Discover the key differences between for-profit and nonprofit accounting, such as how nonprofit accounting prioritizes transparency, fund accountability, and mission alignment—unlike for-profit models focused on profit and shareholder value. We break down the distinct financial statements, fund accounting practices, tax filings, and performance metrics unique to nonprofits.

A deep dive into how nonprofits can better manage their money, from net assets to functional expenses, nonprofit budget management to navigating IRS Form 990. Learn how Mission Edge supports its nonprofit clients through fiscal sponsorship and accounting services to stay organized, compliant, and confident.

Few things are as crucial as being audit ready. For organizations, audits can be stressful and time-consuming, but with the right preparation, it can be a smooth and headache-free process. At Mission Edge, our dedicated managed services accounting team understands the importance of audit readiness, and we ensure our clients are well-prepared to face any audit with confidence.

For nonprofits, revenues may come from contributions from the public, grants or endowments, ticket sales, auction proceeds, fees for goods and services, or any combination thereof..

Making sure your budgets are aligned across all departments will prevent excess spending and help create more accurate budgets for the future.