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7 Omnichannel Customer Engagement Strategies for Nonprofit Organizations

Nonprofit Marketing Insights by GlobalOwls

7 Omnichannel Customer Engagement Strategies for Nonprofit Organizations When it comes to nonprofits, engagement is the lifeblood that fuels volunteer participation, donations, and advocacy work. Chapters Why being omnichannel is important? This digital shift was accelerated further by COVID-19.

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Understanding Unrelated Business Income in Nonprofits

The Charity CFO

If you know only one thing about 501(c)(3) nonprofit organizations , you probably know that they don’t pay federal taxes on their income. . So how do you know if your nonprofit organization has taxable unrelated business income? Examples of Taxable and Non-Taxable Business Income. Special Cases & Exceptions.

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Innovating to Address the Systemic Drivers of Health

Stanford Social Innovation Review

She also lives in a food desert, which makes getting nutritious and affordable food difficult. The nearest fresh food grocer is three miles away, across the 101 freeway. She can afford one big shopping trip in the month and at the end of the month she visits the local food pantry to subsidize until she gets her next paycheck.

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Beyond the Bake Sale: 17 Unconventional Ways to Raise Money for Your Nonprofit

Nonprofit Megaphone

A virtual silent auction is a great way to engage donors and raise funds for your non-profit. Partner with a local business: Reach out to businesses in your area and see if they would be willing to donate a portion of their profits to your nonprofit.

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How to Properly Record Revenue for Nonprofits

The Charity CFO

While the nature of a nonprofit means you’re focusing more on your mission than making money, bringing in revenue is still essential. This can lead to unique accounting and recordkeeping challenges that for-profit businesses don’t have to face—especially related to revenue classification. Need Help Recording Revenue?

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What Are Net Assets?

The Charity CFO

Since nonprofit organizations don’t profit from the money they make , the accounting processes for nonprofits look somewhat different than for-profit companies. And one of the key differences is that nonprofits talk about net assets rather than net income or equity. How to Calculate Net Assets.

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5 Challenges Nonprofits Face in 2024

The Charity CFO

Higher costs affect nonprofits on two sides: Higher overall expenses for the nonprofit itself Lower revenues from decreased donations Say you run an animal shelter. The cost of cat and dog food is going up, so your expenses are higher to feed the animals in your care. Need Help Facing Nonprofit Accounting Challenges?