Building a Financially Resilient Nonprofit: The Power of Operating Reserves
Nonprofit operating reserves represent the unrestricted funds an organization has set aside to help maintain financial stability and weather unforeseen challenges. They serve as a safety net, allowing nonprofits to continue functioning during economic downturns or when faced with unexpected…
Nonprofit Financial Management Essentials: No BS Beginners Guide
Skip the B.S. This guide will walk you through the basics of nonprofit financial management so that you can make informed decisions about your organization’s future.
21 Ideas To Improve Your Nonprofit
In order to make a nonprofit organization better, it is important to first understand what areas need improvement. This can be done through reviews and contemplation. By understanding what works and what doesn’t, those running a nonprofit can make changes…
Start A Nonprofit In 9 Steps and 91 Days: Step-By-Step Guide
I get it. You are excited about doing good and making social impact your thing. But, how can you start doing it quickly and in a budget-friendly way? Is it even possible to start up a nonprofit quickly? Absolutely, it…
Nonprofit Consultant Hiring: Are You Ready – 3 Questions
Knowing when to hire a nonprofit consultant is critical to success. Are you actually ready to benefit from the expensive engagement? That’s what we are tackling today. Nonprofits should hire a nonprofit consultant only when they have identified a specific…
Newest Nonprofit Articles
Nonprofit Strategic Planning: A Simplified Step-by-Step Guide
Nonprofit organizations face unique challenges that require strategic thinking and decision-making. To navigate this landscape, strategic planning plays a pivotal role. It allows nonprofits to align their mission and vision with operational objectives and actionable strategies. This article provides a…
Matrix Mapping for Nonprofits: Achieving More by Doing Less
Nonprofit organizations are tasked with the significant challenge of pursuing their missions while maintaining financial stability. Often, the pressure to do more with less can lead to unfocused efforts and limited results. In these situations, a powerful tool called a…
The 4 P’s for Nonprofits: A Comprehensive Overview
The 4 P’s marketing model, traditionally used in businesses – product, price, promotion, and place – finds its unique interpretation in the nonprofit sector. Here, the “4 P’s” stand for product, price, promotion, and people. These elements, when strategically considered,…
Nonprofit Leadership Articles
Cultivating a Culture of Financial Responsibility in Your Nonprofit
Why Financial Responsibility Matters Financial responsibility is essential for nonprofits of all sizes. By fostering a culture of transparency and accountability, you’ll empower your entire team to contribute to the organization’s financial success. Let’s explore ways to create this culture…
20 Meaningful Employee Appreciation Notes to Strengthen Workplace Relationships
A simple act of gratitude can have a profound impact on workplace culture and employee engagement. When employees feel appreciated, they are more likely to be motivated, productive, and loyal. One of the most meaningful ways to express gratitude is…
Beat Executive Director Burnout With These Board Tips
Too many Executive Directors reach a stage of burnout in less than 7 years. One powerful antidote to this problem is building a better Board. Today we’ll look at a few tips to make Boards better so that Executive Directors…
Nonprofit Operations
Debunking Common Operating Reserve Myths for Nonprofits
Operating reserves play a crucial role in the financial stability and long-term sustainability of nonprofit organizations. These liquid, unrestricted assets are listed on a balance sheet as “Net Assets Without Donor Restriction,” following the 2018 Financial Accounting Standards Board (FASB)…
Nonprofit Financial Tools: What We Use
With a vast array of financial management tools available in the market, it can be overwhelming for nonprofits to determine which ones work well together and fit their budgets. In this article, we’ll explore the financial management software tools we…
Planning an Office Renovation Project for Beginners: An Introductory Guide
Embarking on an office renovation project can be daunting, especially for those who are new to the process. This article will guide beginners through the crucial aspects of a successful office renovation, ensuring that the project is accessible, ADA compliant,…
More Nonprofit Resources
Divvy vs Expensify: An In-Depth Comparison for Nonprofit Leaders
As a nonprofit leader or executive, managing expenses and budgets is essential for your organization’s success. In this article, we’ll dive deeper into the features, benefits, and differences between two popular expense management solutions: Divvy and Expensify. Our goal is…
5 Practical Strategies for Funding Your Nonprofit’s Operating Reserves
As a vital part of our society, nonprofit organizations provide valuable services and support to those in need. However, just like any organization, nonprofits require a financial cushion to guarantee their long-term sustainability. This is where operating reserves come in….
