Remove Indirect Remove Metrics Remove Policy
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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Tip 1: If you have an operating reserve, review your policy. Update the policy based on your current and future needs.

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5 Essential Employee Retention Tips for Nonprofit Managers

Blackbaud

For example, organizations might still use in-person meetings as a key metric for gift officers despite communication preferences and habits changing so dramatically post-2020. All of your organization’s practices directly or indirectly contribute to retention by creating a more engaging and well-run workplace.

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Net Tuition Revenue (NTR) for Private K–12 Schools

Blackbaud

This metric provides insight into their true tuition-based earnings. This metric includes adjustments for: Need-based financial aid awards Merit-based scholarships State-funded scholarships and vouchers Other tuition reduction programs, such as sibling or employee discounts Table of Contents How is Net Tuition Revenue Calculated?

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Accounting: Data Behind Functional Expense Reporting

The NonProfit Times

Indirect allocation is the more complex method and should be used when the cost benefits multiple functions. The most common allocation methodologies for indirect allocation include employee time and square footage. B est P ractices Organizations should have a formal, written, functional expense allocation policy.