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Is your nonprofit organization ‘grant-ready’? 

Candid

Foundation grants can be one of several revenue streams in a nonprofit organization’s sustainable fundraising plan. Naturally, most nonprofits will try to secure a grant at some point. If you need funds immediately, a grant probably isn’t going to come through in time. In 2022, foundation funding accounted for about $105.21

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A Modern Nonprofit Podcast: 501(c)3 management

The Charity CFO

Good morning from a Modern Nonprofit Podcast! Today we have a financial professional & co-founder of Fairlight Advisors, Maya Tussing. Maya and her team specialize in investing for nonprofit organizations. Stay tuned for the conversations because you never know what you may need to hear!

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Developing Your Nonprofit Budget: 5 Steps for Success

NonProfit Leadership Alliance

The purpose of a nonprofit budget is to help you better plan your income and expenses in order to accomplish your goals. For nonprofits, you’ll use your budget to predict fundraising revenue and ensure those funds will cover all your program and administrative expenses. Define the types of budgets you need. .

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Financial Statements Nonprofit: What You Really Need

The Charity CFO

As a nonprofit leader, your financial stewardship is important to remain compliant with the IRS. One way to ensure you remain within the confines of your tax-exempt status is to file and share a number of financial statements. But what are the financial statements? Statement of activities.

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Why Having A Strategic Plan Is Vital For Your Nonprofit’s Board

Bloomerang

If you serve as a board member on a nonprofit board of directors, or if you are an executive director that works with board members, then these nonprofit board challenges might resonate with you. I’ve served on many boards and have worked with many nonprofit board members. So what do many board members do?

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Understanding Functional Expenses for Nonprofits

The Charity CFO

Functional expense reporting confuses many first-time nonprofit bookkeepers and executives. But it is need-to-know-information in the nonprofit world. Because you’re required to report functional expenses to complete your IRS 990 and maintain nonprofit status. What are Functional Expenses?

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A Modern Nonprofit Podcast: What it Takes to Start a Nonprofit Organization

The Charity CFO

During today’s conversation on a Modern Nonprofit Podcast, Tosha welcomes Dr. Krystal White. The latter is key for today’s conversion as Tosha and Krystal discuss what it takes to start a nonprofit from the ground up. Need for Positive Impact People have a desire to have a positive impact for themselves and those around them.