There are many different types of revenue streams for nonprofit funding sources, each with its own advantages and disadvantages. In order to succeed, it is important to maximize revenue streams by diversifying funding for your nonprofit organization. This guide will help you become more sustainable and continue to support your mission.[Read more…] about Nonprofit Funding Sources: How to Maximize Revenue Streams
Accounting for Nonprofits
Reading and understanding nonprofit reports is essential for making sound decisions about your organization’s future. If you’ve never read one before, they can be daunting documents.[Read more…] about 8-Step Guide for Reading Nonprofit Reports
The statement of activities report shows nonprofits how much money they have and how it is being used. This guide teaches the basics of reading and understanding a nonprofit Statement of Activities. It also helps predict your organization’s financial future.
Nonprofit organizations rely heavily on financial reports to make informed decisions about their operations. But often times, these reports are difficult to read and understand.[Read more…] about Statement of Activities: How to Read This Key Nonprofit Financial Report
This guide provides accounting tips on grant management for nonprofits, including information on the requirements and benefits of using different methods and accounting software for grant management. By following these tips, you can ensure proper reporting and tracking while maximizing the potential benefits of your grant.[Read more…] about In-Depth Guide to Grant Accounting for Nonprofits
Donor stewardship involves fundraising, tracking donations, managing expectations, communicating with donors, and setting up systems to track results.[Read more…] about Donor Stewardship: Relationship Building Strategy for Nonprofits