Blackbaud

AUGUST 20, 2024

There are several exciting times of the year for nonprofit finance professionals—budget season, audits, year-end close. They will discuss the importance of having both your development and finances teams involved in donor stewardship. Reporting is a key part of any finance professional’s role.

Finance

Blackbaud

NOVEMBER 8, 2023

In our webinar with Rachel Werner and James Spencer from RBW Strategy, they covered steps to help nonprofits that receive—or are looking to start receiving—government grant funding. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate. Make sure your program team understands their role.

Government

Blackbaud

DECEMBER 20, 2023

So many nonprofits found 2023 to be particularly stressful. 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. It gives your nonprofit breathing room when a problem or a new opportunity arises.

Indirect Cost

Blackbaud

APRIL 4, 2024

Let’s face it—budget planning can cause a lot of stress and anxiety for nonprofits. Develop a more accurate overall budget In collaboration with your organization’s finance committee, create a more accurate overall budget by using project or program-based budgets. Calculating indirect costs can be challenging.

Finance

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. Understand Your Indirect Costs Tracking and allocating your indirect costs is one of the most tedious aspects of grant applications and reporting. Ready to tackle the tasks of grants?

Indirect Cost

Blackbaud

SEPTEMBER 19, 2024

A Statement of Cash Flows is a detailed financial view used by nonprofit organizations to track inflows and outflows of money related to their activities during a specific time period, typically the fiscal year. The Statement of Cash Flows is divided into three sections: Operating Activities, Investing Activities, and Financing Activities.

Finance

Assel Grant Services

SEPTEMBER 23, 2024

finance staff, grant writers, program staff, consultants, and grant administrators). Have you ever wondered what indirect costs entail, or heard the term “de minimus rate” and questioned what that means? These indirect costs can be allocated to grant proposals. These indirect costs can be allocated to grant proposals.

Indirect Cost

Grant Writing Made Easy

AUGUST 3, 2022

At our most recent Grant Writing Made Easy workshop, we did a deep dive into nonprofit program budgets. So this week, I want to share some advice that will help you crack the code on nonprofit program budgets. So this week, I want to share some advice that will help you crack the code on nonprofit program budgets.

Budget

Tech Soup

JANUARY 29, 2015

Think of the words "overhead" and "nonprofits" and what comes to mind? If the nonprofit sector is going to change the conversation about overhead, the sector first needs to foster a more honest discussion about responsible accounting. " Accounting Resources for Nonprofits. For example, Ms.

Indirect Cost

Get Fully Funded

JANUARY 16, 2024

Now that your new nonprofit is up and running, developing a solid foundation for financial management should be a top priority. The ins and outs of nonprofit accounting may seem overwhelming at first, but effectively recording and reporting your organization’s finances is essential to fund your mission.

Policy

Tech Soup

JULY 18, 2017

Every day, cultural and nonprofit institutions face unique challenges while working towards a mission with a small technical staff and digital budget. So often, nonprofits feel pain triggered by the decision of another department. How Can Nonprofits Make the Shift? Learn How Well Drupal Works for Nonprofits.

Indirect

Blackbaud

APRIL 8, 2024

While nonprofits will hopefully see an increase in unrestricted funds—and a decrease in burdensome reporting requirements—as part of this and other movements, good nonprofit accounting principles still apply. Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities.

Funding

Tech Soup

SEPTEMBER 19, 2012

The Financial Edge is a nonprofit accounting software that understands how nonprofits work and adapts to their unique needs. With The Financial Edge, nonprofits can manage reporting, grants, restricted funds, nonprofit-specific workflows, and collaboration with the fundraising department. Eastern time. Grants Management).

Software

Grant Writing Made Easy

MAY 1, 2024

If hearing about nonprofit budgets makes you cringe a little ( or a lot ), keep reading. In 2024, the grant landscape for nonprofits has evolved significantly, emphasizing the need for meticulous financial planning and transparent budgeting to meet funder expectations. We’ve got you.

Budget

DoJiggy

MARCH 5, 2024

Understanding the nuances of 501(c)(3) donation rules is essential for nonprofit organizations seeking to maximize their potential and ensure compliance with legal standards. Below, we delve into these criteria, providing a clear understanding for aspiring nonprofit leaders. This means they should not be profit-driven.

Donation

Tech Soup

SEPTEMBER 19, 2012

The Financial Edge is a nonprofit accounting software that understands how nonprofits work and adapts to their unique needs. With The Financial Edge, nonprofits can manage reporting, grants, restricted funds, nonprofit-specific workflows, and collaboration with the fundraising department. Eastern time. Grants Management).

Software

Assel Grant Services

SEPTEMBER 4, 2024

In the nonprofit field, it’s common for staff to be put in a role where they manage grants but might not have the knowledge or resources to understand what that entails. These are common scenarios, and while they may be new or unknown, taking steps to understand how grant funds should be managed is critical to the nonprofit’s success.

Grant Management

Peak Proposals

DECEMBER 22, 2019

Our blog posts typically focus on grant strategies for nonprofit institutions. However, many of the principles will also apply to researchers based outside of the US as well as to nonprofits. NICRA covers indirect costs (facilities and administrative costs) and fringe benefit expenses. The topic is research funding.

Funding

The NonProfit Times

NOVEMBER 14, 2024

By Alyssa Simard, CPA The success and integrity of nonprofit organizations hinge on the ability to steward financial resources effectively. It is paramount for nonprofit financial leaders to adopt a thorough approach to categorizing and reporting expenses and why it is a cornerstone of fiscal responsibility.

Indirect