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How to Build a Better Nonprofit Budget in Less Time and with Less Stress

Blackbaud

But when you have all the pieces—accurate data, a clear process, and a finance team to put it together—you can make a three-course meal look easy. Work with the heads of each department to analyze expense history, review contracts for any automatic expense increases, and evaluate the strategic plan for any additional expenses to include.

Budget 93
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5 Legal Issues For NPOs Using ChatGPT

The NonProfit Times

You need to ensure that your organization has appropriate insurance coverage in place to protect against potential liability claims in all of these areas of legal risk. You also should explore acquiring an errors and omissions liability/media liability insurance policy to fill those coverage gaps.

ChatGPT 98
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How to create your new nonprofit’s first budget

Get Fully Funded

When you’re just getting started, it’s critical that one of your first steps is to create your nonprofit’s first budget to help you manage both your organization and your finances as it grows. Use accounting software to help you manage your finances. Miscellaneous revenue (interest income, etc.)

Budget 98
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5 Strategies To Keep Your Office Safe

The NonProfit Times

Private security contractors – An established security contract with a professional security service. Make sure your contract ensures they will assume liability for their actions and that the contractor is adequately insured and names your organization as an additional insured on their policies.

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Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

Nonprofits have two customers – the people they serve through the mission and the people or organizations which pay for all or part of the services, such as donors, insurance companies, government entities, and more. Consider having a separate session to discuss your organization’s finances.

Finance 52
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Maintaining nonprofit compliance with fundraising software

GiveSmart

These individuals are responsible for monitoring everything from the organization’s finances to its protocols to ensure operations are running smoothly and all compliance standards are being met. Get insurance policies. Board of directors All nonprofits must appoint a board of directors. Process your payroll.

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Finding Funding for Research

Peak Proposals

USG Agency Websites For grant opportunities (as opposed to contract opportunities, which you can find on beta.SAM.gov) , grants.gov is the preferred search tool if you want to go to one site to look at opportunities across the federal system. Grants.gov posts forecasted (i.e., pending) opportunities as well as active opportunities.

Funding 52