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What Are 7 Common Nonprofit Startup Costs?

GrantNews

” (fundraisingIP.com 2023) Once you’ve completed your state filing, you must then submit IRS ‘Form 1023’ to be granted tax-exempt status. Nonprofit Insurance Many nonprofits purchase nonprofit insurance when starting their organization. Make sure you remember to include this step in your planning!

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How to Improve On-Time Tuition Payments

Blackbaud

In its 2023–2024 Trendbook, the National Association of Independent Schools (NAIS) estimates that net tuition revenue—tuition minus financial aid—makes up 79% of independent schools’ income. According to the Education Data Initiative , the 2023–24 average U.S. Funds are placed in FDIC-insured custodial accounts.

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Health Nonprofits Spending Millions Lobbying

The NonProfit Times

Four nonprofit healthcare organizations were the top spenders when it came to lobbying Congress for healthcare policy changes. Bankruptcy filings increased during 10 consecutive quarters, hitting a high during the third quarter of 2023. In 2023, 79 cases were filed, while 2024 is projected to be 58 cases. million and $2.7

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

So many nonprofits found 2023 to be particularly stressful. Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Tip 1: If you have an operating reserve, review your policy.

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Are you ready to age while working in academia?

Seliger + Associates Grant Writing

Time is now seen as an invaluable commodity ( Stolzoff , 2023). The trade-off between individual and economic benefits also came to light in government policies around who was labeled an essential worker (and, later, who received work from home privileges and who did not). Navigating policies in any workplace can be challenging.

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Drive Your Nonprofit’s Mission by Investing in Your People

Blue Avocado

To that end, Connected Lane County provides 100% employer-sponsored health, dental, and vision insurance for our employees and whoever they enroll. Rethink personnel policies and practices. Our organization ranked as one of Oregon’s 100 Best Nonprofits to Work For in 2023. Assess benefits, including retirement.

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