article thumbnail

Understanding Nonprofit Overhead: Strategies for Transparency and Efficiency in 2025

Blackbaud

Organizations that have significant indirect costs and earn federal funding can negotiate a higher indirect cost rate, or Negotiated Indirect Cost Rate Agreement (NICRA), with their agency of record. Simplifying Cost Allocation with Fund Accounting Software Managing overhead expenses doesn’t have to be complicated.

article thumbnail

Finding Funding for Research

Peak Proposals

It means thinking through, given your project design and data collection needs, how many software licenses you’ll need, and whether you need to purchase 3 laptops and 7 iPads.or NICRA covers indirect costs (facilities and administrative costs) and fringe benefit expenses. 4 laptops, 3 iPads, and 3 mobile phones.