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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

The Statement of Activities—commonly referred to as an SOA—is one of four essential financial statements for nonprofit organizations. As a CPA working with nonprofits of all sizes, I’ve encountered numerous errors in Board of Directors’ financial reports and Statements of Activities documents.

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The Ultimate Guide to Accounting Software for Nonprofits

Nonprofit Tech for Good

Keep reading this Ultimate Guide to Accounting Software for Nonprofits to learn what makes accounting for nonprofits unique and get tips on choosing the best accounting software for your organization. Similarly, a grant might have specific conditions like the types of activities it can fund or allowances for overhead expenses.

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Beyond Donations: A Guide For Effective Nonprofit Financial Management

Bloomerang

If your nonprofit is just starting out or doesn’t have solid financial policies in place, now is the time to start! They will set downtime policies in place that ensure that your nonprofit’s funds are safe and being spent responsibly. Create a best case scenario long-term plan for fundraising activities and programs for your nonprofit.

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A Guide To Building Lasting Bonds With Volunteers

Bloomerang

From running ticket tables and emceeing raffles to providing snacks and water along a charity 5K, there are several activities involved where you would need volunteers. It’s important to understand what motivates people to volunteer in the first place and what you need to be doing over time to keep those volunteers engaged and coming back.

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Nonprofit Strategic Planning: Ultimate Guide + 7 Examples

Bloomerang

Whether you’re crafting an emergency plan to react to unexpected external circumstances or creating your strategy for the next two to five years, this guide will help your nonprofit get the most out of its strategic plan. We recommend that you don’t place board members in charge of setting strategic direction. Let’s get started.

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Supporting a Nonprofit Business Plan: A Leader’s Guide to Guiding Your Board

Neon CRM

That way, you will know what decisions your board is making and can provide them with the data that will guide them to the right ones. Mission statement: Clear statement of the nonprofit’s purpose, future aspirations, and guiding principles. That’s because they define the nonprofit’s purpose in the first place.

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A Blessing or a Curse? AI’s Place in The Nonprofit World

Greater Giving

According to DonorSearch’s full guide to AI for nonprofits , AI is a machine’s ability to “think” like a human and perform tasks such as processing information, recognizing patterns, and making recommendations. Use this guide to get on the right path to successful AI adoption, and remember to use your new tools responsibly!

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