Nonprofit Marketing Insights by GlobalOwls

JUNE 10, 2024

FAQ What Is a Nonprofit Team? A nonprofit team is a group of individuals working together within a nonprofit organization to achieve its mission and goals. What Roles Are Common in a Nonprofit Team? What Are the Different Types of Nonprofit Organizations?

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Get Fully Funded

OCTOBER 26, 2022

The following checklist covers the basics of everything you need to get funded , become official, and stay organized: Define your nonprofit’s mission clearly. Start earning revenue for the organization. Take steps to incorporate your nonprofit. Organize your resources. Hire a motivated team. Plan for the future.

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Finance Management Public and Nonprofit Management Nonprofits 98

NonProfit Hub

SEPTEMBER 16, 2021

However you learn best, there is a track available through Nonprofit Hub to get you the knowledge and expertise you need to grow your nonprofit mission. Square One: Taking an Idea from Concept to 501c3 Organization. Starting a nonprofit organization can be overwhelming. Why Nonprofits Need Them [BLOG].

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The Charity CFO

FEBRUARY 4, 2022

Do a Google search on nonprofit bookkeeping, and you’ll find page after page of articles on nonprofit accounting. Because while nonprofit bookkeeping and accounting are related, they’re not the same thing. Sure, you’ll find overlap between the two roles In many small organizations.

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The Charity CFO

APRIL 19, 2022

Or want to check out a nonprofit before you make a significant financial gift? Every nonprofit organization has swings in cash balances throughout the year. So if you’re looking to build trust with government grant makers, foundations, or the general public, you’d better have some cash set aside for a rainy day.

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Nonprofit Tech for Good

MAY 18, 2020

The big takeaway is that: if your nonprofit has a website, and it would be valuable for you to reach people who are Googling topics related to your work, the Google Grant is one of the most cost-effective and powerful tools available to reach your audience. Let’s make the Grant more tangible: how are real nonprofit organizations using it? .

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Nonprofit Fixer

NOVEMBER 20, 2024

When you’re busy leading a nonprofit—developing program strategies, cultivating donors, supporting staff—thinking about accounting and finance can feel like an afterthought. But to be successful, nonprofit leaders need a functional grasp of the basics of nonprofit accounting and financial management. If so, how?

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The Charity CFO

MAY 31, 2024

Let’s take a closer look at the importance of efficient bookkeeping for nonprofits, common challenges, and how you can use technology to improve the accuracy and efficiency of your accounting system. There are almost endless tools and configurations you could use to run your accounting system, so how do you choose?

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Nonprofit Tech for Good

OCTOBER 17, 2021

No matter how intuitive a system may be, there are always a few questions, tips, and tricks that a training professional can help you with so you get started on a solid foundation. An instructor virtually guides you through common nonprofit tasks and best practices on how to use your system in real time. Are they financially secure?

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The Charity CFO

JULY 19, 2024

They also help nonprofit leaders maintain compliance with legal standards and tax regulations. A Chief Financial Officer (CFO) is a senior executive in charge of the strategic direction and goal setting of a nonprofit’s accounting and financial management. So, do you need a bookkeeper, accountant, or CFO?

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Get Fully Funded

APRIL 15, 2021

You see, in business accounting, money made beyond the cost to run a business is known as a profit. The confusion is that nonprofit accounting uses a different word for the money left over beyond its expenses: surplus. Because nonprofits are not owned, there is no one to receive the hypothetical profit. It’s easy to tell.

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The Charity CFO

DECEMBER 30, 2021

Instead, an independent nonprofit audit is something you choose to build trust in your nonprofit organization. In fact, the IRS doesn’t require nonprofits to be audited, but other federal and state agencies do in some circumstances.

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The Charity CFO

JUNE 27, 2024

Leading a nonprofit organization isn’t just about passion–it’s about effective leadership. Nonprofit executive directors play an irreplaceable role in steering their organizations toward success. This guide will explore key strategies and insights to help you excel as a nonprofit executive director.

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The Charity CFO

APRIL 5, 2022

Furthermore, accrual accounting is required by Generally Accepted Accounting Principles ( GAAP ) because it gives you a more accurate picture of your organization’s fiscal situation and allows for easier side-by-side comparison with financial statements of other organizations.

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The Charity CFO

JANUARY 12, 2024

Specifically, a financial forecast , sometimes called a projection, is an estimation of an organization’s projected financial conditions based on past and current finances. Key Components of Financial Forecasts So, what are some of the key components of a financial forecast for a nonprofit organization?

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NonProfit Hub

SEPTEMBER 16, 2021

However you learn best, there is a track available through Nonprofit Hub to get you the knowledge and expertise you need to grow your nonprofit mission. Square One: Taking an Idea from Concept to 501c3 Organization. Starting a nonprofit organization can be overwhelming. Why Nonprofits Need Them [BLOG].

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The Charity CFO

AUGUST 27, 2024

The right KPIs can aid in data-based decision-making and lead to a more thorough picture of the health and stability of your nonprofit. Diversification of Revenue Formula: Revenue from Each Source / Total Revenue Revenue diversification refers to the variety of income sources that your nonprofit relies on.

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Nonprofit Megaphone

JUNE 23, 2022

Your nonprofit does what you need to do to keep the core of your finances compliant. But this is often not enough for nonprofit organizations to get the most from their finances. Considering these budgets separately takes into account some of the intricacies of nonprofit accounting like restricted funds.

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The Charity CFO

JANUARY 12, 2022

In this episode, you’ll find out: Ways for-profit companies can set up a nonprofit operation or foundation to advance their cause of choice. (4:19). The role every nonprofit founder has to own in order to grow their mission, and why that can be hard for many nonprofit leaders. (18:52). Thanks for watching.

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The Charity CFO

MARCH 16, 2022

What NEW nonprofits can do prove they’re worthy of funding . For more nonprofit accounting resources check out www.thecharitycfo.com . And for those of you that don’t know, I used to work for a nonprofit organization. Um, the corporations and the foundations see it as an investment. And much more….

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The Charity CFO

APRIL 6, 2022

For more nonprofit accounting resources check out www.thecharitycfo.com. ?? You all know based on for your previous episodes that I like to geek out on all things operational and how to make lives for those leading nonprofit organizations, much, much easier. Be sure to subscribe for new episodes every week!

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