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The Four Core Statements of Nonprofit Financial Reporting

Blackbaud

In this blog, we’ll explore the four core financial statements every nonprofit needs: the Statement of Activities, Statement of Financial Position, Statement of Cash Flows, and Statement of Functional Expenses. Statement of Financial Position The Statement of Financial Position is the nonprofit equivalent of a balance sheet.

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7 Emerging Trends for 2025: Is Your Nonprofit Prepared?

GrantNews

As we reflect on the past year, we naturally wonder about the trends 2025 will bring nonprofits. While it is no surprise that trends are leaning towards AI and tech tools, you may be surprised to see how nonprofits might use AI. Seven Nonprofit Trends Expected for 2025 1.

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What’s Your End-of-Year Strategy for Planned Gifts of Assets?

Blackbaud

He was a donor to one of our charity clients and we had talked about the possibility of gifting assets to reduce or eliminate tax liability. He was facing a significant tax liability if he didn’t get this completed before the calendar rolled into January. The caller and I had met a few years before.

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4 Nonprofit Financial Statements and How to Create Them

Blackbaud

There are four core reports, known as financial statements, that nonprofits should create to review financial data and activities. Let’s take a closer look at each of these documents and how your nonprofit can compile them. Four Main Financial Statements for Nonprofits 1.

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How Government Grants Are Changing Grant-Making Policies

GrantNews

In truth, this is one of the many reasons GrantWatch lists grants for nonprofits and businesses alike. Specifically, to improve food insecurity and reduce food waste by expanding liability protection for food donors. Nonprofits and business can apply for grants on their own. We are an unusual country.

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The NonProfit Voice Ep 61: Improve Fleet Safety and Limit Liability with GPS Telematics

NonProfit PRO

In this episode of The NonProfit Voice, Amanda Cole, editor-in-chief of NonProfit PRO, is joined by Lucas Carvalho vice president of corporate resources for BAMSI, and Gabriel Bergeron, Northeast regional manager for risk management services at Philadelphia Insurance Companies.

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Nonprofit Financial Statements: An Overview + Top Insights

Pamela Grow

Accounting can vary widely based on industry, and nonprofit accounting is one of the most unique approaches to the subject. Instead of focusing on generating a profit for the organization, the core of nonprofit accounting is accountability toward supporters and toward the mission.

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