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…
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,…
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.
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.
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.
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.
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…
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….
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…
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