Blackbaud

MAY 21, 2025

Budget scenario planning may not be for everyone. If your programs always bring in their budgeted revenue, if your major donors always come through when they say they will, and if you receive every grant you apply for, you dont need budget scenarios. And if it does sound like your organization, please share your secrets!

Budget 88

Budget Strategic Plan Pass-Through Federal Grants 88

Blackbaud

JUNE 4, 2025

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.

Policy 98

Policy Policies Finance Training 98

Blackbaud

JUNE 12, 2025

Engage program managers and finance teams to ensure the project is feasible and aligns with organizational goals. Important activities: Gather necessary documents, develop narratives, build budgets, and secure internal approvals. Objective: Monitor grant progress, manage budgets, and ensure compliance throughout the grant period.

Grant 71

Grant Grants Grant Management Award 71

Blackbaud

MARCH 7, 2025

As leaders in nonprofit finance, it’s our job to be prepared for the inevitability of change. We build a budget that is fair, balanced, and built on evidential history, but flexible ready for whatever hiccups and bumps come along. Im sure everyone is mildly familiar with budgeting. Why Do Nonprofit Budgets Change?

Budget 81

Budget Management Finance Utilities 81

Blackbaud

APRIL 7, 2025

Like your K12 private school budget. A well-crafted budget is essential for aligning financial resources with the strategic goals of your private school, and with the right processes and tools, it doesnt have to be stressful. Your school may have multiple budgets, each with a different purpose.

Budget 59

Budget Strategic Plan Template Conference 59

Blackbaud

NOVEMBER 5, 2024

To produce meaningful reports to help you do this, you must track all financial activity and ideally compare it to your budget, or your financial representation of what you think you’ll pursue during the year. If you are using fund accounting software built for nonprofits, these reports will be native in your system.

Liability 111

Liability Finance Template Budget 111

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.

Contract 104

Contract Contracts Budget Nonprofit 104

Blackbaud

JANUARY 24, 2025

Many organizations use CRMs to track donor information, but most are missing out on the benefits that come from integrating them with their other software. It helps you better understand your donors, keep them engaged, and work more efficiently with your finance, marketing, programs, and leadership teams.

CRM 97

CRM Software Nonprofit Readiness 97

Grant Professionals Association

FEBRUARY 26, 2025

Although inflation has cooled, balancing budgets hasnt necessarily become easier. Dive Deep into Your Budget Cost-cutting isnt just a once-a-year task during the annual budget season. Dive Deep into Your Budget Cost-cutting isnt just a once-a-year task during the annual budget season.

Budget 40

Budget Grant Writing Strategic Plan Finance 40

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 98

Budget Finance Software Liability 98

Blackbaud

FEBRUARY 4, 2025

QuickBooks is depreciating the tags functionality in their accounting software starting March 8. If your nonprofit has chosen to use the tagging feature in QuickBooks to help identify your restricted revenue, this means you will be juggling even more spreadsheets outside of your software. There is a better way.

Software 86

Software Nonprofit Finance Management 86

Get Fully Funded

OCTOBER 26, 2022

Getting your programs off the ground, ensuring legal compliance, recruiting staff and volunteers, and correctly managing your nonprofit’s finances can be daunting. Events have some of the highest ROIs of any fundraisers, but they require careful planning and room in your budget. Event management software. Event revenue.

Finance 98

Finance Management Nonprofit CRM 98

Candid

MAY 13, 2021

Manage budgets based on multiple projects. For instance, investing in an automated program, such as expense management software , can help you save time, yield better results, and increase efficiency. This post discusses the signs a nonprofit should consider expense management software. Managers need to approve them.

Software 111

Software Management Policy Policies 111

Blackbaud

APRIL 4, 2024

Let’s face it—budget planning can cause a lot of stress and anxiety for nonprofits. Most organizations face frequent budget cuts, which creates organizational uncertainty and a scramble for new funding options. Analyzing your budget this way also allows you to understand the ROI of each program.

Finance 119

Finance Budget Indirect Cost Indirect 119

GiveSmart

NOVEMBER 27, 2023

Managing your annual budget—and multiple budgets within it—is one of the most crucial components of running a nonprofit organization. Learn more about what a nonprofit fiscal year is and how you can arrange your budget to best meet your organization’s financial needs below. What is a Nonprofit Fiscal Year?

Budget 92

Budget Finance Calendar Software 92

Blackbaud

JANUARY 14, 2025

At some point, you will realize that more staff and more budget can take you only so far. You Need to Customize Your Workflows and Integrate Systems Growing fundraising teams typically want to leverage custom workflows and integrate with related software systems like those used by finance and digital marketing.

CRM 105

CRM Readiness AI Management 105

Blackbaud

DECEMBER 30, 2024

Coffman stated in their GuideStar article : Theres no question that nonprofit organizations have an obligation to manage their finances responsibly. Unfortunately, philanthropies are typically (and problematically) judged by the first two criteria. As Chuck McLean and Suzanne E.

Metrics 111

Metrics Finance Management Goals 111

Blackbaud

MAY 27, 2024

It’s budget season, and the spreadsheet chaos has begun. You want to document your process to save yourself valuable time next budget season. You want to be able to easily report on budgets in a variety of accurate, clear ways without too much fuss, and know what was approved versus what’s been modified.

Budget 59

Budget Software Funding Utilities 59

Blackbaud

APRIL 2, 2024

With a fund accounting software system designed for nonprofits, you can fully track all your grants, especially restricted grants, in one place. Fund accounting software can allow you to accurately curate grant reports to track restrictions, set budgets, and audit grant awards.

