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How to Evaluate a New Revenue Stream

sgEngage

Finance teams can help their nonprofit organizations evaluate new revenue streams, enhancing the organizations stability and mitigating risk while intentionally experimenting with varied income sources. Verify Feasibility Once you confirm that the opportunity aligns with your mission, evaluate the feasibility of launching it.

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Your Foundation Grant Report Is Due, But You’re Short On Your Goals. Now What?

Bloomerang

Development professionals and grant writers find themselves facing a reporting deadline with the realization that for one reason or another, the originally stated goals have not been met. Evaluate – Take the time to gather all relevant parties and think critically about the problem. A sense of dread begins to set in.

Grant 103
professionals

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Financial Reviews vs. Financial Audits: Making the Right Choice for Your Nonprofit

sgEngage

A review wont have a formal opinion from the CPA and doesnt dig into individual transactions or internal controls. But because the process isnt as in-depth as an audit, it doesnt require as much time from your team or your management to review and respond to the report. What is an Annual Financial Audit?

Review 82
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How Gen Z uses the internet to self diagnose and get help

Mashable Tech

A new survey and report from the Made of Millions Foundation, a nonprofit mental health advocacy organization, found that only a small fraction of Gen Z youth relies solely on the internet to interpret their symptoms and make their own conclusions about a diagnosis or disorder. She also advises people to vet the influencers they follow.

Internet 140
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Is It Time for Your Nonprofit or School to Make a CRM Change?

sgEngage

Does your team have the time and technical aptitude to evaluate and learn a new system? You cant make your decision solely on feelings, but it is helpful to think through how your team might respond, hear their concerns, and prepare internally for a system shift. Save budget talks for the evaluation phase. What about reports?

Change 105
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Finance: AMA Pushes For Charity Care Accountability

The NonProfit Times

According to a report by the Lown Institute , 80 percent of nonprofit hospitals give back less to their communities than they receive in tax breaks. This results in billions of dollars of tax savings annually on the condition hospitals provide charity care and other community services.

Charity 94
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The Ultimate Guide to Accounting Software for Nonprofits

Nonprofit Tech for Good

Almost all organizations produce some sort of annual financial reporting, but it’s may not always be public information. Donors and grantors both expect detailed reporting and deep financial transparency from nonprofit organizations. Raising funds and winning grants is difficult and requires significant staff time and resources.

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