A nonprofit budget is more than just an Excel sheet filled with numbers. When prepared and monitored correctly, your budget is your roadmap for planning the year’s income and expenses, and ultimately impact. Many non-numbers people shudder when they think of the annual budgeting process, but it … Read More... about Three Steps to Creating a Successful Nonprofit Budget
Main Content
Nonprofit Management & Operational Advice
Best Practices for Nonprofit Fund Accounting
For a nonprofit, accounting is very important to keep a high level of financial transparency. Nonprofits wanting to keep their tax-exempt status must keep accurate financial records which document that the funds received were used for charitable purposes. I had a chance to sit down with Michelle … Read More... about Best Practices for Nonprofit Fund Accounting
Best Practices for Compiling a Nonprofit Annual Report
Most nonprofit organizations release annual reports with the purposes of providing insight into the way their donations are used, and the impact of those donations. Of course, the ultimate goal of these reports is to maintain those existing donor relationships and encourage new donations. So how … Read More... about Best Practices for Compiling a Nonprofit Annual Report
How Can Nonprofit Boards Develop a Merger Mindset?
When companies merge or acquire, stakeholders rightly expect the whole to become greater than the sum of its parts. Unfortunately, this happens less than half the time. Not only does one plus one not equal three; too often mergers and acquisitions result in losses. A once exceptional organization … Read More... about How Can Nonprofit Boards Develop a Merger Mindset?
Four Realistic Grant Writing Tips for Small Nonprofits
When submitting a grant, it’s important to remember you have competition. You want to do everything you can to make your nonprofit standout from competitors. This can seem like a daunting task for smaller nonprofits that do not have entire departments dedicated to fundraising or full-time grant … Read More... about Four Realistic Grant Writing Tips for Small Nonprofits
Getting Products You Need for Free: How Gifts-in-Kind Organizations Make It Easy to Connect With Donors
When nonprofits think about what they need to keep their organizations running, they often think of fundraising campaigns. But what if they could get the items they need donated just by flipping through a catalog? It sounds too easy, but that’s the idea behind gifts-in-kind organizations. These … Read More... about Getting Products You Need for Free: How Gifts-in-Kind Organizations Make It Easy to Connect With Donors
Nonprofit News & Opinions
Nonprofit Marketing Resources to Help You Reach More Donors
A marketer’s job is to utilize their budget to drive as much revenue as possible, and for nonprofit marketers this need is heightened. But for the nonprofit marketer, “driving revenue” takes on a different and more delicate aspect. The goal isn’t to sell people on an expensive product they don’t … Read More ... about Nonprofit Marketing Resources to Help You Reach More Donors
How to Boost Nonprofit Board Performance
History has taught us that the prerequisites of nonprofit board success—courageous leadership, bold direction, clear goals, and a systematic approach to implementation—can also provide a recipe for disaster. The reason? Decision-makers must make choices with far-reaching consequences based on … Read More ... about How to Boost Nonprofit Board Performance
Seven Essential Steps to Creating a Winning Nonprofit Annual Report
How do you create an impactful annual report? Many nonprofit professionals struggle with this question—and it’s not hard to see why. An annual report can be a useful tool for spotlighting your organization’s recent achievements. But it’s tough to work with your colleagues to determine which … Read More ... about Seven Essential Steps to Creating a Winning Nonprofit Annual Report
Helping Nonprofits Squash Site Bugs
Whether you’re a Fortune 500 or a bootstrapping startup every legitimate company needs a website - it’s their digital storefront. Managing your company site at times can be a costly move. The constant back and forth between your team and developers isn’t easy. Imagine if you’re in the nonprofit … Read More ... about Helping Nonprofits Squash Site Bugs
Can the Nonprofit Sector Survive the Upcoming Cash Crunch?
The nonprofit sector is used to intermittent income. Individual donations and government grants rise and fall with the economy. Uncertainty is at heightened levels however, as crowdfunding for individual causes and impact investing compete for “giving” dollars. And above all of this looms the Tax … Read More ... about Can the Nonprofit Sector Survive the Upcoming Cash Crunch?
Best Practices for Annual Reports for Nonprofits
It’s time to think about your annual report! This is a great opportunity to highlight your nonprofit’s achievements, to report on the impact you’ve made, and build trust. As you start, there are a few important things to remember: 1. Connect it all to the donors Tie everything back to the donors. … Read More ... about Best Practices for Annual Reports for Nonprofits