Nonprofit Tech Stack: Non-IT Leader Beginner’s Guide
Introduction The term “tech stack” can refer to the hardware, software, and tools that a business uses to function. For nonprofits, the term often encompasses the various software programs that help manage day-to-day operations, fundraising campaigns, and interactions with donors…
Nonprofits Can Benefit From Artificial Intelligence in Copywriting
Artificial intelligence is making its way into all aspects of businesses, including the nonprofit sector. Many nonprofits can benefit from using AI in copywriting. AI can help create personalized content, target specific audiences, and improve donor retention rates. When it…
Email Should Die: The New Frontier Of Collaboration
E-mail talk can both cause and make worse the problem of having too much e-mail, unstable requests, pressures to respond, and the delegation of tasks and shifting interactants.
Exploring The Statement of Activities: A Beginner’s Guide
A nonprofit statement of activities is one of the key financial reports every leader should know how to read. We’ll explore this report in easy to understand terms without you needing a finance degree.
Understanding Nonprofit Cash Flow Statements: A Beginners Guide
Reading a nonprofit cash flow statement does not need to be overly complex. With an example, we’ll talk through the basics without needing to be an accountant.
Basics of Nonprofit Budgeting: A Beginners Guide
Nonprofit organizations are often underfunded, which can cause financial stress and strain on the organization. What is budgeting? How can you start? Read on to learn more. What Are the Basic Elements of a Nonprofit Budget Budgeting is the process…
7 Questions To Ask When Choosing A Donor Management System
When it comes to donor management systems, it’s important to choose the right one for your needs. But what exactly is a donor management system? A donor management system is a software application that helps organizations track and manage their…
Nonprofit Technology Grants and Funding:
If you are a nonprofit organization in need of technology funding, there are many grants available to help you cover the costs. Technology can be expensive, but it is a necessary part of running a modern nonprofit. With the right…
A Guide to Becoming a Good Nonprofit CRM Administrator
No one knows their nonprofit CRM better than a good CRM administrator. It’s one of the most important jobs in any organization, and there are many different types of nonprofits out there that need a good CRM. This guide will…
5 Financial Numbers to Know as a Nonprofit Leader
As a nonprofit leader, it is important to be prepared to explain your organization’s financial position to new board members or other interested parties. In this article, we will review five key financial numbers that every nonprofit leader should know….
Starting a Nonprofit Organization With No Money
While it takes money to start a nonprofit, it doesn’t have to be YOUR money. 5 Options to start your nonprofit with no money.
Little Green Light Nonprofit CRM: First Take Review – 2022
Nonprofit CRMs are a necessity but which one to get is a big question. Or maybe you are looking to move to a new CRM. How does Little Green Light donor management software stack up? We’ve taken it for a…
9 Great Nonprofit Resources You Don’t Know About
It’s part of nonprofit life. You’re talking to someone and they tell you about a cool resource they’ve been using. Your response is “I didn’t know about that”. When it comes to nonprofit work, it’s important to make the most…
Micromanaging Executive Director – 6 Strategies To Win
Is your Executive Director over your shoulder daily and not only setting goals but telling you each step you need to perform to accomplish the goal? I know first-hand how difficult this can be, but we started working in the…
Zoom – PowerPoint Sharing As Virtual Background- Hybrid Meetings
Zoom has released a new beta feature that places you in front of your PowerPoint or Keynote as the background for hybrid and virtual meetings. Let’s look at how to do this and why it can be helpful. What Is…
Can You Afford To Hire Another Employee: Nonprofit Answers
The nonprofit sector has many challenges that are not experienced in the for-profit sector. The most significant challenges are the lack of resources and the absence of profits. The challenge of limited resources often leads to the need to cut…
5 Successful Tips To Find A Job Working For A Nonprofit
If you’re looking for a job that gives back to the community, working for a nonprofit is the way to go. Nonprofit jobs are often in positions of influence and responsibility, meaning that they often offer unique opportunities to learn…
7 Deadly Sins of Nonprofit Failure And How To Avoid Them
As small businesses, nonprofits have a high rate of failure. Over 44% of all small businesses fail in the first 5 years. 30% of nonprofits fail to exist after 10 years But why? According to the Concord Leadership Group: Ouch!…
Nonprofit CRM – Why Spend The Time and Money?
If you manage a nonprofit organization, you know how important it is to keep track of your donors and volunteers. CRM software can help you do just that, and more. In this article, we’ll discuss the benefits of CRM software…
