sgEngage

MAY 27, 2024

You want to document your process to save yourself valuable time next budget season. With all the spreadsheet juggling that comes with budget season, it’s easy to forget the primary goal of your organization’s budget: to gain visibility into your organization’s finances and plan for the future. Are we expecting grant revenue?

Fund 59

Fund Software Comparison Grant 59

Nonprofit Tech for Good

FEBRUARY 6, 2022

Keep reading this Ultimate Guide to Accounting Software for Nonprofits to learn what makes accounting for nonprofits unique and get tips on choosing the best accounting software for your organization. Others receive grant funding from governmental agencies, private foundations, and community funds.

Software 287

Software Guide Award Grant 287

Bloomerang

MAY 19, 2023

Grants can be a wonderful vehicle to fund a new program or expand an existing one; however, if your organization is new to the “grant world,” you may be unfamiliar with the work involved with both applying and managing grants. Is that the case with your organization? Assessing Readiness to Apply for Grants 1.

Grant 86

Grant Organization Proposal Evaluation 86

sgEngage

FEBRUARY 12, 2024

Grant-funded nonprofits know compliance isn’t a nice-to-have. If all your Ts aren’t crossed and your Is aren’t dotted on your grant reporting, your chances of repeat funding from that entity are low. When your accounting system is not built to handle restricted funding , each report can feel like a fire drill. It’s a must-have.

System 79

System Grant Chart Fund 79

sgEngage

APRIL 23, 2024

There are millions of wonderful nonprofit organizations working to make this world a better place. Even though these instances are few and far between, your grantmaking organization needs to be prepared. Encourage Grantee Internal Controls All well-run organizations have standard best practices that employees follow.

Grant 102

Grant Policy International Application 102

Greater Giving

SEPTEMBER 19, 2024

The planning document that serves as the backbone for financial sustainability—and by extension, successful growth—is your nonprofit’s annual operating budget. This resource details your organization’s predicted expenses for a given year and outlines how you’ll allocate your projected revenue to cover those costs.

Create 52

Create Stream Nonprofit Fund 52

sgEngage

AUGUST 12, 2024

You’ve got to use funds wisely, aligning with your mission and honoring donor intentions. They help your organization measure impact, follow regulations, and show donors you’re on top of the needs of your community. Here are 9 best practices to help your organization develop strong nonprofit financial management.

Practice 93

Practice Management Fund Nonprofit 93

sgEngage

JUNE 16, 2022

Without clear insight into the available funds earmarked for charitable arms of larger organizations, it’s difficult to see the complete picture of their financial standing. And it usually resides within the parent organization, making the reports harder to access on a regular basis.

Fund 80

Fund Management Cancer Foundation 80

Get Fully Funded

JULY 13, 2021

We all have our own way of doing things, but sometimes our work outgrows our organization methods. Today, work expectations are higher, there’s more to manage, and you simply must be more organized to grow a small nonprofit. Organize your projects based on stages: Tasks to do, tasks in progress, and tasks completed.

Product 124

Product Organization Doc Calendar 124

EveryAction

JUNE 19, 2017

Organizations need a structured and effective way of following their grants throughout the grant's lifecycle so they can easily manage this very important revenue stream and track these funds in the same place as major gifts and other sources of revenue. The Grant Proposal section allows users to specify the Grant Type (i.e.

Grant 100

Grant Track Gift Management 100

Bloomerang

SEPTEMBER 4, 2024

Organizations need to adapt quickly to survive, and a long-term plan often becomes a liability and burden rather than a guide and roadmap. The pitfalls of the five-year plan The allure of the five-year plan stems from an era dominated by large organizations like IBM, The Nature Conservancy, and large city governments.

Conservancy 89

Conservancy Review Goal Mind 89

sgEngage

SEPTEMBER 7, 2024

A nonprofit Statement of Activities (SOA) is a report used by nonprofit organizations to highlight their financial performance over a specific period, typically a fiscal year. While functionally similar, the terminology reflects the unique goals and nature of nonprofit organizations. What’s included in a Statement of Activities?

