Goldin Group CPAs

07/13/2026

In our Hidden Costs of Nonprofit Finance series, we’re looking at how operational inefficiencies create real financial consequences.

Some costs show up on invoices. Others show up in staff capacity, turnover, delayed reporting, and lost productivity — and those are often the most expensive.

Today’s focus: burnout as a financial issue.

Burnout is not just an HR challenge. When finance teams are weighed down by manual processes, unclear workflows, disconnected systems, and recurring last-minute requests, the organization pays for it in multiple ways:

💼 Turnover and hiring costs
📉 Reduced productivity
📚 Lost institutional knowledge
⏳ Delayed reporting, grant work, and decision-making

Replacing a single finance role can cost tens of thousands of dollars. But the disruption that follows — missed deadlines, slower closes, weaker reporting, and lost continuity — can be even more costly.

For nonprofits, improving internal systems is not just about efficiency.

It is about protecting staff capacity, strengthening continuity, and building a more sustainable finance function.

07/03/2026

🇺🇸 Wishing everyone a Happy Fourth of July tomorrow! 🇺🇸

As we head into the holiday weekend, we hope you have the opportunity to relax, celebrate, and enjoy time with family and friends.

From all of us at Goldin Group, thank you to our clients, nonprofit organizations, businesses, and community partners for the opportunity to serve you. We wish you a safe and enjoyable Independence Day!

06/29/2026

Continuing our Nonprofit Numbers Explained series, we’re unpacking another metric that’s often oversimplified: reserves.

Nonprofits frequently hear that they “need six months of reserves,” but the right level is highly context-dependent. It varies based on:

💸 How volatile or concentrated your funding sources are
📅 Seasonality and timing of revenue
🏛️ Reliance on reimbursement-based or government contracts
🎯 Your mission, program model, and fixed cost structure

Some organizations can operate safely with three months of reserves; others need twelve. What matters is that your reserve strategy reflects your actual risk profile and cash cycle.

Goldin Group works with nonprofits to design reserve policies that match reality, not rules of thumb.

Follow along to see what’s next in this series.

06/22/2026

Happy Father’s Day. Today, we celebrate the fathers and father figures who lead with dedication, support, and resilience, both at home and in the communities they help strengthen every day.

At Goldin Group, we’re grateful for the many fathers on our team, among our clients, and throughout the nonprofit sector who balance leadership, service, and family with care and commitment.

Wishing a wonderful Father’s Day to all who are celebrating today.

06/15/2026

🌟 Meet Svitlana Kernizan, Tax Lead 🌟

Svitlana, also known as Lana, joined Goldin Group in 2021 and brings more than 14 years of experience serving both corporate and nonprofit clients. As Tax Lead, she oversees client tax filings and provides strategic tax planning support, helping organizations navigate complex compliance and financial planning needs with confidence.

Lana is a licensed CPA and a graduate of the National Aerospace University – “Kharkiv Aviation Institute,” where she earned her degree in Accounting and Finance. She is known for her expertise, attention to detail, and thoughtful approach to client service.

Outside of work, Lana enjoys gardening, reading, and spending time with her family.

Stay tuned as we continue spotlighting the team behind Goldin Group’s commitment to excellence!

06/08/2026

Nonprofits need more than accurate financial records. They need financial systems that make their work easier, reporting that supports better decisions, and advisors who understand the complexity of nonprofit operations.

At Goldin Group, we combine deep nonprofit accounting expertise with technology-forward financial management to help organizations build stronger, more scalable finance functions.

Our team helps nonprofits build finance functions that are accurate, efficient, and built to scale. Through outsourced accounting, tax services, Controller-level support, and CFO advisory, we support the systems, reporting, compliance, and strategic planning that nonprofit leaders rely on every day. We also help organizations create and maintain a state of the art financial tech stack creating a more integrated financial infrastructure for smarter decision-making.

The goal is not just to keep the books clean. It is to help nonprofit leaders access timely, useful financial information so they can manage funding, make strategic decisions, and focus more of their energy on advancing their mission.

Learn more about how Goldin Group supports nonprofits 👉 https://goldingroupcpas.com

06/01/2026

Most nonprofits already have internal controls for finances. But what about AI?

As AI becomes embedded into daily operations, a new governance challenge is emerging. Staff are using AI tools to draft communications, analyze information, summarize documents, and support decision-making, often without formal policies, oversight, or organizational standards.

The question is no longer whether nonprofits will use AI. The question is whether they have the governance structure to use it responsibly.

In our latest article, we explore some of the key questions nonprofit leaders should be asking as AI adoption continues to grow:

🛡️ How should organizations manage AI risk?

🔒 What policies should be in place to protect sensitive data?

👥 What role should leadership and boards play in AI oversight?

📈 How can nonprofits leverage AI while maintaining accountability and trust?

Organizations that establish clear AI governance today will be better positioned to reduce risk, strengthen consistency, and build trust as AI adoption continues to accelerate.

Read our full article here👉

Artificial intelligence has moved from novelty to daily reality in nonprofit organizations. Staff are using tools like ChatGPT, Claude, Gemini, and Copilot to

05/18/2026

We are honored to share that Goldin Group has been recognized on the 2026 Forbes Best-In-State CPAs list.

This recognition reflects our team’s continued commitment to providing trusted financial guidance, high-quality client service, and specialized expertise to the nonprofit communities we serve.

We are grateful to our clients, partners, and team members whose trust, collaboration, and support make achievements like this possible.

Thank you for being part of our journey as we continue helping organizations strengthen their financial operations and plan confidently for the future.

05/10/2026

Today, we celebrate the mothers and mother figures who lead with strength, care, and resilience, both at home and in the communities they help build.

Across the nonprofit sector and beyond, so many amazing women balance leadership, service, and family, creating impact that extends far beyond what can be measured.

At Goldin Group, we’re grateful for the dedication, perspective, and leadership that mothers bring to the organizations we serve and to our own team.

Wishing a wonderful day to all who are celebrating.

05/05/2026

Grant invoicing is not just an administrative task — it is a core part of nonprofit financial management.

On paper, the process sounds straightforward: track expenses, compile documentation, submit the invoice, and receive reimbursement.

In practice, grant invoicing is one of the most system-dependent and compliance-sensitive areas of nonprofit finance. Without the right reporting structure, documentation process, and real-time visibility into grant spending, small breakdowns can create significant financial and operational consequences.

In our latest article, we walk through three real-world nonprofit scenarios where grant invoicing challenges contributed to:
💸 Returned grant funds
📉 Limited visibility into available funding
⏳ Delayed reimbursements and cash flow pressure

In each case, the issue was not a lack of effort. It was a lack of financial infrastructure — including systems, processes, reporting, and timely visibility into how grant funds were being spent.

The common thread: the organizations were tracking activity, but they did not have a clear, real-time view of grant funding, budget availability, and reimbursement status.

At Goldin Group, we help nonprofits build the financial systems and processes needed to manage grant budgets, track restricted funds, strengthen documentation, and submit accurate, timely grant invoices with confidence.

For organizations that rely on grant funding, strong grant invoicing practices are essential to protecting cash flow, maintaining compliance, and maximizing available resources.
Read the full blog👉

Read our real-world examples of grant invoicing mistakes in nonprofits: missed tracking, poor documentation, weak systems — & how to fix them.