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Learning from peers to refine your nonprofit funding strategy

Candid

In this article, well outline a three-step process adapted from our report Finding Your Funding Strategy: Benchmarking 101 , tailored to U.S.-based Define your funding strategy peer set First, identify five to 15 organizations that resemble yours in mission, size, and geographic scope. based nonprofits.

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Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting

sgEngage

And payroll and grant reporting are two areas of your financial processes where accuracy is non-negotiable. Maintaining compliance can protect existing funding, as well. Keep reading for actionable tips to improve your allocation processes and avoid issues common to managing your nonprofit payroll and time tracking for grant reporting.

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4 Nonprofit Financial Statements and How to Create Them

sgEngage

To produce meaningful reports to help you do this, you must track all financial activity and ideally compare it to your budget, or your financial representation of what you think you’ll pursue during the year. There are four core reports, known as financial statements, that nonprofits should create to review financial data and activities.

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5 Ways to Build a Digital Community that will Transform Your Nonprofit

Nonprofit Tech for Good

Advocates may not always be able to give in-person time or money, but they help spread awareness and strengthen the cause through their online engagements. Report event outcomes. Use snippets from annual or quarterly reports to keep supporters informed. After fundraising or community events, communicate results clearly.

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Nonprofit Annual Report Writing Tips For Leaders

Eric Jacobsen Blog

Here are some tips for leaders responsible for writing an effective annual report for their nonprofit organization. Consider making these objectives for your report: To demonstrate accomplishments ( not activities ) ( results and how you did it). Are we gathering photos all year long so we have enough come time to prepare our report?

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MrBeast’s chocolate empire is making more money than his YouTube channel

Fast Company Tech

As reported by Bloomberg , Beast Industries has secured more than $450 million in funding over the past four years to fuel its businesses. In recent months, MrBeast has been in talks with investors to raise an additional $200 million, which would push the company’s valuation past $5 billion, The Verge reported last week.

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How Are You Thanking Your Donors?

NonProfit PRO

A photo update from the program they funded. When donors hear from you only when you’re asking for money, they feel like a transaction. Gratitude and Impact Let’s be clear about something: Thanking and reporting back on impact are nearly the same thing. You’re thanking them for what their money has done.