Finance & Accounting

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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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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Steering the Ship: Best Practices for Interim Nonprofit CEOs

Carey & Co | January 16, 2025
The Essential Checklist for Interim CEOs Managing Nonprofits Through Transition Whether your first or hundredth engagement, the only predictable part of being an interim CEO is the...
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Cost-Benefit vs. Cost-Impact: Decoding Your Financial Decisions

Carey & Co | January 14, 2025
A Mission-Driven Approach to Financial Analysis for Nonprofit Leaders Nonprofit truth: every dollar spent represents resources diverted from other mission-focused needs, traditional cost-benefit...
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