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The 4 Core Nonprofit Financial Statements & Their Insights

Pamela Grow

Accountability is at the heart of nonprofit accounting. Financial reporting is critical for accountability, and financial statements are among the most important reports your nonprofit will create each year. Statement of Activities The statement of activities is the nonprofit equivalent of a for-profit income statement.

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7 Emerging Trends for 2025: Is Your Nonprofit Prepared?

GrantNews

As we reflect on the past year, we naturally wonder about the trends 2025 will bring nonprofits. While it is no surprise that trends are leaning towards AI and tech tools, you may be surprised to see how nonprofits might use AI. Seven Nonprofit Trends Expected for 2025 1.

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What’s Your End-of-Year Strategy for Planned Gifts of Assets?

Blackbaud

He was a donor to one of our charity clients and we had talked about the possibility of gifting assets to reduce or eliminate tax liability. He was facing a significant tax liability if he didn’t get this completed before the calendar rolled into January. The caller and I had met a few years before.

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Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

If you’re reading this, you probably already know about the problems that nonprofits like yours are facing with their insurance: Rising insurance premiums, poor coverage from commercial insurance carriers, and in some cases, the loss of coverage altogether. Many of these nonprofits have never made a claim.

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How Government Grants Are Changing Grant-Making Policies

GrantNews

In truth, this is one of the many reasons GrantWatch lists grants for nonprofits and businesses alike. Specifically, to improve food insecurity and reduce food waste by expanding liability protection for food donors. Nonprofits and business can apply for grants on their own. We are an unusual country.

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The NonProfit Voice Ep 61: Improve Fleet Safety and Limit Liability with GPS Telematics

NonProfit PRO

In this episode of The NonProfit Voice, Amanda Cole, editor-in-chief of NonProfit PRO, is joined by Lucas Carvalho vice president of corporate resources for BAMSI, and Gabriel Bergeron, Northeast regional manager for risk management services at Philadelphia Insurance Companies.

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Nonprofit Financial Statements: An Overview + Top Insights

Pamela Grow

Accounting can vary widely based on industry, and nonprofit accounting is one of the most unique approaches to the subject. Instead of focusing on generating a profit for the organization, the core of nonprofit accounting is accountability toward supporters and toward the mission.

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