Everyone in the nonprofit world understands how challenging it can be to raise money. Developing brand awareness and donor relationships doesn’t happen overnight. Turnover in the development area of nonprofits is very typical and the market is tight right now. When your development director leaves or does not meet expectations, how do you find the…
Analyzing your nonprofit’s financial health is essential for the sustainability of your organization. If your organization uses a nonprofit accountant that regularly maintains transaction activity throughout the year, you will be prepared for closing the books and have a smoother audit. Here are four best practices to be prepared for your year-end reporting.
Nonprofit organizations, and accountants, understand the need to count every penny. Staying on track with your strategic plan and achieving your goals is based largely on how your organization manages its money. Is your accountant on staff as knowledgeable as you have come to expect? Do they have the benefit of industry perspective and continually…
As a benefit to nonprofit leaders and their staff, N4N hosts the BREAKFAST WITH BENEFITS series. Nonprofit professionals will have an opportunity to connect, share ideas, and learn from presenters on current topics affecting nonprofits. Our first event of the series is Tuesday September 17. RSVP with Andrea at andrea@numbers4nonprofits.com.
As a benefit to nonprofit leaders and their staff, N4N hosts the BREAKFAST WITH BENEFITS series. Nonprofit professionals will have an opportunity to connect, share ideas, and learn from presenters on current topics affecting nonprofits.
At some point, many nonprofits require a targeted campaign to raise funds for a specific project, usually for a building construction or remodeling project. There is enormous effort that goes into a capital campaign which may span several years as the organization raises millions of dollars. While planning such a large-scale campaign may seem daunting,…
The fear is always there: the fear of complaints from donors. It will eventually happen to your nonprofit if it has not happened yet. For those who have experienced donor complaints, the fear of a re-occurrence sometimes never subsides. The good news is that you do not need to keep that fear with you constantly…
Giving to others is part of human nature. We all want to support others because giving is about “making a difference.” Companies receive donation requests from multiple nonprofits monthly and for some companies the act of giving simply becomes habit. They write checks to the same nonprofit year after year without having a true passion…
Since it is perfectly acceptable for a nonprofit to make a profit throughout the course of a year, the question often asked is, “how much should be left in reserves?” The answer is tricky. Having excess reserves can limit your donors’ willingness to give and having too little could cause your nonprofit to struggle operationally…
Effective Ways to Cultivate and Maintain Strong Donor Relationships As nonprofit professionals, we know that keeping our current donors is important to achieving our organization’s mission and financial goals. In fact, it often costs five times more ton find new donors vs. retaining the donors you have! In this session we will look at what…
Managing Money With Mission
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