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How to Develop Your Nonprofit Operating Reserves

Blackbaud

When you work for a nonprofit organization, you dont hope for a period of unexpected demand or income fluctuations. Operating reserves provide a financial cushion to help nonprofit organizations weather economic uncertainty and make stronger strategic decisions. Still not sure if an operating reserve is right for your nonprofit?

Contracts 103
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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. Those low-cost tools can be a great way to launch and gain momentum, but there comes a point for every nonprofit when the time it takes to manage your fund accounting workarounds outweighs the cost of upgrading your system.

Finance 105
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American Red Cross Sued Claiming Haitian Relief Funds Misused

The NonProfit Times

There is no merit to the Office of the Haitian Diaspora and the Haitian Diaspora Political Action Committee lawsuit regarding American Red Cross relief and recovery efforts in Haiti,” a spokesperson wrote in a statement to The NonProfit Times. The total of expenditures listed was more than $490 million.

Funding 143
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Unions and their role in the social sector

Candid

While some might not think of labor unions as part of the social sector, they are in fact 501(c)(5) nonprofits and have been included in Candid’s data tools for years. Within the tax code , unions are designated as nonprofit organizations under section 501(c)(5), a designation they share with agricultural or horticultural organizations.

Lobbying 106
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How This Nonprofit Added Four Six-Figure Event Sponsors In 18-Months [SPONSORED]

Selfish Giving

Should they pursue multi-year contracts? That was 2016. They know the landscape so well from both the for-profit and nonprofit side, and they know the questions to ask your particular organization,” said Elyse. For Elyse and her team the challenge was where to begin. Where would sponsorship package levels start?

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Creating a Culture of Fundraising and Grant Professionalism with Program Staff

Grant Professionals Association

Every nonprofit needs money, but most people are uncomfortable asking for it and would rather not go into exhaustive detail about how they spend it. We understand that most nonprofits’ critical work would be impossible without an endless stream of private and government funding. This is why fundraisers like grant professionals exist.

Grants 59
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Samaschool Uses Tech to Empower Low-Income People

Tech Soup

As the sharing and on-demand economies become more mainstream, nonprofits should be at the forefront to address or minimize the disruptions that will inevitably result. Samaschool has ambitious plans to increase its reach from 1,500 students in 2016 to 20,000 in 2018. million today to 7.6 million people in 2020.

Retail 71