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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.

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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?

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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? At its core, your budget is a list of expected revenue and expenses for a set timeframe.

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You Won the Grant—Now What? Mastering Post-Award Chaos Without Losing Sleep

Lightning Fast Grant Writing

Budget tracking. Include: Key reporting deadlines Required data collection points Budget monitoring schedules Compliance checklists Use project management software (like Asana, Trello, or ClickUp) or a specialized grant management system to set reminders and assign tasks. But wait whats that creeping over the horizon?

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

Blackbaud

But how do you justify spending money on a budgeting tool instead of supplies for an after-school program? Here are a few considerations when advocating for technology investments in your accounting and finance departments. Would this investment speed up budgeting, provide more accurate data, or mitigate risk?

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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

In it, include guidance on gift acceptance, conflicts of interest, expense reimbursement, and staff compensation, among other aspects of nonprofit finance. According to Jitasa , most nonprofits start out using the cash accounting method to track their finances—i.e., Methodology. Chief financial officer (CFO). Bookkeeper. Accountant.

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Building Trust and Accountability: A Guide to Nonprofit Internal Controls Policy

Blackbaud

For example, a newly hired finance manager is stepping into a nonprofit with no formalized internal control policy. Finance Teams: Handle the nuts and boltsdocumenting procedures, conducting reconciliations, and overseeing daily transactions. Personnel Controls Require background checks for new hires in finance-related roles.