Activities 52

Activities Activism Active Reflection 52

sgEngage

DECEMBER 20, 2023

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Like an emergency fund for your organization, an operating reserve allows you time to make data-driven decisions instead of having to react immediately.

Foundation 91

Foundation Build Grant Fund 91

Qgiv

SEPTEMBER 2, 2024

Managing a nonprofit takes patience, hard work, and a lot of organization. Luckily, there are many nonprofit software solutions designed to meet the unique needs of your organization and help keep you and your staff from getting overwhelmed! How to use nonprofit software Top nonprofit software solutions What is nonprofit software?

Software 98

Software Effective Nonprofit Collaboration 98

The NonProfit Times

JULY 9, 2024

While grants might constitute a significant revenue stream for some organizations, relying solely on them is imprudent. Diversifying funding sources, including fundraising, in-kind donations, individual contributions, volunteers, and event sponsorships, is crucial for financial resilience. 5: Demonstrating a Track Record is Crucial.

Grant 52

Grant Process Proposal Application 52

sgEngage

AUGUST 19, 2022

But as your organization grows and changes, you also need to update your financial direction. In addition to reviewing and updating your nonprofit operating budget each year, your financial team should also regularly evaluate your process for creating that document. Update your documentation each time you review your budgeting process.

Process 96

Process Create Review Stream 96

sgEngage

JANUARY 19, 2023

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Like an emergency fund for your organization, an operating reserve allows you time to make data-driven decisions instead of having to react immediately.

Foundation 88

Foundation Build Fund Review 88

Whole Whale

AUGUST 27, 2024

Over time, it has grown into a versatile financial platform, offering a range of tools for managing transactions, tracking sales, and engaging customers. But why should your organization use Square? If your organization processes more than $250,000 annually in card transactions, you may even be eligible for a custom rate.

Donation 98

Donation Guide Nonprofit Tools 98

sgEngage

NOVEMBER 20, 2023

If your organization is still claiming tax-exempt status, you need to file your 990. 990-EZ: The short-form version is for organizations whose gross receipts were less than $200,000 and the total assets at the end of the year were less than $500,000. For example, a small organization that qualifies for a 990-N can file a 990-EZ.

Files 67

Files Fund Activities Active 67

sgEngage

APRIL 26, 2024

In recent years, relationships between nonprofit organizations and their auditors have seen positive change. Here are six best practices your nonprofit organization should adopt to increase collaboration and enhance its relationship with your audit firm.

Relationship 105

Relationship Practice Build Evaluation 105

sgEngage

JULY 24, 2024

Two key members of your organization’s financial management team are your accountant and your chief financial officer (CFO). Nonprofit Accountant Nonprofit accountants help organizations ensure financial health and stability, analyze financial data, and make decisions based on the nonprofit’s unique financial position. Let’s dive in!

Difference 78

Difference Analysis Nonprofit Files 78

Get Fully Funded

OCTOBER 26, 2022

You knew starting an organization from scratch would take lots of time and effort. In this guide, we’ll help you make sure you’re on the right track in getting your new nonprofit up and running. Start earning revenue for the organization. Organize your resources. Creating bylaws for your organization.

Management 98

Management Nonprofit Fund Files 98

Candid

MAY 13, 2024

Measuring effectiveness equitably across grantee portfolios A number of promising practices have emerged for how funder collaboratives can equitably measure impact across their full grantee portfolio: Tracking grantee characteristics across the portfolio. Tracking feedback across the portfolio to improve grantee support.

Collaboration 59

Collaboration Measure Effective Impact 59

Get Fully Funded

JUNE 5, 2023

Not only is it a mess to get accurate financial reports, you can’t get the data you need for grants which can wipe out your chances of getting grant funding. The sole purpose of a Donor Management system is to track donors, track your communication with donors, and track donation information. Again, big mess.

System 98

System Help Nonprofit Track 98

sgEngage

MARCH 7, 2024

The Statement of Activities—commonly referred to as an SOA—is one of four essential financial statements for nonprofit organizations. Without that, the SOA can misrepresent the financial health of the organization and lead to future funding issues. Engage with accounting professionals who specialize in nonprofit finance.

