Blackbaud

JUNE 6, 2025

Managing your nonprofit’s finances is no small task, but there are four standardized financial statements that provide clear benchmarks to help you make decisions. Together, these documents reveal where your organization stands financially, how resources are being utilized, and what steps you can take to strengthen operations.

Liability

Candid

MAY 14, 2025

Thats because the financing of new or preserved affordable homes is something like a Jenga tower. But when you pull out one financing tile, you have to make up for that money in some other way, either through loans, additional debt, or other cost savings.

Finance

The Fundraising Coach

JANUARY 17, 2025

Budget Constraints Tight finances can make it difficult to secure venues, hire vendors, and provide high-quality experiences for attendees. Utilize Budgeting Tools: Consider using budgeting templates or software designed for nonprofits. These tools can help you track expenses, identify cost-saving opportunities, and stay within budget.

Budget

Blackbaud

JUNE 20, 2025

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.

Indirect Cost

Allied Grant Writers

DECEMBER 25, 2024

It should outline all anticipated expenses and funding sources, reflecting a realistic and structured approach to handling finances. Professional Services Utilizing grant writing services can guide the revision process. The budget should include line items such as personnel costs, equipment, materials, and administrative expenses.

Grant Writing

Allied Grant Writers

DECEMBER 25, 2024

Utilize online databases and grant directories to broaden the search. To delve deeper into managing finances related to your proposal, explore our article on budgeting for grants. Utilize Resources : Consider engaging in grant writing workshops for practical strategies and peer support.

Grant Writing

Qgiv

DECEMBER 10, 2024

While they are commonly utilized to request financial contributions, its important to note that donation letters can also effectively solicit in-kind donations , such as goods or services, from generous supporters. With congregants like you by our side, our church can achieve [specific goals] and further [specific mission].

Template

The NonProfit Times

NOVEMBER 21, 2024

Utilize data and research to understand preferences and behaviors, allowing you to develop a “surround sound” approach that personalizes. Define your audiences, then invest in touchpoints that resonate with each group, recognizing that a one-size-fits-all strategy simply won’t suffice. Creative: Craft cohesive experience.

Fundraising

Blackbaud

NOVEMBER 20, 2024

Finance plays a crucial role in building a sustainable and scalable funding strategy. Finance professionals can provide key insights into risk analysis, financial forecasting, and performance measurement, ensuring each new revenue stream supports your long-term sustainability and growth. The good news?

Finance

Allied Grant Writers

JANUARY 25, 2025

Additionally, these websites often offer tools to compare different financial aid options, ensuring adult learners can make informed decisions about their education financing. By utilizing these online tools, adult learners can streamline the application process and increase their chances of securing funding.

Education

Seliger + Associates Grant Writing

OCTOBER 27, 2024

As public housing fell out of favor, so did other direct federal housing financing programs like HUD’s long forgotten Sections 235, 236, and 221(d)(3) programs. Eligible applicants are states, local governments, and nonprofit member-owned utility services owning infrastructure outside of, but supporting, a military installation.

Federal Grants

Blackbaud

JULY 15, 2025

A food bank spending the same 15% on admin costs, on the other hand, may be running less efficiently than the museum, or they may be focused on providing fresh, less processed food that requires more refrigeration, increasing utility costs. Why you exist has a bearing on how you exist.

Indirect Cost

Get Fully Funded

FEBRUARY 10, 2025

When you start a nonprofit, one of the most important things to figure out is how to manage your organizations finances. Reducing utility costs by installing low-flow bathroom fixtures at your facility or turning down the heat and air conditioning when no one is in the building.

Management

HSF House

APRIL 10, 2025

In fact, my original plan was to major in Finance. We utilized both AI-generated and recorded assets to build the app, which helped reduce costs and gave me insights about using, what was at the time, cutting edge technology. My name is Jas Chawla, and I am proud to be part of a team to have received an Idea Grant.

AI

Blackbaud

APRIL 28, 2025

Retention is critical for institutions, and studies show that finances are thetop reason students leave college. Use your award management software to help monitor fund utilization and scholarship impact, refine strategies, and ensure funds are used effectively.

Award

Pamela Grow

FEBRUARY 27, 2025

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.

Liability

The NonProfit Times

DECEMBER 23, 2024

If finance and telecommunications companies can collaborate to build infrastructure that benefits their industries, why not the nonprofit sector? A Digital Public Goods Network In the nonprofit sector, we need this to be a public utility: a Digital Public Goods Network. The technology exists.

Telecommunication

Blackbaud

APRIL 7, 2025

It includes salaries, materials, utility costs, and student services. Your school may have multiple budgets, each with a different purpose. Operating Budget: Your operating budget outlines the day-to-day costs of running your school.

