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How to Improve Your Internal Controls to Minimize Audit Findings

Blackbaud

Financial Accountability: Donors, grantors, and the public trust nonprofits to manage their finances responsibly. Examples include backup procedures, disciplinary action, and insurance. Assess Risks: Identify the risks that could impact the organization’s operations and finances.

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Understanding Nonprofit Overhead: Strategies for Transparency and Efficiency in 2025

Blackbaud

Most nonprofit finance teams have been taught to keep their overhead costs buried deep within their financial statements. These changes make it more important than ever for nonprofit finance teams to understand your organization’s narrative on your overhead expenses. On the positive side, the U.S.

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4 Nonprofit Financial Management Challenges (& Solutions)

Get Fully Funded

When you start a nonprofit, one of the most important things to figure out is how to manage your organizations finances. However, you can strategically cut other administrative costs by: Evaluating your organizations insurance plan to ensure youre getting the right amount of coverage for the best price.

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Survey: US Nonprofits at Critical Point as Funding for Community Needs Falters

NonProfit PRO

hide(); }});--> Nonprofit Finance Fund (NFF) has released the results of a survey of the nonprofits that drive social and economic well-being in neighborhoods across the country. Only two-thirds offer health insurance; this drops to 12% for organizations with annual budgets of less than $250,000. addService(googletag.pubads()).setCollapseEmptyDiv(true).setTargeting("pid",

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The 4 Core Nonprofit Financial Statements & Their Insights

Pamela Grow

Because your organization cant turn a profit by definition, the goal of tracking your finances is to demonstrate to donors, funders, the government, and the community that youre using your funding responsibly to further your mission. Accountability is at the heart of nonprofit accounting.

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Understanding Contribution Revenue Recognition: What You Need to Know for FASB Compliance

Blackbaud

In the finance office, you know it’s not time to celebrate just yet. Sharing with donors how their gifts contributed to a recent successful fundraising event or helped provide more meals to those in need will go a long way toward continued support—and that all starts with clear reporting in the finance office.

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Your Nonprofit Team: Attracting, Retaining Talent

The NonProfit Times

Think beyond health insurance. Digital onboarding platforms can ease the transition for new hires, while project management software keeps teams organized. Offering Competitive Compensation and Benefits Nonprofits might not always match corporate salaries, but that doesnt mean you cant be competitive.