Activities 88

Activities Activism Active Comparison 88

sgEngage

JUNE 6, 2024

Work closely with administrators to identify reports that need to be run and the metrics to track during the campaign, which will inform your fund setup and gift entry process. Fine-tune your fund setup. It is also directly related to the fund cash flow reports your finance office depends on. Improve proposal tracking.

Database 83

Database Goal Campaign Phase 83

sgEngage

MAY 6, 2021

There’s always something that can throw your organization’s budget off track. Topics Discussed in This Episode: How COVID-19 impacted budgets and how organizations responded. The legal obligations that organizations have for using donations. Education about restricted and endowment funds. Causes of budget variance.

Podcast 99

Podcast Blackbaud Stream University 99

sgEngage

MAY 15, 2024

In early 2022, the Center for Disaster Philanthropy began an organization-wide grants change management review. These were the top three things we implemented based on our findings: Simplified our application: We cut down on the number of questions we asked by eliminating redundant ones and stuck to only what was needed for funding decisions.

Change Management 105

Change Management Disaster Change Management 105

Blue Avocado

JULY 9, 2024

” Here’s a summary of some of the best answers we received: Early Struggles with Donor Management I wish we’d been better at tracking the details on the donors sooner: How they know about our organization (knowing a board member, advisor, volunteer, intern, one or more of the above, etc.),

Tools 82

Tools Strategy Nonprofit Charity 82

Bloomerang

FEBRUARY 27, 2023

Since many nonprofits are entering this space due to increased opportunities for federal funding , they can be overwhelmed with the requirements needed to prepare a thorough application and often lack resources, systems, or knowledge about how to be most successful. Have others review the criteria to ensure you have met the mark.

Proposal 100

Proposal Award Application Grant 100

Nonprofit Tech for Good

MAY 30, 2019

It is the virtual equivalent of moving cash or a document directly from one safe to another, with each of the safe holders possessing the only key or combination to their individual safes. Much more interesting than blockchain technology itself are the ways in which nonprofits and other social sector organizations can benefit from it.

Technology 246

Technology Database Homeless Hype 246

Bloomerang

JANUARY 31, 2024

They form a powerful document informing donors about their total annual giving—a rare moment in the fundraising process. Cumulative giving statements Donors rarely know or keep track of their cumulative giving, so when you point out the total, they’re usually quite pleasantly surprised. Allow me to explain. What are tax summaries?

Summary 83

Summary Donor Calendar PDF 83

Greater Giving

AUGUST 27, 2024

While these elements are undeniably critical, the backbone of any successful nonprofit organization is its operational efficiency. Transparent, well-managed operations demonstrate to donors that the organization is capable of managing funds responsibly.

Roles 52

Roles Fundraising Nonprofit Phase 52

Candid

DECEMBER 20, 2023

After all, the only way you can fulfill your organization’s mission is if you can bring in the funding you need to support your programs and initiatives. You should also have a plan for how to effectively manage your funding, which is where your financial strategy comes into play. Administrative costs. Fundraising costs.

Build 84

Build Nonprofit Fund Goal 84

sgEngage

JANUARY 19, 2023

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Like an emergency fund for your organization, an operating reserve allows you time to make data-driven decisions instead of having to react immediately.

Foundation 52

Foundation Build Fund Review 52

Qgiv

APRIL 15, 2024

Sustainability is one of the key concerns in the fundraising world, and it’s important for your nonprofit to identify ways to find additional funding so you can continue supporting your community for a long time. Legacy gifts provide your donors an opportunity to help your organization past their own lifetime! Donor-advised funds.

Guide 52

Guide Giving Gift Donor 52

Get Fully Funded

JANUARY 16, 2024

The ins and outs of nonprofit accounting may seem overwhelming at first, but effectively recording and reporting your organization’s finances is essential to fund your mission. For now, let’s dive in with an overview of how nonprofit accounting is different from that of for-profit organizations.

Files 52

Files Policy Nonprofit Profit 52