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The Four Core Statements of Nonprofit Financial Reporting

Blackbaud

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. Liabilities: Liabilities include debts and obligations owed by your nonprofit, such as accounts payable, accrued expenses, and long-term loans.

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Understanding Fiscal Agents: What They Do and When You Need One 

Wild Apricot

Running a nonprofit comes with a long to-do list – raising funds, managing programs, keeping records, staying compliant – the list goes on. A fiscal agent is an organization, typically an established nonprofit, that manages money and administrative tasks on behalf of another group. What Is a Fiscal Agent?

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7 Emerging Trends for 2025: Is Your Nonprofit Prepared?

GrantNews

Because of this, expect global issues like conservation of biodiversity, waste management and recycling initiatives to be competing for attention in everyone’s social feeds. However, plan to see an increase of DAF in nonprofit management trends for 2025. Resurgence of Donor-Advised Funds Donor-advised funds (DAFs) are not new.

AI
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Arts nonprofits saw revenue fall in every category in 2024. What lies ahead? 

Candid

Budget deficits are once again widespread, reducing working capital Working capital—calculated as current assets minus current liabilities—is a key indicator of short-term financial health. After a period of rehiring and compensation improvements in a competitive job market, arts nonprofits reduced spending on personnel by 13%.

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The Legal Process of Tax Exemption and Fundraising

DoJiggy

Choosing the Right Business Structure: Why It Matters Your business structure sets your organization’s legal and financial foundation, and it can directly impact your eligibility for tax exemption, whether youre forming a nonprofit corporation, a Limited Liability Company (LLC) , or another structure.

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The 4 Core Nonprofit Financial Statements & Their Insights

Pamela Grow

Liabilities. These appear on the statement in order of payment due date, with short-term investments listed above long-term liabilities. On your balance sheet, youll calculate your nonprofits net assets by subtracting your total liabilities from your total assets. Youll typically list these in order of liquidity (i.e.,

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10 Tips for Managing Crisis Volunteers in Natural Disasters

Blackbaud

If you don’t have a volunteer management strategy in place, an influx of self-deployed crisis volunteers can increase rather than reduce the chaos. 10 Tips for Managing Crisis Volunteers Before the next crisis, put these volunteer management strategies in motion so you can help your helpers meet your community’s needs.