Indirect Cost 115

Indirect Cost Indirect Software Funding 115

The Fundraising Coach

JANUARY 17, 2025

From tight budgets to limited staffing, these hurdles can make even the simplest event feel overwhelming. Budget Constraints Tight finances can make it difficult to secure venues, hire vendors, and provide high-quality experiences for attendees. This boosts morale and encourages long-term commitment.

Budget 52

Budget Burnout Transportation Utilities 52

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 69

Budget Grant Grants Proposal 69

Get Fully Funded

FEBRUARY 10, 2025

When you start a nonprofit, one of the most important things to figure out is how to manage your organizations finances. Solution: Invest in Dedicated Accounting Software As soon as its feasible given your nonprofits budget, add an accounting platform to your tech stack.

Management 52

Management Nonprofit Finance Software 52

GiveSmart

MAY 8, 2024

While working towards accomplishing your organization’s mission, development and finance teams have different timelines and metrics. Executive directors are responsible for bridging the gap and promoting collaboration between finance and development teams.

Finance 52

Finance Strategic Plan Budget Software 52

Blackbaud

NOVEMBER 8, 2023

Relying on core policies that include both finance and program offices improves collaboration because everyone knows what their roles are and where the directive comes from. Tip 10: Make sure everyone understands the reporting cadence and process for tracking the budgets vs actual, reviewing invoices, and indirect cost monitoring.

Government 116

Government Indirect Cost Indirect Grant 116

Blackbaud

MARCH 21, 2024

Any major project—such as implementing new fund accounting software—needs a well-developed charter to keep stakeholders focused on the goals and desired outcome. Give your project an easily identifiable name, such as Fund Accounting Software Implementation. Are there budget requirements? What is a Project Charter?

Software 111

Software Funding Metrics Goals 111

Blackbaud

JUNE 3, 2025

The Importance of Transparency in K12 Private School Business Offices Transparency is the foundation of trust, and when it comes to managing your schools finances, it matters to your families more than you might think. Check out our white paper, Why K12 Schools Need Fund Accounting Software.

Finance 52

Finance Contract Contracts Management 52

Blackbaud

NOVEMBER 6, 2023

Now, your technology and software needs evolve fast, and you can’t be tied to a system that can’t change with you. As technology and the times have changed, you now can be more flexible and utilize integrations and partners to expand your current software to meet your changing needs. Customization without the price tag.

Funding 105

Funding Software Finance Utilities 105

DoJiggy

JANUARY 8, 2025

Event Management Software can simplify ticketing, registrations, and event promotion. Here are some tips to keep your finances organized: Set a Budget Determine the costs of your event, including venue, marketing, supplies, and any other expenses. A clear budget prevents overspending and ensures profitability.

Fundraising 52

Fundraising Donation Management Goals 52

Blackbaud

APRIL 1, 2024

Whether you’re interested in learning about responsible AI, cybersecurity, APIs , staff empowerment, or something specific about Blackbaud software , we’ve got a session for you. But what if your budget doesn’t match the magnitude of the risks? Yet humans need information for audits, budgeting, and reconciliation.

AI 105

AI Software Budget Conference 105

DoJiggy

OCTOBER 29, 2024

Integrations : Seamless integration with your church’s existing systems, such as accounting software or church management systems, can streamline operations and save time. Best Free Giving Platforms for Churches Finding a cost-effective solution is crucial for churches mindful of their budgets (and who isn’t?).

Donation 52

Donation Management Fundraising Budget 52

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 105

Indirect Cost Indirect Finance Government 105

Blackbaud

AUGUST 12, 2024

Nonprofit financial management also includes the structures and workflows that enable your finance team to operate efficiently and effectively. In a perfect world, your budget will always be balanced. How to do it Pull a list of your income sources from your accounting system or fundraising software.

Management 98

Management Policy Policies Budget 98

Allied Grant Writers

DECEMBER 25, 2024

Budget Details how funding should be allocated. Budget A detailed account of the financial resources needed, including direct and indirect costs. To delve deeper into managing finances related to your proposal, explore our article on budgeting for grants. Objectives Outlines the goals the grant aims to achieve.

Grant Writing 52

Grant Writing Grant Grants Indirect Cost 52

Get Fully Funded

JUNE 5, 2023

When set up right, your nonprofit accounting system will help you manage your nonprofit and streamline processes like budgeting, projecting cash flow, and even hiring. This means that when someone donates online, that information automatically transfers from your Donor Management software to your accounting software.

IT 98

IT Budget Nonprofit Software 98

Blackbaud

MAY 3, 2024

Fund accounting software with sub-fund capabilities makes it easy to manage multiple budget scenarios, understand encumbrances, and automate your internal controls for the highest level of accuracy and transparency. With fund accounting software, you get an extra level of control over grant expense tracking and reporting.

Funding 105

Funding Budget Software Grant 105

Tech Soup

APRIL 23, 2009

Earlier this week, I blogged about a promotional offer for Sage Fundraising 50 software. Pacific tomorrow so if your nonprofit (with a budget between $1 million–$10 million annually) hasn't requested yours yet, you need to shake a leg. Sage Fundraising 50 is software that is built specifically with larger organizations in mind.

Software 43

Software Finance Fundraising Budget 43

Blackbaud

SEPTEMBER 19, 2024

Nonprofits use the Statement of Cash Flows in several key ways: Planning and Budgeting: Forecasts cash needs and plans for future expenses. By analyzing cash flows from operating, investing, and financing activities, organizations can identify trends, manage expenses, and make strategic decisions about future initiatives.

Finance 98

Finance Nonprofit Liability Utilities 98