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The 5-Minute Guide to Nonprofit Finances

The Charity CFO

It’s a myth that all stakeholders need to be experts in every aspect of nonprofit finances. Even on nonprofit financial committees, some members may be skilled in accounting, others in banking, and others in investing or financial analysis. Because the basics of nonprofit finances are easy to grasp. .

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A Guide to Form 990: FAQs and 3 Best Practices for Success

NonProfit Leadership Alliance

Reading Time: 7 minutes. Your nonprofit had a successful year organizing fundraising campaigns , hiring new employees, and expanding awareness of your cause. All registered tax exempt nonprofits are required to file their annual taxes. Nonprofits are required to file annually or they can lose their tax-exempt status. .

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From Novice To Champion: Empowering Board Members

Bloomerang

Few things are more critical to your nonprofit’s success than your board of directors. A strong and effective board can help provide strategic direction, keep your finances in check, and uphold a high standard of governance. Conversely, a toxic, dysfunctional, or low-performing board can destroy your nonprofit.

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Developing Your Nonprofit Budget: 5 Steps for Success

NonProfit Leadership Alliance

Reading Time: 7 minutes. 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. Create the budget document. .

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5 Reasons Your Board Should Switch to Google Drive

Nonprofit Tech for Good

Most nonprofit board members volunteer because they want to support a worthy cause. Transparency is an essential quality for a nonprofit. Transparency about programmatic approach, results, governance, and finances are just a few ways a nonprofit can be open about its work, and this openness must start with the board.

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Nonprofit Tax Filing: 7 Steps to Peace of Mind

The Charity CFO

Nonprofit leaders have an especially hard time understanding, preparing and filing their returns. You see, a 501 nonprofit corporation is recognized as tax-exempt by the IRS but this doesn’t mean they are exempt from filing taxes. Fortunately, filing taxes for a nonprofit doesn’t need to be stressful.

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Key Takeaways from AFP ICON 2022: The Ultimate Guide

Bloomerang

Highlights include the RSPCA: Royal Society for the Prevention of Cruelty to Animals’ free giveaway of a printed pocket guide to giving your pet first aid which landed them initially 600 new monthly donors which grew to over 22,000. . Creating The Perfect Union Between Business And Your Nonprofit. Watch her story live here. .