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Do You Have to Pay Taxes on Grant Money?

GrantNews

By staying informed and seeking professional guidance when needed, you can effectively manage your finances and make the most of grant opportunities without running into unexpected tax issues. Understanding how grants impact your taxes is crucial to managing finances effectively and avoiding unexpected tax issues.

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Back-to-School Basics with Nonprofit Finance Fundamentals

Just Write Grants

With our digital school bells ringing, it's time to attend a masterclass in nonprofit finance. 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).

Finance 52
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An Essential Guide to Nonprofit Financial Management (Best Practices and Tips)

DoJiggy

Nonprofits demand more from managers, especially when it comes to finances. Your nonprofit needs to manage its finances responsibly to be prepared for these thin donation times. What are your current finances, and where do you expect to be next quarter, next year, and the following five years?

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Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

Matt Hugg, President and Founder, Nonprofit.Courses – He’s the author of the Guide to Nonprofit Consulting, and teaches nonprofit management at several universities, via the web, and in-person in the United States, Africa, Asia and Europe. Consider having a separate session to discuss your organization’s finances.

Finance 52
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Security: The Scary Part of Cloud Computing

Tech Soup

IntrapriseTechKnowlogies specializes in nonprofit IT and financial consulting. NTEN chose him to present on cloud security and financing because he has a unique blend of accounting expertise, technology know-how, and nonprofit industry understanding. There is something called the Generally Accepted Privacy Principles.

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Master Nonprofit Financial Statements

DoJiggy

The Statement of Financial Position (AKA The Balance Sheet) The Statement of Financial Position provides a snapshot of the organization’s financial status at a particular point in time, detailing assets, liabilities, and net assets. Liabilities are what your organization owes to vendors, employees, or others.

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The Fundamentals of Grant Writing for Nonprofits: How to Write an Effective Grant Proposal

Allied Grant Writers

As a result, it’s critical to understand whether asking for grants for nonprofits or other cause, among the many other financing options available to you, is the best option for supporting your organization. This is to protect both the board and staff from legal liabilities. Note : requirements may vary per state] 2.