Remove Budget Remove Finance Remove Nonprofit
article thumbnail

Your New Budgeting Superpower: Program-Based Budgeting

Blackbaud

As a nonprofit finance leader, you are constantly aware of the many different pulls on your funding availability. The best way to manage those differing priorities is through budget management tools that give you a clear view of each program, instead of trying to pull apart the organizational budget.

article thumbnail

Build Trust by Integrating Your Fundraising and Finance Systems

Blackbaud

This seamless flow of information is truly incredible, particularly when the data exchange is between finance and fundraising. When you unite your fundraising and finance systems, efficiency is simply the first win of many. Budgeting: If you can track goals and budgets in your software, are you doing so?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Your Nonprofit Needs to Make the Right Investments

Ann Green's Nonprofit

With all the economic uncertainty right now, you may be worried about your nonprofits finances. Its good for all nonprofit organizations, but its especially beneficial for small nonprofits. Dont skimp on your communications budget. Maybe you need to reallocate your budget to cover some of these expenses.

CRM
article thumbnail

10 Steps to Creating an Effective Nonprofit Budget

Blackbaud

Budgeting for a nonprofit organization is much like planning that road trip. In this blog post, you’ll learn the essential steps for creating an effective nonprofit budget. What Is the Purpose of a Budget for Nonprofits? What Factors Should You Consider When Budgeting?

article thumbnail

4 Ways Effective Grant Management Impacts Nonprofit Finances

DH Leonard Consulting & Grant Writing Services

Every grant your nonprofit secures is a step toward growing its impact. Effective grant management goes beyond tracking funds in your CRM its also about budgeting effectively, prioritizing programs that need financial support, and delivering timely reports to grantmakers. Use your nonprofits operating budget as a foundation.

article thumbnail

How Nonprofits Can Manage Cash Flow During Financial Challenges

Blackbaud

In a Q&A conversation with consultant and nonprofit CFO Andrew Horrow , many people asked about ways to understand cash flow when funding sources were fluctuating. Here are a few of his suggestions for tracking and managing your cash flow, along with strategies to help your nonprofit stay flexible during times of financial uncertainty.

article thumbnail

Gaining Leadership Approval for Major Technology Investments: A Practical Guide for Nonprofit CFOs

Blackbaud

In the nonprofit sector, both time and money are always limited so you have to strike the right balance between mission-oriented activities and backend operations. But how do you justify spending money on a budgeting tool instead of supplies for an after-school program? Be sure to clearly lay that out.