Blog
Tag: Portland
Best Practices in Nonprofit Cost Allocation Methodologies
One of the most complicated elements of managing a non-profit organization’s finances is allocating administrative-related expenses. These are expenses that cannot be specifically assignable to…
My Journey as an Accidental Entrepreneur
Like a lot of small business owners, I never expected to own a business. I didn’t think that I had an entrepreneurial bone in my…
Does a Not-for-Profit Need a 501(c)(4)?
There are 1.2 million public charities in the United States. Public charities are only one of 29 types of nonprofit organizations recognized by the tax code. Next…
Accounting and Reporting for Stock Gift Donations to Nonprofits
Last week I shared an overview about recording non-cash gifts and the opportunity for a nonprofit organization to accurately present the types and value of…
In-Kind Donations Accounting and Reporting for Nonprofits
Most non-profit organizations rely on gifts from other businesses and the public at large to achieve their goals. These come in the form of both…
Crossing the Finish Line: “Winners” of the World’s Best Mountain Bike Race (A True Story)
After a year of strategizing, planning, training and stress, my wife, Heather and I participated in the one-of-a-kind 7-day BC Bike Race in beautiful British…
This is Us: Todd Kimball and the Impossible House Remodel
After purchasing three homes in Portland in the past 15 years, I have come to a firm conclusion that houses choose us! Not in some…
How Does a CFO Manage & Mitigate Risk?
Risk comes from not knowing what you’re doing. – Warren Buffett One of the pillars of a CFO’s responsibilities is risk management. From overall financial…
Attention Owners, CFOs & Controllers: Is Your Trusted Bookkeeper Stealing?
There are professions that most people would consider trustworthy. Doctors & nurses, firefighters, and teachers all come to mind. How about accountants? Do you trust…
Employee Fraud Factor #3: Rationalization
This is Part 3 of a series on the causes of a perfect employee fraud scenario. Read “Employee Fraud Factor #1: Pressure” here, and “Employee…