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3 Signs Your Organization Needs a Nonprofit Accounting System

Blackbaud

When your nonprofit is just getting started, your budget for an accounting system is likely very close to $0. And this data rolls up into your organizational budget to give you a holistic view of your finances. It may be time to look for a fund accounting system with subfund capabilities when you notice these three signs.

Finance 105
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How to Develop Your Nonprofit Operating Reserves

Blackbaud

Find the Right Number for Your Nonprofit Operating Reserves The Nonprofit Operating Reserves Initiative (NORI) Workgroup suggests that the minimum operating reserve ratio at the lowest point during the year should be 25 percent, or about three months of the annual operating expense budget. However, this is not a universal benchmark.

Contracts 103
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Does your nonprofit mission statement drive donations?

Candid

from 2016–2018 and added a number of financial metrics to the spreadsheet. If your organization’s annual budget is less than $1 million, make the tone of your mission statement as positive as possible. We also downloaded their IRS Form 990s?from

Donation 137
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Ep182: Starbucks Launches New Cause Content Platform Upstanders

Selfish Giving

What's the takeaway for an organization that has the desire but not the unlimited budget and resources? How could nonprofits "Causejack" Upstanders ? How Starbucks is determined to create a movement around Upstanders. Movement-building campaigns are critical to brands.

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Future-proof your fundraising: 3 ways to thrive long-term

Ann Green's Nonprofit

Let’s explore some forward-thinking and (perhaps surprisingly) accessible ways for small nonprofits to drive sustained success and reduce the need for constant cost-cutting and budget anxiety. Patrick Schmitt and fellow co-CEO Jenny Xia founded FreeWill at Stanford University’s Graduate School of Business in 2016.

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Building Your Grantseeking Program: Setting Measurable Objectives

Tech Soup

Does my budget, location, or mission affect my organization's ability to be awarded grants? The answers to those questions vary — sometimes dramatically — by annual budget and mission focus. Eighty-five percent of respondents to the survey applied for grant funding during the last six months of 2016.

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Why is leadership aspiration down among BIPOC nonprofit staff? 

Candid

Based on a 2022 survey of more than 3,000 nonprofit staff, The Push and Pull: Declining Interest in Nonprofit Leadership found that fewer respondents said they aspired to lead than in 2016 and 2019. These findings raise real concerns about the future of leadership in the sector.