Following best practices for grant management for nonprofits simplifies reporting accurate, timely information to grantors and donors.[Read more…] about Grant Management: Best Practices for Reporting Nonprofit Funds
Funding Nonprofit Overhead for Functional Expenses
Funding for nonprofit overhead expenses can be challenging for nonprofits faced with limitations on direct and indirect cost recovery.[Read more…] about Funding Nonprofit Overhead for Functional Expenses
Investing In Nonprofit Overhead Reaps Rewards
Running your organization like a for-profit business and investing in nonprofit overhead reaps rewards.[Read more…] about Investing In Nonprofit Overhead Reaps Rewards
Discover the Potential of Nonprofit Earned Revenue for Sustainable Financial Growth
Earned revenue for nonprofits is money that a charity earns for providing goods or services.
Nonprofit organizations play an important role in addressing social issues and championing causes that benefit society. Yet, the financial sustainability of nonprofits can be a challenge, with limited funding sources and increasing demand for services. Diversifying revenue streams through earned revenue is a powerful way for nonprofits to generate sustainable income and achieve mission impact.
In this blog post, we will explore strategies and best practices for unlocking the potential of nonprofit earned revenue. From understanding the types of nonprofit earned revenue to learning from real-world examples, this post will provide actionable insights for nonprofit leaders looking to grow and sustain their organizations.[Read more…] about Discover the Potential of Nonprofit Earned Revenue for Sustainable Financial Growth
Nonprofit Funds and Programs: How to Categorize in Accounting
A true nonprofit accounting system tracks revenue from funds and expenses from programs or functional areas. Funds and programs are the core of nonprofit accounting.[Read more…] about Nonprofit Funds and Programs: How to Categorize in Accounting