Planning for Uncertainty: What Federally Funded Organizations Can Do Now and Be Prepared for Next
Federal funding is a critical source of revenue for many nonprofits, healthcare foundations, higher education institutions, and other organizations. Changes [...]
Best Practices for Mitigating Fraud in Not-for-Profit Organizations
An estimated $557 billion was donated by individuals, foundations, and corporations to charities in the United States in 2023. Regardless [...]
Don’t Make These Common Mistakes When Filing Your Form 990
Your tax-exempt status may keep you from having to file traditional tax returns, but maintaining the designation comes with its [...]
Building an Effective Partner Ecosystem for Your Grant Management System
Data visualization. Document signatures. Fund accounting. Gone are the days when each of those systems required a different login and [...]
How to Evaluate a New Revenue Stream
You see the writing on the wall. Your revenue is overly dependent on a handful of major donors or a [...]
Operating Reserves as a Key Indicator of Financial Health
Just as the gauges on a car’s dashboard provide crucial information about its performance and physical condition, operating reserves serve [...]
3 Signs Your Organization Needs a Nonprofit Accounting System
When your nonprofit is just getting started, your budget for an accounting system is likely very close to $0. Those [...]
Ensuring Continuity: Succession Planning Strategies for Nonprofit Finance Teams
Nonprofit organizations have been experiencing significant labor shortages for years. But recently, increased demand for services and fewer people interested [...]
Building Resilient Funding Models: Essential Tips for Nonprofit Finance Professionals
Finance plays a crucial role in building a sustainable and scalable funding strategy. By actively bringing together different departments and [...]
Artificial Intelligence Policies for Grantmakers: 5 Essentials for Risk Management
Grantmakers are increasingly using artificial intelligence tools such as ChatGPT or Microsoft Copilot to improve productivity and inspire new levels [...]
