by Pentacle-nextSteps | Apr 18, 2022 | Accounting, Financial Resources
Preparing for Tax Day An interview with Davalois Fearon In preparation for Tax Day, we talked with Davalois Fearon about her experience working with Pentacle, and how it has helped her with her taxes and gain overall financial health, especially through Fiscal...
by Pentacle-nextSteps | Mar 9, 2022 | 501(c)3, Accounting, Fundraising
Planning A Fundraising Event Event fundraising can be a great way to raise funds There are a number of ways to fundraise money for an organization or cause. One of the most collaborative ways to fundraise is by hosting an event. There are many steps to consider when...
by Pentacle-nextSteps | Jan 24, 2022 | 501(c)3, Accounting, Financial Resources
Understanding A Cash Flow Statement What is a Cash Flow Statement? A Cash Flow Statement is a financial statement that tracks the movement of a company’s cash over a selected period of time. This is an all-inclusive statement because it includes the inflow and outflow...
by Pentacle-nextSteps | Jan 13, 2022 | 501(c)3, Accounting, Financial Resources
Understanding a Balance Sheet What is a Balance Sheet? A Balance Sheet is a financial statement that summarizes the company’s assets, liabilities, and equity at a specific point in time. The Balance Sheet is an essential tool used by organizational leaders, Board of...
by Pentacle-nextSteps | Sep 3, 2021 | 501(c)3, Accounting, Financial Resources
How to create your own bookkeeping system for arts businesses Managing your organization’s finances can tend to be overwhelming. Who gave us funds for what? Who is getting paid for their services? How do I show a final report to stay compliant with the grant I...
by Pentacle-nextSteps | Aug 20, 2021 | Accounting
What is an Independent Contractor? What types of professions work as Independent Contractors? In the professional services world, we know that lawyers, doctors, accountants, and others often provide their services to the general public as independent contractors....
