 30, 2025
Practical Strategies for Navigating Sensitive Topics with Confidence Discussing financial challenges with your board can be one of the most difficult tasks for nonprofit leaders. The fear of...
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