Blackbaud

JANUARY 9, 2025

Find the Right Number for Your Nonprofit Operating Reserves The Nonprofit Operating Reserves Initiative (NORI) Workgroup suggests that the minimum operating reserve ratio at the lowest point during the year should be 25 percent, or about three months of the annual operating expense budget. However, this is not a universal benchmark.

Contracts 104

Contracts Contract Budget Nonprofit 104

Blackbaud

DECEMBER 12, 2024

Save budget talks for the evaluation phase. Consider your budget, research specific software providers , and decide if changing tools is the right decision for your organization. Stay within budget : What are the true costs of changing CRMs? Read contracts carefully to avoid surprises. How will you judge your ROI?

CRM 105

CRM IT Budget Training 105

Blackbaud

JUNE 12, 2025

Important activities: Gather necessary documents, develop narratives, build budgets, and secure internal approvals. That way, everyone has the same information, and no one is left wondering about grant specifics or budget details. Accept Funding Accepting funding requires more than just signing a contract.

Grant 71

Grant Grants Grant Management Award 71

Blackbaud

NOVEMBER 6, 2023

There was a time when you had to find one single solution that hopefully met the majority of your needs and priorities, which often meant you were stuck in a binding contract for years. Having the bandwidth, skills, and budget to create a custom software solution is not something nonprofits often have the privilege of doing.

Funding 105

Funding Software Finance Utilities 105

Blackbaud

FEBRUARY 12, 2024

With these restrictions already noted and documented on your subfund record, you don’t have to worry about manually entering them each year and can run better budgeting scenarios. Request a Demo The post Don’t Jeopardize Your Nonprofit Compliance with a Commercial Accounting System  first appeared on The ENGAGE Blog.

Software 98

Software Nonprofit Grant Grants 98

Peak Proposals

JANUARY 28, 2021

Grant Gopher , an affordable database that costs $9/month and does not require an annual contract, is an example of a database that focuses on grant opportunities. If a subscription to FDO fits within your organization’s budget, we recommend giving it a try, but you need to be aware that it will take time to master its features.

Budget 52

Budget Grantstation Instrumentl Grant 52

GiveSmart

SEPTEMBER 3, 2024

And what fees are companies using to nickel and dime an organization, making their “free” contract actually too good to be true? Other companies also may have a payment structure that requires nonprofits with larger budgets to pay more for the same thing others are paying less for. Curious to try a peer-to-peer campaign?

Software 52

Software Contract Contracts Fundraising 52