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The 4 Core Nonprofit Financial Statements & Their Insights

Pamela Grow

Because your organization cant turn a profit by definition, the goal of tracking your finances is to demonstrate to donors, funders, the government, and the community that youre using your funding responsibly to further your mission. Accountability is at the heart of nonprofit accounting.

Liability 130
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GAAP for Nonprofits: How to Reconcile GAAP and Non-GAAP Results

Blackbaud

Have you ever had your board members scratch their collective heads when the development and finance teams report their results? So, while bequests, insurance policies and planned gifts are exciting for the organization, those donations won’t be reflected in the GAAP reporting. How Development and Finance Can Get Along (Really!)Does

Insurance 101
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4 Nonprofit Financial Management Challenges (& Solutions)

Get Fully Funded

When you start a nonprofit, one of the most important things to figure out is how to manage your organizations finances. However, you can strategically cut other administrative costs by: Evaluating your organizations insurance plan to ensure youre getting the right amount of coverage for the best price.

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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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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store. Tip 2: Bring both your program and finance teams into the grant application and award process.

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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. Technology (website, network, etc.)

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Nonprofit Technology News: The Demise of Facebook Causes and Cloud Storage for Charities

Tech Soup

There is also your new classification compliments of the BRIDGE Project, and the first universal software for micro finance, another free cloud service. Salesforce implementation partners like Appirio and Cloud4Good are also offering discounts to help nonprofits tailor the complex software to their needs.