Budget

Blackbaud

APRIL 15, 2025

Finance officers must include the Statement of Financial Position, Statement of Activities, Statement of Cash Flows, and, for many nonprofits, the Statement of Functional Expenses. These codes help finance officers track liquidity, simplify reporting processes, and gain deeper insights into their organizations financial health.

Finance

Allied Grant Writers

DECEMBER 23, 2024

Financial Literacy and Credit Recovery Financial literacy is an essential skill for seniors, enabling them to manage their finances effectively and secure better living conditions. Utilizing these services can significantly enhance their quality of life. How do caregiver support programs help?

Transportation

DoJiggy

JANUARY 21, 2025

Many schools struggle with finances and add a fundraising component to Read Across America events. Utilize our free resources, such as how to organize a fun run to plan the event seamlessly. Here, we outline the best, most popular ideas for Read Across America elementary school events. Choose excerpts from Dr.

Transportation

DoJiggy

JANUARY 17, 2025

Securing Financial Stability for Synagogues and Jewish Community Centers The operational costs of synagogues and community centers, including building maintenance, utility bills, and staff salaries, can add up quickly. Capital-building campaigns are crucial for Jewish organizations to finance these expansions.

Fundraising

Seliger + Associates Grant Writing

OCTOBER 27, 2024

As public housing fell out of favor, so did other direct housing financing programs like HUD’s long forgotten Sections 235, 236, and 221(d)(3) programs. Eligible applicants are states, local governments, and nonprofit member-owned utility services owning infrastructure outside of, but supporting, a military installation. In FY ‘23, $3.8

Federal Grants

DoJiggy

JULY 29, 2025

To increase event turnout and engagement, utilize a mix of social media, posters and flyers, and email campaigns. Successful fundraising is crucial for Key Clubs to finance community and service initiatives, support their mission, and strengthen community ties. How can technology be leveraged for virtual Key Club fundraisers?

Fundraising

Bonterra

JUNE 27, 2025

This board is responsible for the organization’s mission, finances, and legal compliance. While nonprofits may have paid staff, volunteers play a critical role in their day-to-day operations, making it critical for these organizations to utilize a robust volunteer management software to encourage participation and simplify scheduling.

Nonprofit

Wild Apricot

JULY 23, 2025

Even small functions need a budget template to follow – there are always unexpected expenditures that can muddle your organization’s finances, like printing costs for flyers, invitations or sign up sheets. Utilize these templates and modify them for your organization’s events.

Template

The NonProfit Times

NOVEMBER 14, 2024

One of the best ways to create this partnership is to create an open dialogue about the key issues the organization is facing and learn how to best utilize the talents, experience and knowledge of their board members. Always ask your board members for their ideas, thoughts and suggestions.

Utilities

Blackbaud

MARCH 7, 2025

As leaders in nonprofit finance, it’s our job to be prepared for the inevitability of change. Less jargony statement : Due to Winter Storm Jack, our utilities cost will be significantly higher this month. How can youconvey the most information with the least amount of finance-jargoned wording? How do we prepare for change?

Budget

Blackbaud

SEPTEMBER 18, 2024

Finance departments and CFOs often focus on project management—which is the technical side of change—making sure all the boxes are checked, and everyone moves along the Gantt chart in an orderly fashion. Here are four ways leveraging change management strategies can help you build a sustainable transformation for your nonprofit finance team.

Finance

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

SEPTEMBER 19, 2024

By analyzing cash flows from operating, investing, and financing activities, organizations can identify trends, manage expenses, and make strategic decisions about future initiatives. The Statement of Cash Flows is divided into three sections: Operating Activities, Investing Activities, and Financing Activities.

Finance

Tech Soup

DECEMBER 20, 2010

This blog will cover step 3 (using the "Customer/Jobs" utility) and step 4 (using the "Classes" utility). QuickBooks offers the user two utilities that can be assigned to each of the transactions mentioned above. The first of these is the "Customer/Jobs" utility. By flagging a transaction (i.e., read more.

Utilities

Blackbaud

MAY 28, 2024

Responsibilities such as running the audit, preparing the fiscal year budget, paying bills, telling finance committees what the numbers mean, and identifying what’s at risk are all important. Identify cash reserves , fixed assets, and designated investments to keep the business office ahead of the Finance Committee curve.

Finance

Blackbaud

NOVEMBER 6, 2023

As technology and the times have changed, you now can be more flexible and utilize integrations and partners to expand your current software to meet your changing needs. You can better keep up with changes in this fast-paced industry by utilizing partners. Why not let the experts handle it? Reach a Wider Audience.

Funding

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. Funding is for both operating and capital funding to finance development of the facilities.

LOI

Blackbaud

MAY 6, 2024

But when you have all the pieces—accurate data, a clear process, and a finance team to put it together—you can make a three-course meal look easy. Prepare the budget in small chunks, review it consistently, and build a budgeting process to set the organization up to effectively utilize resources to fulfill the mission.

Budget

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.

Indirect Cost