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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

Let your volunteers know about your organization’s liability coverage, what it covers and what it does not. Also share with volunteers about the Volunteer Protection Act , which protects volunteers from liability in cases of ordinary negligence. Is there a liability release everyone must sign? Is orientation required?

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. The next might include some simple steps and templates to help them start fundraising with friends and family. You can collect more information later. Give participants a good story to tell.

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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.

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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

You may want to host an event like this at a local restaurant that has a liquor license and general liability insurance. These events should include a brief and powerful presentation (less than 5 minutes) to lay your message out there. NOTE: PLEASE check into the legalities of offering alcohol.