Nonprofit Housing Case Study 2023

AIM Center Case Study 2023

Running a nonprofit organization requires
different accounting responsibilities than those
of for-profit businesses. Nonprofit organizations
handle tax payments, financial statements, and
record keeping differently then other businesses.

Nonprofit
Accounting System
Considerations
Running a nonprofit organization requires different accounting responsibilities than those of
for-profit businesses. Nonprofit organizations handle tax payments, financial statements, and
recordkeeping differently than other businesses. An important consideration in building the
finance and accounting system/department of a nonprofit is its ability to track and manage
the financial impacts of decision making through the results of outcome metrics.