Nonprofit strategic planning is a crucial process that can help organizations effectively navigate challenges and capitalize on opportunities. However, a significant number of nonprofits still lack a strategic plan, with 49% not having one in place. On the other hand,…
If you want your nonprofit organization to thrive and make a lasting impact, strategic planning is the key. This guide will walk you through the 5 steps of strategic planning for nonprofits, providing valuable insights and actionable advice along the…
As champions of change and advocates for community advancement, we in the nonprofit sector understand the monumental power of strategic planning to drive organizational effectiveness. Yet, embarking on this journey is just the beginning—execution is where our visions come to…
Discover the power of operating reserves in ensuring a nonprofit’s financial resilience. This comprehensive guide provides insights into the benefits of maintaining healthy reserves, real-life impacts during challenging times, and practical tips on building and maintaining operating reserves. Learn how to calculate the recommended operating reserve ratio and the importance of robust financial planning for your nonprofit’s longevity.
We received this recently: “We’re just stuck. The numbers aren’t growing, yet people tell us they love what we do. I’m not sure how to move us forward.“ First, you’re not uncommon in feeling stuck and not knowing how to…
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