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4 Key Components of a Successful Online Fundraising Store

NonProfit Leadership Alliance

While those methods work for some organizations, digital-first strategies can cut complicated logistics and open your fundraiser up to non-local supporters. To find the right price point for items and maximize fundraising profits, strike a balance between affordability and return on investment (ROI).

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Getting Federal Money to Communities: A Story from Puerto Rico

NonProfit Quarterly

Image credit: Christian Ouellet on istock.com Financing challenges often stymie nonprofits. The lack of access to financing [meant that the grant] nearly destroyed the organization. Their mission reflects a broader housing system trend: organizations like CRH provide more affordable housing than for-profit entities.

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The Finance Committee and Nonprofit Financial Management Tips

The Charity CFO

Your finance committee spends the most time analyzing and studying your nonprofit’s numbers, yet your entire board of directors is responsible for financial oversight. Doing so helps you ensure your team truly understands your finances and can help you do your job more effectively. Activate the Finance Committee.

Finance 52
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Understanding Functional Expenses for Nonprofits

The Charity CFO

Functional expense reporting confuses many first-time nonprofit bookkeepers and executives. But, because most for-profit companies don’t track functional expenses, they’re just not familiar with it. But it is need-to-know-information in the nonprofit world. But it’s not because it’s complicated.

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5 Nonprofit Cash Management Statistics & Trends for 2024

Top Nonprofits

Managing your nonprofit’s finances is about more than just raising money and recording what you earn and spend. This means it’s crucial not only to manage your organization’s reserve funds well but also to stay aware of the current financial best practices and trends in the nonprofit sector. Share This Post!

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501(c)(3) Checklist: Preparing for Nonprofit Status

Top Nonprofits

This means that if you host a fundraising event, sell products, or charge registration fees for events to raise money for your organization without registering, you’ll be considered non-compliant. Establish internal controls to protect your nonprofit’s finances and ensure the responsible use of donations.

Finance 52
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1099 Best Practices for Your Nonprofit

The Charity CFO

Is your nonprofit using 1099 best practices? Nonprofits rely on the generosity of donors and volunteers to support their mission and achieve their goals. But, just like for-profit businesses, nonprofit organizations must also navigate complex tax laws and regulations to remain compliant. Total non-employee compensation.