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3 Signs Your Organization Needs a Nonprofit Accounting System

Blackbaud

Is your accounting software not working for your organization? And this data rolls up into your organizational budget to give you a holistic view of your finances. Having internal controls inherent in your fund accounting software can also save you money. Check out our webinar, Got That Too-Small Feeling on QuickBooks?

Finance 105
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How to Develop Your Nonprofit Operating Reserves

Blackbaud

if the organizations mission involves disaster relief) Dependence on one key person Obligations resulting from your commitments to a donors purpose restrictions Amount of unsecured debt carried by the organization Fund Accounting Software that Drives Impact Find out how Blackbaud’s Financial Edge NXT fits your organization.

Contracts 103
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Why Your Fund Accounting System Needs a Strong Partner Network

Blackbaud

There was a time when you had to find one single solution that hopefully met the majority of your needs and priorities, which often meant you were stuck in a binding contract for years. Now, your technology and software needs evolve fast, and you can’t be tied to a system that can’t change with you. Customization without the price tag.

Funding 104
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Statement of Activities: Common Mistakes and How to Avoid Them

Blackbaud

The Financial Accounting Standards Board (FASB) introduces guidelines on how nonprofits should handle grants and contracts, and these updates help nonprofits report their finances accurately and in a standard manner. Engage with accounting professionals who specialize in nonprofit finance.

Finance 104
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4 Financial Metrics to Increase Transparency for Your Nonprofit

Blackbaud

Organization’s reliance on contributions: If an organization relies heavily on contributions from the general public—as opposed to program service fees or large government contracts—they are more likely to respond to donor requests for transparency. This is the percentage of revenue left over after all expenses, and the higher the better.

Metrics 116
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Maintaining nonprofit compliance with fundraising software

GiveSmart

With the help of a high-quality fundraising software solution, your nonprofit can stay organized and ensure every important need is met to continue growing and serving your mission. We are breaking down compliance considerations for nonprofit organizations and the ways fundraising software can help streamline compliance management.

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5 Ways Fund Accounting Simplifies Financial Reporting for Community Health Centers

Blackbaud

Fund accounting software with sub-fund capabilities makes it easy to manage multiple budget scenarios, understand encumbrances, and automate your internal controls for the highest level of accuracy and transparency. With fund accounting software, you get an extra level of control over grant expense tracking and reporting.

Funding 104