Sutro Li

09/23/2025

Is your Form 990 helping or hurting your nonprofit's mission?

𝗠𝗮𝗷𝗼𝗿 𝗱𝗼𝗻𝗼𝗿𝘀 𝗿𝗲𝘃𝗶𝗲𝘄 𝟵𝟵𝟬𝘀 𝗯𝗲𝗳𝗼𝗿𝗲 𝗺𝗮𝗸𝗶𝗻𝗴 𝗴𝗶𝗳𝘁𝘀. 𝗖𝗵𝗮𝗿𝗶𝘁𝘆 𝘄𝗮𝘁𝗰𝗵𝗱𝗼𝗴𝘀 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗲 𝗽𝘂𝗯𝗹𝗶𝗰 𝗿𝗮𝘁𝗶𝗻𝗴𝘀 𝗯𝗮𝘀𝗲𝗱 𝗼𝗻 𝘆𝗼𝘂𝗿 𝗳𝗶𝗹𝗶𝗻𝗴.

Incomplete data and red flags can divert thousands in donations to other nonprofits.

Common Pitfalls:
☑️ Tracking restricted funds in spreadsheets? You're risking over-releases that force program cuts
☑️ Executive comp now under federal review—proper documentation protects your 501(c)(3) status
☑️ Renting from a board member? Document fair market value or face penalty taxes

Get the Guide to Demystifying the Form 990 at https://www.sutroli.com/blog-content/demystifying-form-990-guide-for-nonprofit-finance

Nonprofit accounting basics - Form 990 explained: Learn the importance of the Form 990 and how to complete it: expense allocation, donor reporting rules, and compliance tips.

08/20/2025

"𝘞𝘦 𝘩𝘢𝘷𝘦 𝘭𝘦𝘴𝘴 𝘵𝘩𝘢𝘯 3 𝘮𝘰𝘯𝘵𝘩𝘴 𝘰𝘧 𝘤𝘢𝘴𝘩 𝘰𝘯 𝘩𝘢𝘯𝘥."

If this sounds familiar, you need a plan—fast.

After navigating financial challenges with hundreds of nonprofits, we've identified 5 critical steps that make the difference between crisis and stability:

1️⃣ Know what you have to spend (restricted vs unrestricted matters)
2️⃣ Cut costs without cutting impact
3️⃣ Create new revenue from existing expertise
4️⃣ Communicate reality to your board and team
5️⃣ Act NOW, not when it's too late

The best nonprofits face financial reality head-on and make strategic moves early.

Get the full breakdown and action steps: https://www.sutroli.com/blog-content/nonprofit-accounting-cash-crisis

Critical nonprofit accounting guide for organizations in financial crisis. Discover proven cash flow management techniques, cost-cutting strategies, and revenue solutions when reserves run low.

07/17/2025

Nonprofit Compliance 101: Must-Dos, Pitfalls & Action Steps

Effective compliance management directly impacts your ability to:
✔️ Protect your tax-exempt status
✔️ Maintain public trust and credibility
✔️ Meet donor and grant requirements
✔️ Avoid costly penalties
✔️ Provide transparency into financial health

We break down nonprofit compliance in plain English:
• Annual audits, 990s, and state filings
• Why compliance is critical for growth
• Pitfalls to watch out for
• Must-do action items

Bonus: Download our editable compliance calendar template to stay ahead of key deadlines 📆

Don't let compliance concerns hold you back. Check out the blog for practical guidance and expert tips.
https://www.sutroli.com/blog-content/nonprofit-compliance-101

Master nonprofit accounting and compliance essentials: annual audits, 990s & state filings. Avoid costly penalties & protect your 501(c)(3) status. Get expert tips & a customizable compliance calendar. Read our guide for growing nonprofits.

06/04/2025

Only 15% of nonprofit leaders felt well prepared for the turbulent times ahead - according to 200 nonprofit execs at our recent webinar.

Don't navigate this challenging landscape alone. Our "Resilience Roadmap" provides actionable steps to help you build immediate resilience and long-term sustainability:

Your Resilience Roadmap:
1. Focus on the mission
2. Manage cash flow
3. Reimagine your revenue
4. Unlock untapped assets
5. Mobilize your team
6. Communicate. It’s your crisis shield
7. Explore strategic collaborations
8. Legal Matters: Protect your mission
9. Button-up internal controls

Lean on your advisors and take consistent action to fortify your organization. Get the Resilience Roadmap: https://www.sutroli.com/blog-content/nonprofit-accounting-strategies-resilience-roadmap

9 Essential Focus Areas from Nonprofit Accounting to Strategy for Resilience and Impact. Manage cash flow, diversify revenue, and build financial stability with this expert guide. Discover actionable insights to help your organization navigate challenges and secure a thriving future. Boost your nonp

05/20/2025

Nonprofit leaders, the legal landscape for 501(c)(3) organizations has become increasingly complex and challenging. Our latest guide, "501(c)(3) Status Under Siege," examines the legal complexities, and Trump-era policies. We also share practical strategies to help you protect your organization's tax-exempt status.

