Category: Blogs

The Role of Accounting in Nonprofit Investment Strategy: What We Can and Can’t Do

Posted on by Haley Neitzel

Whether building endowments, funding specific projects, or growing reserves, investments can significantly impact a nonprofit’s financial health. However, managing these investments requires careful coordination between accountants, investment advisors, and investment committees. Sometimes it can be tricky to keep this all straight, so let’s explore the distinct roles of nonprofit accountants and investment advisors in investment…

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Understanding Your Fiduciary Responsibility: Protecting Your Nonprofit and Its Mission

Posted on by Haley Neitzel
Understanding Your Fiduciary Responsibility: Protecting Your Nonprofit and Its Mission

Being a fiduciary is one of the most critical roles a nonprofit leader can undertake.  Unfortunately, it’s not always easy to understand. Whether you’re a board member, executive director, or another nonprofit decision maker, you may have found yourself unsure about what this role entails. You’re not alone; many nonprofit leaders feel the same way….

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What Should Be Included in a Nonprofit Risk Assessment?

Posted on by Haley Neitzel
What Should Be Included in a Nonprofit Risk Assessment?

Picture this: A well-established nonprofit organization—let’s call them “Hope for All”—was thriving in its mission to provide education and resources to underserved communities. However, last year brought a series of unexpected challenges that threw them off course. A sudden cyber-attack compromised their donor database, halting their operations. Soon after, a large donor unexpectedly pulled their…

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Key Audit Challenges and Solutions for your Midsize to Large Nonprofit

Posted on by Haley Neitzel
Key Audit Challenges and Solutions for your Midsize to Large Nonprofit

Audits can be a daunting process for any organization, but medium-sized nonprofits face unique challenges. Ensuring financial integrity and transparency is crucial, not only for compliance but also for maintaining donor trust and securing future funding.  At Chazin & Company, our extensive experience with nonprofits of various sizes has allowed us to identify common pain…

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Chazin Roadshow and Learning Summit Recap: Phoenix Takes Flight!

Posted on by Haley Neitzel

The 2024 Chazin Roadshow and Learning Summit in Phoenix, Arizona, provided attendees with valuable insights and opportunities for professional growth. Held at the vibrant Children’s Museum of Arizona, the event buzzed with energy and a shared passion for empowering nonprofits. Highlighting Innovation and Impact The Learning Summit portion proved to be an engaging knowledge exchange….

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A Board Member’s Guide to Investment Oversight

Posted on by Liza Gagne

A Board Member’s Guide to Investment Oversight This blog is part of our co-branded series “Collaborating for Impact” which brings together the expertise of Chazin & Company and partners serving nonprofits to equip organizations with even more valuable resources and insights. This edition features content authored by eCIO.  Making certain your organization has adequate financial…

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In-Kind Donation Expertise: How To Unlock Noncash Gifts

Posted on by Liza Gagne
The title of the article, which is “In-Kind Donation Expertise: How To Unlock Noncash Gifts.”

From animal shelters to food banks to healthcare organizations, nonprofits of all verticals need more than just monetary support. It takes a combination of tangible resources, intangible assets, and financial flexibility to drive your organization’s mission, which is why the in-kind donation is so powerful. In-kind donations play a pivotal role in supporting nonprofit missions…

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