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Bridging gaps and weaving networks: The vital work of place-based intermediaries

Candid

Many organizations struggle to sustain their finances, teams, and leadership, which jeopardizes their ability to take up transformational opportunitiesand, in turn, their impact. Leadership development: PBIs help train local leaders, build resilient organizations, and prevent burnout.

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12 Top Financial Metrics Nonprofits Need to Know

Blackbaud

The metrics you emphasize will depend on your funding sources, financial situation, and strategic goals. For example, a heavily grant funded organization aiming to expand to other revenue sources may be more focused on their dependency quotient and revenue stream ROI.

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4 Common Event Planning Challenges + How to Solve Them

The Fundraising Coach

Planning events is essential for nonprofits, whether youre raising funds, building awareness, or forging new community connections. Budget Constraints Tight finances can make it difficult to secure venues, hire vendors, and provide high-quality experiences for attendees. Crowdfunding platforms can also help you raise funds in advance.

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How Savvy Organizations Weather Uncertain Times

Blackbaud

Getting realigned on your priorities makes the decision process simpler if programs do need to be pulled back or funding needs to be shifted. It’s important to review this information so your team can be proactive in addressing funding issues or increased demand before they happen. Create momentum in the short term.

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2024 Blue Avocado Year in Review

Blue Avocado

Learn how nonprofit collaboration strategies can help you partner with like-minded people and organizations and create a deepened impact, more sustainable relationships, and a stronger funding pool for your nonprofit. Income inequality has forced nonprofits to rely more and more on the wealthy to fund their efforts to fight climate change.

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5 Accounting Workflows Your Nonprofit Can Begin Automating Today

Blackbaud

You work hard to keep your nonprofit finance office running smoothly. As your fund accounting software has evolved, so have the opportunities to incorporate automation into your processes—and get rid of some of that paper and manual decision-making. In fact, some organizations are spending up to six hours a week on each of those tasks.

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How to Overcome Common Challenges in Your Nonprofit Budget Approval Process

Blackbaud

It can also lead to burnout among finance professionals who are constantly chasing approvals and updates instead of working on strategic projects. Invest in a fund accounting system with budget management capabilities, such as automated workflows, real-time tracking, and centralized documentation management.