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The Four Core Statements of Nonprofit Financial Reporting

Blackbaud

While the Statement of Activities examines your revenue and expenses, this document focuses on your assets, liabilities, and net assets, offering a broader view of your organization’s financial status. Net Assets: Net assets represent the difference between total assets and liabilities.

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4 Nonprofit Financial Statements and How to Create Them

Blackbaud

Gather Financial Data Collect all your nonprofit’s essential financial information, including: Income Expenses Assets Liabilities Details on restrictions This data should ideally already be stored and readily available in your accounting software. Your bookkeeping practices throughout the fiscal year matter.

Liability 111
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How to Create a Volunteer Handbook Your Volunteers Will Use

Get Fully Funded

A volunteer handbook gives volunteers the information they need about the organization and its mission, and answers any common questions they may have. Or maybe you think you don’t have enough information for a volunteer handbook. . Training opportunities: At minimum, you need an orientation to go over information in the handbook.

Policy 119
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9 Tips for Recruiting and Retaining Peer-to-Peer Participants

OneCause

Collect only the information you must have – such as contact information, emergency contact information, a liability waiver, and t-shirt size. You can collect more information later. Explain how you’ll use the information collected. Tell registrants how you’ll use their information.

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Navigating Digital Waivers for School Fundraising Events

Big Fundraising Ideas

Navigating Liability: Top Digital Waiver Tips for Schools Fundraising is necessary for the vast majority of schools-but that doesn’t mean that it can’t be fun and exciting. When signed, waivers show that the participant has acknowledged any risks and agreed to release the provider from liability for damages. Prepare participants.

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Crafting Your Own Will: Benefits and Drawbacks for Willmakers

Planned Giving

While many people opt for professional legal assistance, others consider crafting their own will using available templates and online resources. These wills are typically crafted using templates, online tools, or will kits designed to simplify the process. Frequently Asked Questions What is a DIY will? Are DIY wills legally binding?

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Which Fundraising Events Bring in the Most Money for Small Nonprofits?

Get Fully Funded

Be sure to include basic information about who your nonprofit serves and how lives are being changed. Allow time either before or after the program for your team (you, key staff/volunteers, and Board members) to connect with potential donors in an informal, approachable atmosphere.