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3 Signs Your Organization Needs a Nonprofit Accounting System

Blackbaud

Those low-cost tools can be a great way to launch and gain momentum, but there comes a point for every nonprofit when the time it takes to manage your fund accounting workarounds outweighs the cost of upgrading your system. It may be time to look for a fund accounting system with subfund capabilities when you notice these three signs.

Finance 105
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How to Develop Your Nonprofit Operating Reserves

Blackbaud

The real takeaway here is to be able to articulate why the operating reserve fund exists for your organization and clearly understand the purpose, rather than getting hung up on the aggregate number. The more dependable and regular your funding is, the less risk you have and the lower your reserves can be.

Contracts 104
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Bridging gaps and weaving networks: The vital work of place-based intermediaries

Candid

Many organizations struggle to sustain their finances, teams, and leadership, which jeopardizes their ability to take up transformational opportunitiesand, in turn, their impact. Resource mobilization: PBIs assist with connecting organizations to local and regional donor networks and ensuring access to vital funding.

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Future-proof your fundraising: 3 ways to thrive long-term

Ann Green's Nonprofit

And since these gifts are given from assets rather than cash on hand, they give donors the chance to drive sustained impact without impacting day-to-day finances (while also tapping into tax benefits here and now). Key types of non-cash gifts that should be on nonprofits’ radar include: Grants from donor-advised funds (DAFs).

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Aplos Software Buys Keela, Building All-In-One Platform

The NonProfit Times

Founded in 2009, Aplos Software develops finance software for nonprofits and churches. The firm released an online donation product, along with a CRM and communication tool, in 2014 and unveiled Advanced Accounting in 2016, the same year the firm secured $4 million in Series A funding from San Joaquin Capital.

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Promote Planned Gifts Year-Round: 3 Key Times to Prioritize

Get Fully Funded

Others may be concerned about their finances or taxes, or their legacies and relationships. Frame these messages through the lens of organizing your life and finances for the year. Some of your Giving Tuesday promotions should discuss multiple ways to give, like via donor-advised funds and planned gifts.

Finance 52
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GRANTEGY: Don’t Leave Your Grants to Chance Series

Grant Consulting Services

Why Grant Optimization Matters The funding landscape is constantly changing, and grant seekers need to be able to adjust their requests to correlate with the needs of the grantmakers, while keeping their mission and strategic objectives aligned. Are the organization’s finances in order? 2016, February 24).

Grant 59