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 [...]
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 [...]
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 [...]
Why Your Fund Accounting System Needs a Strong Partner Network
There was a time when you had to find one single solution that hopefully met the majority of your needs [...]
How Your Finance and Program Teams Can Work Together to Ensure Grant Compliance
As Winston Churchill said, with great power comes great responsibility, and nowhere is that felt more acutely than those who [...]
4 Strategies for Proactive Risk Management at Your Nonprofit
When everything is going well at your nonprofit, risk management may not seem like a priority. It’s easy to become [...]
