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Navigating Nonprofit Finances: How to Effectively Manage Your Bookkeeper

Navigating Nonprofit Finances: How to Effectively Manage Your Bookkeeper

By Melissa Lagowski Founder/CEO/Queen Bee Successful financial management is one of the greatest keys to the sustainability of your nonprofit or association. The accuracy of your numbers is crucial for day-to-day funding of staffing, programming and strategic planning. And yet, depending on the source, 40% of nonprofit leaders and 60% of small business owners say they are not good at bookkeeping. Accounting is a highly-regulated area of importance for your organization, and yet most nonprofits do not invest in securing the specialists needed to manage their finances. And even when an association does hire a bookkeeper, leadership might not know...

These Red Flags Scream That You Need a New Bookkeeper

These Red Flags Scream That You Need a New Bookkeeper

By Melissa Lagowski Founder/CEO/Queen Bee If your nonprofit or association manages cash flow or oversees the filing of financial documentation on a regular basis, check out these warning signs that indicate when it’s time to hire a new bookkeeper. 1. Missed Deadlines Reconciliations and reporting are on a steady and predictable cycle. Bank statements are issued by the end of the month, so the bookkeeper should be able to reconcile all accounts and provide the monthly reports by the 15th of the following month. Governmental deadlines are also established and follow a regular pattern for submissions. If your filings are...

