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Your New Budgeting Superpower: Program-Based Budgeting

Blackbaud

The best way to manage those differing priorities is through budget management tools that give you a clear view of each program, instead of trying to pull apart the organizational budget. This is where your fund accounting system can help you get the granularity you need from your budgeting process to make data-driven decisions.

Budget 104
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3 Signs Your Organization Needs a Nonprofit Accounting System

Blackbaud

Is your accounting software not working for your organization? You have multiple income streamsdonations, grants, service feesas well as all the ways you use the money. Imagine tracking the revenue and expenses of hundreds of programs funded by scores of grants within a dozen or so cost centers in a system like QuickBooks.

Finance 105
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How to Minimize Risk Throughout Your Grant Cycle

Blackbaud

But on occasion, a person will make a mistake or doesn’t follow the restrictions for the grant. To mitigate risk throughout your grant cycle, you need to know your grantees through relationships and documentation, support their internal controls, and set up a process for whistleblower complaints. How do you track time and effort?

Grants 111
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We’re 39 percent similar; how can we be exponentially better?

Candid

One such data story is this: Though long suspected, we finally have the data to confirm that 39 percent of our grant applications are duplicative across funders. Analysis of grant applications from 130 funders. Corporate Delegation and Oversight, Organizational Structure (5 percent). Requested Grant Funding Related (20 percent).

Applicant 111