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 [...]
How to Manage Your Arts and Cultural Nonprofit’s Revenue Streams in Uncertain Times
The last few years have been exceptionally hard for arts and cultural nonprofits. Just as organizations started to see patrons [...]
Finance Best Practices for Your Grantmaking Organization
As a grantmaker, you expect organizations you support to manage their awards effectively, accurately, and responsibly. Those same expectations should [...]
5 Steps to Strengthen Your Grantmaking Organization’s Data Governance
A grant management system is no place for your garbage. And yet, many grantmakers leave duplicate records, incomplete contacts, and [...]
Don’t Let Staff Turnover Affect Your Grantmaking Data Quality
Working in the nonprofit sector is hard. You and your grantees are driven by a passion for your mission that [...]