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Insights Blog Archive

  • Employee Retention Tax Credit Yields Powerful Opportunity
  • An Interim Leader Isn’t a “Temp:” Interim Leadership in NPOs as a Management Profession
  • The Compelling Case to Renew
  • Are You Leading With Impact?
  • 10 Cybersecurity Tips to Protect Your Nonprofit from Cyber Threats
  • Tips to Ensure Event Safety
  • Is Your Marketing Missing the Mark?
  • Defining Your Value: Reclaiming Relevance to the Community You Serve
  • 4 Ways Outsourcing Your Development Work Can Provide Value
  • Nonprofit Form 990: Friend or Foe?
  • Client Spotlight: Illinois Theatre Association
  • Real Progress Requires Intention: What Do You Want to Achieve in 2020 for Your Nonprofit?
  • Something Good: Building Your Team’s Connection
  • Budgeting for Your Nonprofit in Uncertain Times
  • The Need to Go Beyond Surveys
  • Client Spotlight: Old Town School of Folk Music
  • Advantages of Donor Database Software for Charitable Organizations
  • To Be Successful, Nonprofits and Associations Must Be Forward-Thinking
  • Make Your Nonprofit Stand Out: Creating Impressions for Impact
  • The 3 Mistakes I Made Managing a Nonprofit
  • The Birth of a New Vision
  • Four Tactics to Resolve Nonprofit Staffing Shortages
  • Why Your Nonprofit Needs Brand Guidelines
  • Want To Retain Your Employees? Wellness in the Workplace Matters!
  • Re-Imagine the Possibilities to Better Serve Your Mission
  • Big Buzz Idea Group Named One of America’s Top 100 Small Businesses
  • Board or Bored Leadership – Enter the Magnificent Seven
  • 10 Tips to Cultivate Sponsor Relationships
  • Nonprofit Event Venues 101
  • 5 Secrets to Streamlining Your Administrative Tasks
  • The Taxman Cometh (Yes, Even For Your Exempt Organization)
  • Fundraising: Creating a Straighter Path to Revenue Growth
  • Why You Need to Establish Gratitude as a Pillar at Your Nonprofit
  • Promotion Ideas to Benefit Your Nonprofit – Part II
  • Why Is My Organization Not Growing?
  • How to Develop Your Nonprofit’s Audience Persona
  • The Board’s Hot (Summer) Topics
  • Spend Less. Do More. Your Guide to Effective Outsourcing
  • DEI, DEIB, Equity & Inclusion for All: Ways to Advance the Work in 2025
  • Silver Linings Discovered Amidst a Pandemic
  • 5 Ways to Generate Sponsor Leads
  • What’s Your Nonprofit’s Story
  • Meet Big Buzz, the Creators of Ribfest Chicago
  • Crisis Management: Are You Ready?
  • Holding On When You Feel Like Throwing In the Towel
  • Self-Care: A Necessity for Successful Leadership
  • How to Hire a Consultant
  • Talk to Me! Prioritizing Internal Communications During Times of Transition
  • If You’re Feeling Hopeless of Late, Remember That Your Work Matters and You Do, Too
  • Organizational Operations Versus Organizational Strategy
  • 5 Tips for Prioritizing Your Mental Health in the Workplace
  • Communication Tips to Advance Your Organization
  • 50 Content Promotion Tactics: How to Drive Traffic to Your Next Article
  • Client Spotlight: Lincoln Square Ravenswood Chamber of Commerce
  • Cross-Train Your Team for Better Outcomes
  • Take Time to Evaluate Your Events
  • 3 Questions to Ask If You Hope to Grow Your Membership
  • 8 Tips For Leading Productive Meetings
  • Boost Your Daily Productivity
  • How to Keep Your Visuals On-Brand
  • Strategies for Membership Based Associations to Flourish in Face-to-Face Interactions
  • SPONSORSHIP 101: Growing Nonprofit Revenues
  • Organic Methods to Cultivate Sponsorship Leads
  • Tips for Virtual Event Success
  • Implementing Diversity, Equity & Inclusion at Your Nonprofit
  • Never Overlook the Value of Gratitude
  • How to Secure Mega Sponsorships For Your Fundraising Event!
  • Best Practices For Nonprofit Management
  • Big Buzz Idea Group Launches Additional Services
  • New Year’s Resolutions for Board Members
  • Innovative Approach to Volunteer Recruitment
  • SPONSORSHIP 101: Growing Nonprofit Revenues
  • 5 Reasons to Outsource Instead of Rely on Volunteers
  • Our Top Five Free Online Tools for Nonprofit Management Teams
  • Cancelling or Postponing Your Events in Light of COVID-19
  • Big Buzz Has COVID-19 Resources For You!
  • Lessons Learned in Nonprofit Management
  • Nonprofit Hiring: Best Practices for Building Your Team in 2024
  • Outsourcing: The Only Solution To Staffing Shortages
  • Should You Ever Cover Board Member Expenses?
  • Securing Help from Your Board: Are You Ready?
  • Navigating Uncertainty: How Nonprofits Can Protect Funding and Advocate for Change
  • Gen Z is the Next Wave of Donors—How Can Nonprofits Engage Them?
  • The Hidden Costs Behind Your Fundraiser
  • Why Nonprofits Need to Evaluate Their Budgets Every Year
  • Does Your Mission Have a Compelling Voice?
  • SPONSORSHIP 101: To Package or Not to Package
  • Post-Pandemic Event Lessons
  • How to Rewire Your Brain with Positive Thinking
  • Conference Call Hero – 6 Tips to Master the Art of Video and Audio Conferencing
  • 6 Tips for Cultivating Gratitude in the Workplace
  • Keep Your Mission in Mind to Maximize Results
  • Please Send a Hi-res Copy of Your Logo
  • Melissa Lagowski Named Faculty Member at Institute for Organization Management
  • Virtual Fundraising: 18 Ideas for Nonprofit Revenue
  • Grateful for Nonprofit Leaders
  • How Big Is Your Fire?
  • Cyber Security: How To Protect Yourself In Today’s “Connected” World
  • Tips for Nonprofit Success
  • Four Step Process to Building Better Buy-In
  • DIY Event Photos
  • Should Sponsorships Include Membership Dues?
  • 4 Productivity Tips to Elevate Your Nonprofit
  • Why Identifying and Communicating Your Core Values Is Important
  • Promotion Ideas to Benefit Your Nonprofit – Part I
  • Navigating Nonprofit Finances: How to Effectively Manage Your Bookkeeper
  • 6 Tips for Recruiting Ideal Board Members
  • Life After COVID-19: Next Steps for Your Nonprofit
  • 3 Tips For Maintaining Your NPO’s Digital Assets
  • Leveraging AI For Time Management
  • 2020: A Lesson in Gratitude
  • Fresh Funding Ideas Are Blooming
  • Celebrate You and Avoid Nonprofit Burnout
  • Interim Directors Provide Strength in Times of Transition
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  • Fostering Board Engagement in Virtual Times
  • Clearer Communication Is the Secret to Better Outcomes
  • Engage Your Board – Start with Recruiting and End with A High-Performance Culture
  • Board Nominating: A Better Way
  • Goal-Setting For Successful Events
  • Tips For Meaningful #GivingTuesday Follow-Up
  • Mastering Client Expectations: 6 Essential Tips for Success
  • These Red Flags Scream That You Need a New Bookkeeper
  • Client Spotlight: Cyberjutsu
  • How to Manage Your Organization During an Election Year Without Violating Your Nonprofit Status
  • What’s Your Nonprofit’s First Impression?
  • The Keys to Presenting Your Nonprofit Online
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  • 11 Tips to Make Your Newsletter More Readable
  • Leveraging E-Newsletters For Nonprofit Growth
  • Put Some Zing in Your Zoom (Or Any Other Virtual Meeting)
  • Making a Case for Strategic Planning
  • Time to Assess Your Year-End Campaigns
  • How To Secure More Donor Dollars
  • Are You Leaving Money On The Table?
  • 9 Lessons Learned from Our First Virtual Conference
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  • 3 Reasons Why Your Organization Should Use Canva
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  • Transparency and Nonprofit Organizations
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  • Four Pillars to Attracting and Retaining Ideal Employees
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  • A Job Gone Wrong
  • Team Culture Exists Beyond the Office Walls
  • Networking for Personal and Professional Growth
  • Client Spotlight: Center for Changing Lives

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  • info@bigbuzzideagroup.com

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