Remove Budget Remove Nonprofit Remove Software
article thumbnail

Your New Budgeting Superpower: Program-Based Budgeting

Blackbaud

As a nonprofit finance leader, you are constantly aware of the many different pulls on your funding availability. The best way to manage those differing priorities is through budget management tools that give you a clear view of each program, instead of trying to pull apart the organizational budget.

Budget 103
article thumbnail

5 Revenue Streams to Strengthen Nonprofit Sustainability

Ann Green's Nonprofit

Diverse revenue streams provide a sustainable financial foundation for nonprofits. Explore revenue streams your nonprofit should pursue in this guide. This is a great way for nonprofits of all sizes to bring in a steady stream of revenue. Connect with relevant software providers to streamline your mobile giving strategy.

Nonprofit 165
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

Effective financial management is critical for your nonprofit to grow and thrive long-term. By Jon Osterburg If you work for a new nonprofit, your team’s primary goal is probably to get your operations off the ground and start furthering your mission. Explore four considerations for achieving financial sustainability. Methodology.

Finance 147
article thumbnail

The 4 Core Nonprofit Financial Statements & Their Insights

Pamela Grow

Accountability is at the heart of nonprofit accounting. Financial reporting is critical for accountability, and financial statements are among the most important reports your nonprofit will create each year. Statement of Activities The statement of activities is the nonprofit equivalent of a for-profit income statement.

Liability 130
article thumbnail

Is It Time for Your Nonprofit or School to Make a CRM Change?

Blackbaud

Do you need to invest in your people as well as in software for a new tool to be successful? 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. Dream big and dream together as a team.

CRM 105
article thumbnail

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
article thumbnail

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