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7 Emerging Trends for 2025: Is Your Nonprofit Prepared?

GrantNews

Bipartisan Support for Social Causes To support this economic restructure, we will also see bipartisan support from government officials. Grant-seekers can then add grants of interest to their Grants Calendar to ensure deadlines are not missed. However, before you do, research what types of grants you are eligible for.

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Privacy Policy

Community Boost

California residents may ask us to provide them with (i) a list of certain categories of Personal Information that we have disclosed to other parties, including affiliates, for their direct marketing purposes during the immediately preceding calendar year, and (ii) the identity of those other parties. Legal Compliance.

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Basics of Nonprofit Accounting: 4 Documents to Know

The Fundraising Coach

It also helps your nonprofit be more transparent with various stakeholderssupporters, funders, and even the government. Liabilities (account numbers beginning with 2000): Everything your nonprofit owes, including debt, deferred revenue, and accounts payable. Tracking financial data is similarly vital. Statement of financial position.

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Statement of Activities (SOA): A Nonprofit’s Income Statement Equivalent

Blackbaud

Grants Received: Funds provided by government agencies, corporate sponsors, or other foundations. federal, state, or local government) and whether the grants are restricted or unrestricted, similar to donations. Additionally, donations may come in the form of professional services or goods, which should also be accounted for.

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A Beginner’s Guide to Nonprofit Financial Reporting

Greater Giving

Besides promoting accountability at your organization, financial reporting is legally required according to government regulations for nonprofits. Also called a balance sheet, this statement lists your nonprofit’s assets, liabilities, and net assets to provide a snapshot of your organization’s financial health. Statement of cash flows.

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Nonprofit Accounting Basics: 5 Fundamentals to Know

Get Fully Funded

The way you manage and report financial information holds your organization accountable to the government, the Generally Accepted Accounting Principles (GAAP) , and your supporters. Grants provided by the government and foundations. For most organizations, whose fiscal year follows the calendar year, that due date is May 15.

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