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Building Trust and Accountability: A Guide to Nonprofit Internal Controls Policy

Blackbaud

A well-implemented internal control policy. An internal control policy is the backbone of an organizations internal controls a set of rules and processes designed to protect its resources, ensure accurate reporting, and promote operational efficiency. Do All Nonprofit Organizations Need an Internal Control Policy? Absolutely.

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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

Effective financial management is critical for your nonprofit to grow and thrive long-term. One important but sometimes overlooked step in future planning is ensuring proper nonprofit financial management. Before you can grow, you should have a strong accounting infrastructure that consists of: Fiscal policies and procedures.

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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. Risk Management: Internal controls help identify and mitigate risks, protecting the organization from financial loss and reputational damage. Examples include backup procedures, disciplinary action, and insurance.

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Managing Your Operating Reserves During and After an Emergency

Blackbaud

With the right policies and strategies in place, your nonprofit organization can draw from your operating reserves during and after an emergency without putting future operations at risk. Understanding Your Spending Policy During a crisis, it can be tempting to deplete your entire reserve to address immediate needs.

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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. Operational audits, which assess your organizations internal systems, productivity, staffing, and management practices. Issue an RFP.

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8 Tips for Supporting Your Grantees After a Significant Award

Blackbaud

But many nonprofits that earn organization-changing donations scramble to build the infrastructure to manage the funds effectively. Give them the resources so their Boards can analyze the organizations finances thoughtfully and ask respectful, educated questions. They are likely not experts in investment management.

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7 Signs Your Organization Is Ready for an Enterprise-Scale CRM

Blackbaud

As a tech leader at a growing social impact organization, you know that migrating to an enterprise-scale constituent relationship management (CRM) system can be a daunting proposition. An enterprise-scale CRM is designed to handle large volumes of data, ensuring that you can manage your records and maintain required data hygiene.

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