Accounting, Nonprofit Westerly Creative Studio Accounting, Nonprofit Westerly Creative Studio

Internal Controls: The Importance of Separating Duties for Small Nonprofit Accounting

Strong nonprofit internal controls, including clear separation of financial duties, help protect those resources and support accurate reporting. Even small organizations can apply practical approaches to segregating duties and strengthening nonprofit financial policies without adding significant staff or cost.

Read More
Accounting, Nonprofit Westerly Creative Studio Accounting, Nonprofit Westerly Creative Studio

Smart Budgeting for Nonprofits: A Key to Operational and Program Success

Smart budgeting is essential for nonprofit success, helping organizations align resources, meet funder requirements, and ensure long-term financial health. In this blog our nonprofit accounting experts detail how mid-sized nonprofits can strengthen their budgeting through accurate forecasting, program-specific planning, and reserve strategies.

Read More
Fiscal Sponsorship, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Nonprofit Westerly Creative Studio

Avoid Nonprofit Startup Pitfalls: Fiscal Sponsorship Guidance for New Nonprofits

Starting a nonprofit can be challenging and many new organizations face obstacles, from accounting to compliance. Fiscal sponsorship offers critical infrastructure and expertise to help nonprofits launch. Learn how fiscal sponsorship can provide the strong, sustainable foundation from a nonprofit that has supported hundreds of organizations at every stage of their growth.

Read More
Fiscal Sponsorship, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Nonprofit Westerly Creative Studio

From Idea to Impact: How to Qualify for Fiscal Sponsorship

This guide outlines how to qualify for fiscal sponsorship by meeting key criteria so you can operate under the umbrella of an established 501(c)(3) sponsor, gaining the ability to accept tax-deductible donations and grants right away. Learn what fiscal sponsors like Mission Edge look for in a project and how to prepare your proposal for success.

Read More
Fiscal Sponsorship, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Nonprofit Westerly Creative Studio

The Friend in Me: An Innovative New Chapter in Youth Mental Health

We’re excited to share the official launch of The Friend in Me, a fiscally sponsored project of Mission Edge and an innovative program that uses AI to empower children with the skills they need to thrive emotionally and socially. Their unique and accessible approach to addressing the growing youth mental health crisis offers a mindful self-compassion program and training for educators.

Read More
Fiscal Sponsorship, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Nonprofit Westerly Creative Studio

Which Fiscal Sponsorship Model Is Right for You? A Quick Checklist

Not sure if you need fiscal sponsorship Model A or Model C? This practical checklist helps emerging nonprofits, social enterprises, and charitable initiatives choose the fiscal sponsorship model that aligns best with their goals, capacity, and legal structure. Learn how Model A offers integrated support for early-stage projects, while Model C provides flexibility for more established teams.

Read More
Fiscal Sponsorship, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Nonprofit Westerly Creative Studio

Model A vs. Model C – How to Choose the Right Fiscal Sponsorship Model

Not sure which fiscal sponsorship model is right for your organization? This in-depth guide explains how fiscal sponsorship works and helps you compare the two most common models: Model A or Model C. We'll help you choose the path that aligns with your goals, capacity, and growth strategy. Mission Edge has supported many orgs through this decision and we’re here to help you make the right one.

Read More
Accounting, Nonprofit Westerly Creative Studio Accounting, Nonprofit Westerly Creative Studio

What’s the Difference Between For-Profit and Nonprofit Accounting?

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.

Read More