Blackbaud

APRIL 4, 2024

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. Utilize a dashboard to communicate financial updates A dashboard is a helpful tool for board members and staff to stay abreast of the organization’s finances.

Finance

Blackbaud

MARCH 15, 2024

If you are not sure which metrics are essential or how to convert your data into something stakeholders can grasp and absorb, start simply by setting clear goals. Learn more: Using Data to Make Annual Giving Work for You Measuring Outcomes Outcome metrics are powerful, necessary tools for demonstrating transparency and accountability.

Strategic Plan

GrantNews

DECEMBER 5, 2023

Considering that most nonprofits seeking grant funding have limited budgets, it is vital to their fundraising goals to ensure that they are utilizing their resources as efficiently as possible to ensure their best possible chances of success. The metrics and criteria section details the anticipated impact of the project’s goals.

LOI

AmpliFund

DECEMBER 5, 2023

It may be folks in finance, leadership and your IT department that need to first see the true value of this investment. Below we take a look at five critical outcomes of utilizing a GMS, like AmpliFund. Read on for talking points to help you share how a GMS can actually have significant financial and human impact.

Amplifund

Blackbaud

DECEMBER 20, 2023

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. Tip 2: Bring both your program and finance teams into the grant application and award process. Tip 2: Review your scheduled reports.

Indirect Cost

Blackbaud

FEBRUARY 9, 2024

Determine the non-financial metrics you want to track. The ability to track and analyze non-financial metrics alongside your financials is what will really increase your community health center’s efficiency and ability to serve more patients.

Software

Blackbaud

APRIL 8, 2024

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. These can be used to pay operating costs such as rent, utilities, and salaries. Restricted funds often outline what they will fund and what they won’t. What are Unrestricted Funds?

Funding

DoJiggy

JULY 9, 2024

QuickBooks is a powerful tool that can help streamline these processes, making it easier for nonprofits to manage their finances efficiently. By following these tips and leveraging the right integrations, your nonprofit can harness QuickBooks’s full potential to manage finances effectively and maintain donor trust.

Finance

Blackbaud

MAY 27, 2024

With all the spreadsheet juggling that comes with budget season, it’s easy to forget the primary goal of your organization’s budget: to gain visibility into your organization’s finances and plan for the future. Luckily, your fund accounting software helps you tackle all these situations. Are we expecting grant revenue? What if it raises more?

Budget

The NonProfit Times

SEPTEMBER 9, 2024

A fair amount of this positive outlook is driven by leaders’ perception of their finances. Other key metrics support leaders’ optimism. Nearly eight in 10 (77%) said their financial viability is equal to or better where it was a year ago. Yet, the need for transformation and data-driven decision-making is even more critical for them.

Finance

Blue Avocado

JANUARY 30, 2024

There are so many possible scenarios here that I will leave it to our hypothetical CFO to devise a strategy for utilizing the FS1 and FS2 and/or other funding to make that happen if is warranted. A final note on this topic: in this example the supervisor might be due a salary increase with the additional workload, depending on circumstances.

Applicant

Big Fundraising Ideas

JUNE 4, 2024

Leverage Social Media: Utilize platforms like Facebook, Instagram, and Twitter to create buzz around your events. Delegating Responsibilities: Committees: Divide the tasks into committees, such as logistics, finance, promotions, and volunteer management. Assign a leader for each who reports back to a central project manager.

Goals

Big Fundraising Ideas

JULY 9, 2024

Net profit is the amount left after deducting all expenses from the total revenue, and it’s an important metric to track for the financial success of your fundraiser. Typical roles include a project manager, marketing coordinator, volunteer coordinator, and finance manager.

Fundraising

Qgiv

SEPTEMBER 2, 2024

Plus, there’s many challenges you have to overcome, such as limited staff capacity, rising costs, and inadequate finances. Analyze donor behavior, campaign performance, and operational metrics to make data-backed decisions and optimize your fundraising. Analyze data for informed decisions. Provide accessibility for the whole team.

Software

DoJiggy

SEPTEMBER 27, 2023

Goals provide a metric to measure against, helping you evaluate the effectiveness of your strategy and efforts. Resource Allocation: By understanding what you hope to achieve, you can better allocate resources, be it in terms of finances, time, or manpower. This ensures efficient utilization and avoids wastage.

Fundraising

Get Fully Funded

APRIL 20, 2021

Don’t give your VA access to your organization’s bank account or finances. Once you start thinking beyond basic administrative tasks, there are as many ways to utilize your VA as there are tasks to tackle when running a nonprofit. Make sure your VA does not have access to a spreadsheet of usernames and passwords. Tasks Your VA Can Do.

Calendar

The NonProfit Times

NOVEMBER 14, 2024

Square footage percentages can be used to allocate rent, depreciation, certain insurances, and utilities. rent, utilities, building depreciation, and insurance) would be allocated 71.4% The amount of space occupied by each function would need to be calculated and then used to allocate the costs accordingly. The occupancy costs (i.e.,

Indirect