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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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Advocacy for everyone: 6 ways to help your supporters take action

EveryAction

Either way, we think activating your supporters should be easy and effective. Collecting petition signatures A petition is many things: a way to quantify support around an issue; a tactic that helps bring new supporters on board; a relatively light lift to help keep passionate advocates engaged.

Advocacy 222
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Raise the Board’s Financial IQ

.orgSource

To adequately fulfill the three duties of a nonprofit board member —Care, Loyalty, and Obedience—a solid understanding of the organization’s financial activities is needed. When directors understand their role in stewarding and growing resources, keeping track of that progress becomes a lot more interesting.

Raise 419
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Donor Database Management: A Quick Guide to Prospect Setup and Tracking

Qgiv

However, many organizations fail to properly track gift officer portfolios, gift officer actions and donor pipeline management within their donor database management. Standardization around portfolio tracking, donor interactions, documenting proposals, and next steps is critical to the health and sustainability of any fundraising program.

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5 Must-Have Productivity Software Products Nonprofits Need to Be Effective in 2021

Nonprofit Tech for Good

By Alan Tyson , CEO of DATABASICS – a software product that enables nonprofits to report, approve, and track employee hours, activities, and spending from anywhere, something that is especially important in an increasingly decentralized environment. 2) Online Document Sharing & Management. Recommendation ? DATABASICS.

Product 317
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How to Minimize Risk Throughout Your Grant Cycle

sgEngage

To mitigate risk throughout your grant cycle, you need to know your grantees through relationships and documentation, support their internal controls, and set up a process for whistleblower complaints. How do you track time and effort? Do you have tiered approvals for different amounts? What are your procurement standards?

Grant 94
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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

sgEngage

To meet those requirements, you’ll need to be able to successfully track and manage your grants and effectively report on how you allocated these funds. Fund accounting systems with grant management can help you from beginning to end if you are a grant-funded organization—or want to be. Tracking: Cut Out the Spreadsheets!

Grant 93