Remove Finance Remove NICRA Remove Utilities
article thumbnail

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.

article thumbnail

Finding Funding for Research

Peak Proposals

Overhead covers general operating expenses like rent, utilities, and administrative expenses. USG negotiated indirect cost rate: In the case of USG grant applications, many institutions (this includes both educational institutions and nonprofits) have a Negotiated Indirect Cost Rate Agreement (NICRA) with the US government.