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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

With a fund accounting software system designed for nonprofits, you can fully track all your grants, especially restricted grants, in one place. Fund accounting software can allow you to accurately curate grant reports to track restrictions, set budgets, and audit grant awards. Ready to tackle the tasks of grants?

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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

Identify a place to store documentation, including applications and relevant policies, in a place where everyone has access, such as within the grant record within your fund accounting software or a cloud storage tool. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate.

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3 Strategies to Build Your Organization’s Financial Capacity

Blackbaud

Let’s face it—budget planning can cause a lot of stress and anxiety for nonprofits. Most organizations face frequent budget cuts, which creates organizational uncertainty and a scramble for new funding options. Calculating indirect costs can be challenging. Do we have the funds this year to maintain our programs?

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Reading Donor Signals for Events: Knowing Who to Invite and When

Qgiv

Examples of direct donor signals include: Surveys Conversations with donors Direct messages or tagging your organization on social media Indirect signals are a bit less obvious, but no less valuable. Typically reading donor signals that are indirect requires some sort of software tools to gather that data.

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

Blackbaud

Working with a lean budget means even the slightest unexpected expense can create a stressful situation. Lead a Revenue-Wise Strategy Session As a financial leader, you touch all areas of your nonprofit organization through budgeting, forecasting, and expense management. So many nonprofits found 2023 to be particularly stressful.

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The Nonprofit Administration Dilemma: How Much Should You Spend on Fundraising?

Get Fully Funded

As the costs add up, you might be asking: How much of a nonprofit’s annual budget should be spent on administrative tasks and fundraising? Look at it this way: If you’re not spending at least 15% of your budget on fundraising, you may be standing in the way of your own success. You may find yourself spending money on the tech tools.

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The Essential Guide to Nonprofit Budgets in 2024

Grant Writing Made Easy

If hearing about nonprofit budgets makes you cringe a little ( or a lot ), keep reading. In 2024, the grant landscape for nonprofits has evolved significantly, emphasizing the need for meticulous financial planning and transparent budgeting to meet funder expectations. We’ve got you.

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