Pamela Grow

FEBRUARY 27, 2025

Because your organization cant turn a profit by definition, the goal of tracking your finances is to demonstrate to donors, funders, the government, and the community that youre using your funding responsibly to further your mission. Internally, this report is most useful for budgeting.

Liability

Blackbaud

JULY 10, 2025

In the finance office, you know it’s not time to celebrate just yet. Sharing with donors how their gifts contributed to a recent successful fundraising event or helped provide more meals to those in need will go a long way toward continued support—and that all starts with clear reporting in the finance office.

Finance

Blackbaud

MAY 6, 2024

Like a good recipe, your nonprofit budget requires high-quality ingredients, easy-to-follow steps, and a knowledgeable cook or two to put it together. But when you have all the pieces—accurate data, a clear process, and a finance team to put it together—you can make a three-course meal look easy.

Budget

Grant Writing Made Easy

AUGUST 3, 2022

At our most recent Grant Writing Made Easy workshop, we did a deep dive into nonprofit program budgets. Of all the topics I teach inside the course, the budget is the one that students have the most anxiety and confusion around. (By Follow this 3-step process for creating nonprofit program budgets. Understand the key terms.

Budget

Get Fully Funded

MARCH 20, 2023

When you’re just getting started, it’s critical that one of your first steps is to create your nonprofit’s first budget to help you manage both your organization and your finances as it grows. Without a budget, you can find yourself in deep water, fast, with more money going out than coming in.

Budget

Peak Proposals

APRIL 3, 2023

Grant proposals have at least two parts: the project narrative and the budget (aka cost proposal). There may not be a division of responsibilities between the cost and narrative proposals at a small nonprofit, leaving the project lead (or the grant writer) to both write the proposal narrative and prepare the budget.

Budget

Blackbaud

DECEMBER 20, 2023

Working with a lean budget means even the slightest unexpected expense can create a stressful situation. From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store.

Indirect Cost

Tech Soup

DECEMBER 3, 2014

ABCS, with offices across the state and operations in Mexico, offers counseling and pregnancy services, classes on budgeting and personal finance, and foster care services, and also works with the state of Arizona to facilitate adoptions, among other things. Transitional Program BBQ.

Insurance

Get Fully Funded

JANUARY 16, 2024

The ins and outs of nonprofit accounting may seem overwhelming at first, but effectively recording and reporting your organization’s finances is essential to fund your mission. Budgeting Your nonprofit’s annual budget is a key financial planning document that guides your organization’s spending and fundraising efforts.

Policy

Blackbaud

APRIL 8, 2024

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. Not only does this help you budget and forecast better, but this information also makes creating annual reports and website updates easier. Restricted funds often outline what they will fund and what they won’t.

Funding

Get Fully Funded

AUGUST 16, 2024

When well-structured, this document can help you accurately track your income and expenses to streamline budgeting and financial reporting. When handling your nonprofit’s finances in any capacity, a professional’s expertise is always your best bet for getting it right. Use the following tips to maintain your COA.

Liability

The Fundraising Coach

APRIL 12, 2023

Create a Detailed Campaign Budget Your organization creates an annual budget to help determine your overarching financial health and goals. Create a Detailed Campaign Budget Your organization creates an annual budget to help determine your overarching financial health and goals. Are within your predetermined budget.

Fundraising

The Fundraising Coach

OCTOBER 20, 2023

Life insurance: Donors can list your organization as a beneficiary on their life insurance policy. Since most planned gifts don’t affect the donor’s current finances, this presents an easier way to give a large donation without hurting their budget. They can also donate any unused retirement assets to your nonprofit.

Pass-Through

Peak Proposals

DECEMBER 22, 2019

Understanding Proposal Budgets a. Budget Preparation and Review b. Key Budgeting Concepts VI. Funders have different budgets, funding priorities, and missions. Understanding Proposal Budgets When you search for potential funders, it is beneficial to have a sense of how much your project will cost.

Funding

Greater Giving

MAY 8, 2025

One essential process for managing your nonprofit’s finances is budgeting. While you might generally know what a budget isa document that lays out your organizations projected spending and revenue generationa lot more goes into successful nonprofit financial planning than just writing down those numbers once a year.

Budget

The NonProfit Times

SEPTEMBER 10, 2024

The ALICE Household Survival Budget gives three distinct examples of costs for a two-person household (a single adult and a school-age child) in three counties. To determine a nonprofit worker’s financial status, the Household Survival Budget for that worker’s county is compared to the worker’s total household income as reported in the U.S.

Nonprofit

Planned Giving

FEBRUARY 13, 2025

However, modern online tools have simplified this process, making it more accessible and budget-friendly than ever before. These non-probate assets include 401(k) accounts, pensions, and life insurance policies. What Is Estate Planning? Its important to keep these designations updated, as they take precedence over your will.

Insurance

Planned Giving

AUGUST 15, 2024

If you’re not able to make decisions for yourself because of an illness or ailment, your chosen representative steps in to handle your finances and make medical decisions. You may not want to pick the friend who can’t budget their way out of a paper bag. But choose wisely. But let’s get real: Life is unpredictable.

Insurance

The NonProfit Times

NOVEMBER 14, 2024

Square footage percentages can be used to allocate rent, depreciation, certain insurances, and utilities. rent, utilities, building depreciation, and insurance) would be allocated 71.4% The amount of time spent on each function would need to be estimated to allocate salary, benefits, and payroll taxes. The occupancy costs (i.e.,

Indirect

Blue Avocado

OCTOBER 22, 2024

Starting out as an all-volunteer organization with a $20,000 budget, we developed financial systems, workable budgets, and demonstrated accountability. In just three years, the budget grew to over $330,000. Because most AVOs have an informal air about them, it’s easy for finances to be treated in a casual way.

Budget