why nonprofits need nonprofit accounting slideshare

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NEED WHY NONPROFITS NONPROFIT ACCOUNTING

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Page 1: Why nonprofits need nonprofit accounting slideshare

05/30/2013 Footer 1

NEED WHY NONPROFITS

NONPROFIT ACCOUNTING

Page 2: Why nonprofits need nonprofit accounting slideshare

ACCOUNTABILITY

MATTERS

Page 3: Why nonprofits need nonprofit accounting slideshare

FRAUD 1

Page 4: Why nonprofits need nonprofit accounting slideshare

LOSS OF MAJOR DONORS

Page 5: Why nonprofits need nonprofit accounting slideshare

BOARD MEMBERS FORCED TO RESIGN

Page 6: Why nonprofits need nonprofit accounting slideshare

FORCED TO PAY DAMAGES

Page 7: Why nonprofits need nonprofit accounting slideshare

DEMAND 2 OUTPACING

FUNDING

Page 8: Why nonprofits need nonprofit accounting slideshare
Page 9: Why nonprofits need nonprofit accounting slideshare

What do you expect to happen to demand for your services in 2013?

Page 10: Why nonprofits need nonprofit accounting slideshare

What do you expect to happen to demand for your services in 2013?

INCREASE SIGNIFICANTLY

Page 11: Why nonprofits need nonprofit accounting slideshare

What do you expect to happen to demand for your services in 2013?

INCREASE SLIGHTLY

Page 12: Why nonprofits need nonprofit accounting slideshare

STAY THE SAME

What do you expect to happen to demand for your services in 2013?

Page 13: Why nonprofits need nonprofit accounting slideshare

DECREASE

What do you expect to happen to demand for your services in 2013?

Page 14: Why nonprofits need nonprofit accounting slideshare

31%

42%

21%

5%

35% 36%

20%

10%

41% 36%

16%

7%

44% 41%

12%

4%

SignificantlyIncreased

SlightlyIncreased

Stayed theSame

Decreased

DEMAND FOR SERVICES 2008 2009 2010 2011

Source: 2012 Nonprofit Finance Fund

Page 15: Why nonprofits need nonprofit accounting slideshare

Do you expect to be able to meet all of the demand for

your services in 2013?

Page 16: Why nonprofits need nonprofit accounting slideshare

56% 51% 52% 50%

44% 49% 48% 50%

2009 2010 2011 2012

Were Nonprofits Able to Meet Demand for Services?

YesNo

Page 17: Why nonprofits need nonprofit accounting slideshare

3 DONORS DEMAND

TRANSPARANCY

Page 18: Why nonprofits need nonprofit accounting slideshare

INFORMATION IS AVAILABLE LIKE NEVER BEFORE

Page 19: Why nonprofits need nonprofit accounting slideshare

WHERE DID THE MONEY GO?

Page 20: Why nonprofits need nonprofit accounting slideshare

Do you think the nonprofit sector is on the right track or

has seriously gotten off in the wrong direction?

Page 21: Why nonprofits need nonprofit accounting slideshare

30%

32%

38%

OVERALL

Right TrackWrong DirectionNot Sure

Source: 2010 Harris Poll

Page 22: Why nonprofits need nonprofit accounting slideshare

36% 38% 35% 33%

29%

21% 16%

19% 23%

34% 38% 37%

48% 43% 42%

33% 33%

42%

18 - 24 25 - 29 30 - 39 40 - 49 50 - 64 65+

BY AGE GROUP

Right Track Wrong Direction Not Sure

Page 23: Why nonprofits need nonprofit accounting slideshare

UNIQUE SOLUTIONS FOR UNIQUE REQUIREMENTS

Why a Nonprofit

specific system?

Page 24: Why nonprofits need nonprofit accounting slideshare

Unique reporting requirements

Page 25: Why nonprofits need nonprofit accounting slideshare

Drive different business

processes

Page 26: Why nonprofits need nonprofit accounting slideshare

Ensure donor and grant restrictions and intent are met

Page 27: Why nonprofits need nonprofit accounting slideshare

Provide internal accountability

to safeguard assets

Page 28: Why nonprofits need nonprofit accounting slideshare

Make timely financial information readily

available to donors and potential donors

Page 29: Why nonprofits need nonprofit accounting slideshare

Provide actionable data to managers to use in strategic

decision making

Page 30: Why nonprofits need nonprofit accounting slideshare

Demonstrate accountability to

multiple stakeholders

Page 31: Why nonprofits need nonprofit accounting slideshare

Support your

unique business

processes

Page 32: Why nonprofits need nonprofit accounting slideshare

Track and manage grants

Page 33: Why nonprofits need nonprofit accounting slideshare

Manage endowments

Page 34: Why nonprofits need nonprofit accounting slideshare

Track and report on restrictions

Page 35: Why nonprofits need nonprofit accounting slideshare

Create meaningful budgets

Page 36: Why nonprofits need nonprofit accounting slideshare

Comply with nonprofit reporting requirements

Page 37: Why nonprofits need nonprofit accounting slideshare

What

do you have?

Page 38: Why nonprofits need nonprofit accounting slideshare

THANK YOU!

Twitter: @JeffSobers SlideShare: www.slideshare.net\jsobers1