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What Every Nonprofit Needs to Know About Financial Audits

Blackbaud

Compliance audits, which ensure your nonprofits adherence to federal, state, and local government regulations, as well as your organizations bylaws and other policies across all aspects of your work. This is also a good time to hammer out the details of your contract for working together before you finalize it and make it binding.

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How to Develop Your Nonprofit Operating Reserves

Blackbaud

What the Nonprofit Finance Fund calls consistent surpluses is the best way to build reserve funds. There are several strategies your organization can use to budget and raise funds for your nonprofits operating reserve. The most successful method is to budget for operating surpluses annually.

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How to Start an Animal Rescue: Step-by-Step Guide for Beginners

DoJiggy

Effective Policies : It allows you to develop effective policies and procedures for animal care and handling, ensuring consistency and quality. Adoption Agreements Draft a contract with guidelines for pet care and return policies. Create a structured adoption process to find loving, responsible homes for your animals.

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Navigating the Shifting Political Landscape as a Federal Grant Recipient

Blackbaud

As the current administration rolls out new policies and executive orders, nonprofit organizations, social enterprises, and other grant recipients must adapt or risk losing essential funding opportunities. Proactively responding to policy updates can help organizations avoid disruptions and ensure continued support.

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Event Budget Templates for Every Organization (Annual Conferences, Fundraisers, Meetings and More!)

Wild Apricot

Even small functions need a budget template to follow – there are always unexpected expenditures that can muddle your organization’s finances, like printing costs for flyers, invitations or sign up sheets. Having one ambiguous budget for an event can get messy quickly without a template to follow for each aspect of the event.

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9 Best Practices for Strong Nonprofit Financial Management

Blackbaud

Nonprofit financial management also includes the structures and workflows that enable your finance team to operate efficiently and effectively. Depending on your organization’s focus and activities, you may have different types of funding, such as grants, contracts, donations, program fees, sponsorships, or merchandise sales.

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The Overhead Solution: A New Nonprofit Pride Movement

Tech Soup

Ghaffari laid out a hypothetical situation: Imagine a homeless shelter funded through two contracts, one from HUD and the other from the City of San Francisco. The combination of the two contracts do not provide sufficient funding to carry out this program. Budgeting, fiscal policies, and internal control resources. spanhidden.