Most nonprofits don’t think in terms of nonprofit profitability when it comes to fulfilling their mission. But, today’s nonprofits have to think differently. [Read more…]
Top 5 Annual Fundraiser Tips for a More Profitable Year
It’s not an exaggeration to say that a nonprofit’s annual fund is the lifeblood of the organization. Whether a nonprofit needs to cover operational costs or give a much-needed boost to a specific campaign, the annual fund is there to help. [Read more…]
New Tax Laws Affect Charitable Contributions
While the 2017 tax law benefits corporations and individuals, it affects charitable contributions. Nonprofit organizations may be the biggest losers under the new law. [Read more…]
Nonprofit Software Trends: Essential for Improving Donor Retention
Nonprofit software trends are improving donor retention and fundraising efforts. The biggest trend has been implementing nonprofit data integration. [Read more…]
Donor Data: 7 Types of Data Your Nonprofit Should Collect
As all smart nonprofits know, it’s not enough to rely on one-time donations to sustain your organization. [Read more…]
7 Requirements for Year-End Nonprofit W-2 Preparation
Nonprofit W-2 preparation is basically the same as for-profit businesses, but with some additional considerations based on the type of nonprofit you are (more on that below). Like any other business, nonprofits and their employees are subject to payroll taxes even though 501(c)(3) charitable organizations are exempt from paying income taxes. [Read more…]
Why Do Nonprofits Need Fund Accounting?
In order to fully understand nonprofit fund accounting, you must be able to answer three basic questions: [Read more…]
New FASB Rules for Nonprofits: Are You Ready?
New FASB rules for nonprofits are scheduled to take effect in December 2017. Is your nonprofit ready? [Read more…]
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