Disclaimer : The information provided on this page is for informational purposes only and should not be construed as legal advice. It has been compiled using AI tools, along with supporting citations from authoritative sources, and is not authored by attorneys. We recommend consulting a legal profes

04/14/2025

𝟱𝟲% 𝗼𝗳 𝗻𝗼𝗻𝗽𝗿𝗼𝗳𝗶𝘁𝘀 𝗵𝗮𝘃𝗲 𝗹𝗲𝘀𝘀 𝘁𝗵𝗮𝗻 𝟲 𝗺𝗼𝗻𝘁𝗵𝘀 𝗼𝗳 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗰𝗮𝘀𝗵 𝗼𝗻 𝗵𝗮𝗻𝗱 - according to 200 nonprofit execs at our recent webinar

If that's you, don't panic—but do act.

5 actions for stronger cash flow:

1. 𝗔𝘀𝘀𝗲𝘀𝘀 𝘁𝗵𝗲 𝘁𝗶𝗺𝗲𝗹𝗶𝗻𝗲: Short-term crunch or long-term challenge?
2. 𝗥𝗲𝗮𝗹𝗶𝗴𝗻 𝗿𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀: Shift to high-impact programs, don't just cut
3. 𝗥𝗶𝗴𝗵𝘁-𝘀𝗶𝘇𝗲 𝘀𝘁𝗮𝗳𝗳: Tough choices for stability
4. 𝗘𝗻𝗴𝗮𝗴𝗲 𝘆𝗼𝘂𝗿 𝗯𝗼𝗮𝗿𝗱: Develop "what-if" scenarios
5. 𝗕𝘂𝗶𝗹𝗱 𝘆𝗼𝘂𝗿 𝗻𝗲𝘁𝘄𝗼𝗿𝗸: Connect with peers who've been there

𝗕𝗼𝘁𝘁𝗼𝗺 𝗟𝗶𝗻𝗲: Your mission is too important to leave financial resilience to chance.

𝗚𝗼 𝗱𝗲𝗲𝗽𝗲𝗿: Check out our full guide here: https://www.sutroli.com/blog-content/nonprofit-accounting-cash-flow-solutions

Like if this resonates, follow for more nonprofit strategies. We're in this together.

Master nonprofit accounting and cash flow. Learn 5 actionable tactics to boost financial health, optimize staffing, and amplify your mission. Sutro Li's expert guide for nonprofits.

03/18/2025

Nonprofit leaders: How prepared are you for the changing political and economic environment?

Join Sutro Li and Withum for practical advice on:
• Current landscape impacts on nonprofit funding
• Cash flow management in challenging times
• Building organizational resilience
• M&A as a strategic option
• Accessing expert advice and support

Register today: https://www.withum.com/events/nonprofit-resilience-a-roadmap-for-nonprofit-success-in-uncertain-times/?utm_source=sutro-li&utm_medium=referral&utm_campaign=nfp&utm_content=resilience%20roadmap

11/25/2024

New Blog Post - Reconciling Nonprofit Development and Finance Numbers:

If you've ever felt the tension between finance and development teams in a nonprofit, you're not alone. But why does this gap exist in the first place? Let's break it down in simple terms and get you ready to ace that next board meeting.

If you've ever felt the tension between finance and development teams in a nonprofit, you're not alone. But why does this gap exist in the first place? Let's break it down in simple terms and get you ready to ace that next board meeting.

11/05/2024

Nonprofit leaders: How much time do you lose reconciling finance and development numbers before board meetings? Sutro Li has partnered up with Withum to share how to:

Resolve the discrepancies quickly
Communicate the differences to the board
Create internal controls and processes to keep teams aligned

Register today for the Nov. 13 webinar. https://shorturl.at/w524C

10/25/2024

Is your team spending hours trying to reconcile development and finance numbers before every board meeting? It's frustrating. We get it.

Sutro Li has partnered up with Withum to share best practices for quickly aligning your finance and development reports so you can focus on more important priorities. Join us on Nov. 13.

Register today: https://www.withum.com/events/best-practices-reconciling-nonprofit-development-and-finance-numbers/?utm_source=sutro-li&utm_medium=referral&utm_campaign=nfp-utm_content=nfp-dev-best-practices

07/17/2024

Has your nonprofit just closed its fiscal year? Next up: the audit. Check out 7 essential action items to wrap up your close and get you audit-ready.

If your nonprofit's fiscal year ends in June, we've got you covered. We know it can be a little daunting, so we've created a checklist for the essential tasks to keep you on track in the months before and after your fiscal year ends. At Sutro Li, we understand that behind every financial need is a h

06/20/2024

New Website. Same Mission.
As an accounting firm focused on serving nonprofit organizations, our mission is to make the world a better place one great cause at a time.
Check out the new Sutroli.com and reach out if we can support your mission.

At Sutro Li, we serve nonprofits with heart and expertise. Our mission as an accounting firm for nonprofits: To make the world a better place by empowering one great cause at a time. Explore our website at Sutroli.com and let us know how we can support your mission.