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Make sure you know when there are strings attached to the funds you receive!
When there are funding restrictions, it’s important to understand and document where that money needs to be spent, and let funders know you spent the money in the way that they intended it.
If you have questions, we have some great Sharity experts who specialize in nonprofit accounting. Schedule a free consult with one of them today! https://info.sharityglobal.com/consultation-request
For more about Sharity Global and how we can help you grow your NPO, please visit https://sharityglobal.com
By Carol WickMake sure you know when there are strings attached to the funds you receive!
When there are funding restrictions, it’s important to understand and document where that money needs to be spent, and let funders know you spent the money in the way that they intended it.
If you have questions, we have some great Sharity experts who specialize in nonprofit accounting. Schedule a free consult with one of them today! https://info.sharityglobal.com/consultation-request
For more about Sharity Global and how we can help you grow your NPO, please visit https://sharityglobal.com