Blackbaud

JANUARY 9, 2025

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.

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Contract Contracts Budget Nonprofit 102

Blackbaud

DECEMBER 12, 2024

Save budget talks for the evaluation phase. Consider your budget, research specific software providers , and decide if changing tools is the right decision for your organization. Stay within budget : What are the true costs of changing CRMs? Read contracts carefully to avoid surprises. How will you judge your ROI?

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CRM IT Budget Training 104

Blackbaud

NOVEMBER 6, 2023

There was a time when you had to find one single solution that hopefully met the majority of your needs and priorities, which often meant you were stuck in a binding contract for years. Having the bandwidth, skills, and budget to create a custom software solution is not something nonprofits often have the privilege of doing.

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Funding Software Finance Utilities 104

Blackbaud

FEBRUARY 12, 2024

With these restrictions already noted and documented on your subfund record, you don’t have to worry about manually entering them each year and can run better budgeting scenarios. Request a Demo The post Don’t Jeopardize Your Nonprofit Compliance with a Commercial Accounting System  first appeared on The ENGAGE Blog.

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Software Grants Grant Nonprofit 96

Peak Proposals

JANUARY 28, 2021

Grant Gopher , an affordable database that costs $9/month and does not require an annual contract, is an example of a database that focuses on grant opportunities. If a subscription to FDO fits within your organization’s budget, we recommend giving it a try, but you need to be aware that it will take time to master its features.

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Budget Grantstation Instrumentl Grants 52

GiveSmart

SEPTEMBER 3, 2024

And what fees are companies using to nickel and dime an organization, making their “free” contract actually too good to be true? Other companies also may have a payment structure that requires nonprofits with larger budgets to pay more for the same thing others are paying less for. Curious to try a peer-to-peer campaign?

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Software Contract Contracts Fundraising 52

CauseVox

JULY 13, 2021

In recent years, pledges have fallen out of fashion: it harkens back to a grassroots style of community-based fundraising, a handshake contract in a digital world. Who doesn’t want the boost of knowing you’re donating a major amount with the budget impact of just a hundred bucks or so? Happy Donors, Happy You.

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Donation Nonprofit Demographics Fundraising 98