Blackbaud

OCTOBER 23, 2024

He was a donor to one of our charity clients and we had talked about the possibility of gifting assets to reduce or eliminate tax liability. He was facing a significant tax liability if he didn’t get this completed before the calendar rolled into January. This allowed him the complete deduction in that calendar year.

Liability 97

Liability Calendar Strategic Plan Readiness 97

Get Fully Funded

MARCH 20, 2023

When you’re just getting started, it’s critical that one of your first steps is to create your nonprofit’s first budget to help you manage both your organization and your finances as it grows. Without a budget, you can find yourself in deep water, fast, with more money going out than coming in.

Budget 98

Budget Finance Software Liability 98

Pamela Grow

OCTOBER 19, 2022

Insights to glean from this statement When you compare your nonprofit statement of activities with your budget, the line items in both the revenue and expenses sections should match up. So, the first insight that the statement of activities can show is whether your organization is on track to stick to your prepared budget for the year.

Liability 147

Liability Nonprofit Funding Budget 147

Just Write Grants

SEPTEMBER 6, 2023

Balance Sheet : Provides a quick overview of the nonprofit's financial position at a specific point in time, detailing its assets (what it owns), liabilities (what it owes), and equity (the net assets or funds available to the organization). It could align with the calendar year or follow a different period.

Finance 52

Finance Liability Organizational Budget Budget 52

Get Fully Funded

JANUARY 16, 2024

Budgeting Your nonprofit’s annual budget is a key financial planning document that guides your organization’s spending and fundraising efforts. Most nonprofits break down the revenue side of their budget by source. For most organizations, whose fiscal year follows the calendar year, that due date is May 15.

Policy 52

Policy Policies Finance Budget 52

Big Fundraising Ideas

FEBRUARY 18, 2025

Further ideas: If you have a bigger budget, invite a guest performersuch as a local musicianto perform alongside the children, drawing community members who dont have kids at theschool. Always check local regulations and consider liability insurance if hosting more significant events. mugs, T-shirts) featuring castmembers.

Fundraising 52

Fundraising Liability Insurance Donation Insurance 52

Greater Giving

DECEMBER 19, 2023

NPOInfo’s guide to nonprofit data collection explains that this information “allows nonprofits to assess cash flow, maintain financial stability, and strategize budgets for future fundraising efforts.” Financial Statements Your nonprofit tracks a lot of financial data day to day, from bank statements to donation records to purchase receipts.

Nonprofit 52

Nonprofit Strategic Plan Finance Government 52