Blue Avocado

JANUARY 31, 2022

When the pandemic hit, our nonprofit changed everything about the way we work—overnight—and spent the year testing, failing, and trying again. The post Download Spreadsheet: Forecasting Nonprofit Finances & Pivoting Programs in a Crisis appeared first on Blue Avocado.

Nonprofit Finance 77

Nonprofit Finance Finance Nonprofits Leadership 77

Marketing for the Modern Nonprofit

SEPTEMBER 5, 2024

Guest Blog by Jon Osterburg of Jitasa In recent years, “sustainability” has become a buzzword for many fields and practices, and nonprofit finances are no exception. Your organization’s leadership team has likely discussed how to create a “sustainable” funding model to fuel “sustainable” growth. Bookkeeper. Accountant.

Management 64

Management Nonprofit governance and management Finance Nonprofit Finance 64

The Charity CFO

NOVEMBER 23, 2022

Financial managers often work closely with the organization’s executive director to ensure that the organization’s financial needs are met and help drive best financial practices within the organization. They handle all payroll and accounting functions and manage investments and fundraising efforts. Why this is important.

Nonprofit Finance 52

Nonprofit Finance Finance Public and Nonprofit Management Nonprofits 52

The Charity CFO

DECEMBER 23, 2024

As a nonprofit leader, you’re constantly looking for ways to streamline operations and maximize resources. When it comes to managing your organization’s workforce, you have two primary options: traditional payroll services or a Professional Employer Organization (PEO).

Nonprofit Administration and Development 52

Nonprofit Administration and Development Law Finance Nonprofits 52

Top Nonprofits

AUGUST 22, 2022

In this guide, we’ll dive into ten common internal controls implemented by nonprofits and how they’re used to protect the organization’s finances and ensure effective financial management. This policy ensures no one can write a check that hasn’t been authorized or approved by one other member of the nonprofit.

Finance 52

Finance Nonprofit Finance Nonprofits Nonprofit Accountability 52

Stanford Social Innovation Review

SEPTEMBER 25, 2023

A minority of nonprofits have more than six months of cash in reserve, according to reports like the Nonprofit Finance Fund’s State of the Sector ; many have less than three months of operating reserves on hand. percent of annual operating expenses. million in matching operating reserve grants, generating a total of $13.2

Nonprofit governance and management 135

Nonprofit governance and management Nonprofits Health Leadership 135

Top Nonprofits

MAY 24, 2024

Effective financial management is essential for any organization. No matter your purpose, well-managed finances yield data-driven insights that allow those in financial positions to plan and achieve the organization’s goals. Your advocacy group’s leadership can also help ensure each policy aligns with compliance standards.

Finance 52

Finance Management Public and Nonprofit Management Nonprofit Accountability 52

The Charity CFO

JUNE 10, 2022

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. Income statement (Statement of Activities).

Finance 52

Finance Management Non-Profits Nonprofits 52

Bloomerang

JULY 9, 2021

7% nonprofit board engagement is not enough! Do your nonprofit’s financial reports speak to the full board? Can everyone in management engage with them and understand key information? Old, plain financial reports effectively exclude most of your leadership. . 93 percent ! That spells trouble.

Nonprofits 125

Nonprofits Management Leadership Production 125

Bloomerang

NOVEMBER 16, 2022

They will have good advice about ways to structure your nonprofit finances responsibly. Today, nonprofit leaders have access to software, like a donor database , that can help them reach their funding goals. New nonprofits sometimes think software is a luxury when it’s as important as having a Wi-Fi connection.

Nonprofits 121

Nonprofits Collaborations Recruitment Management 121

The Agitator

JUNE 13, 2013

Lean on the AFP and DMA to use their muscle on behalf of honest nonprofits and fundraisers like you. Advocate for regulations that both reflect the strategic realities of nonprofit finance and refuse to tolerate fraud. Note: Industry leadership will also boost your career!). Plenty of concrete recommendations to act upon.

Ethics 83

Ethics Voluntary Action Nonprofit governance and management Public and Nonprofit Management 83

Bloomerang

NOVEMBER 15, 2021

I’m talking about the importance of building a savings plan into your existing financial management strategy. . Tip : I’ve heard from nonprofit leaders that nonprofits shouldn’t save money in this way; they believe that money on hand should be used to fund direct services today , not secure the nonprofit’s future interests.

Nonprofit governance and management 105

Nonprofit governance and management Finance Nonprofits Retention 105

NonProfit Quarterly

JANUARY 10, 2024

The contract award, in short, was a huge win, but for CRH leadership and staff, celebration quickly turned to concern. These collaborations are a testament to the solidarity that can be fomented between nonprofits, cooperatives, financial institutions, and philanthropists. Lessons Learned What can we take from this story?

Non-Profits 124

Non-Profits Finance Collaborations Public and Nonprofit Management 124

The Charity CFO

FEBRUARY 27, 2023

How does a nonprofit manage its money? One of the most important board members for a nonprofit is the treasurer. The treasurer role encompasses a wide array of responsibilities, mainly concerning financial management and oversight. Accounting tasks are either performed in-house or are outsourced.

Finance 52

Finance Nonprofits Nonprofit Finance Management 52

Bloomerang

FEBRUARY 1, 2023

Why This Fundraising App Made Our List The Bloomerang app is designed to support donor management from wherever you are. With both nonprofit-facing and donor-facing technology, they make it easy to manage all aspects of your next event right from your phone.

Nonprofit governance and management 105

Nonprofit governance and management Fundraising Fundraising Public and Nonprofit Management 105

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.

Finance 52

Finance Nonprofit governance and management Public and Nonprofit Management Nonprofit Accountability 52

NonProfit Hub

MARCH 11, 2016

Denise McMahan is a guest contributor for Nonprofit Hub, and is the founder and publisher of CausePlanet.org where nonprofit leaders devour Page to Practice™ book summaries, author interviews and sticky applications from the must-read books they recommend. _. The leadership often thinks in terms of “Should we offer Program A or not?”

Leadership 38

Leadership Nonprofit Finance Nonprofit Capacity Finance 38

NonProfit Leadership Alliance

FEBRUARY 18, 2025

Its no secret that effective financial management is critical for nonprofits to thrive. However, many aspects of nonprofit finance can be confusing or difficult to navigate, from deciding how much of your budget to spend on overhead to choosing an accounting platform to organize your records. Did you enjoy this story?

Nonprofit governance and management 166

Nonprofit governance and management Nonprofits Nonprofit Leadership Nonprofit Accountability 166

NonProfit Quarterly

DECEMBER 11, 2024

Posters at the conference highlighted that the first OFN conference in 1985 attracted 21 community development loan funds with a combined $27 million in assets under management. Between 2014 and 2022 alone, assets under management in the CDFI sector expanded more than sevenfold. billion in assets by 2022.

Community Development 116

Community Development Finance Nonprofit governance and management Nonprofit Administration and Development 116