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Why the new revenue recognition and nonprofit standards are significant for nonprofits

ASU Lodestar Center

This new revenue recognition standard is intended to improve the comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets, including nonprofits. Often time these transactions occur when government agencies elect to outsource certain services. The answer is, not exactly.

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4 Strategies for Proactive Risk Management at Your Nonprofit

sgEngage

Conduct an operational analysis in which you identify all potential risks and prioritize them based on which ones are most likely to occur. Having your board review financial reports. Ensuring these guidelines are followed should be part of their risk management plans. The amount of federal funding your organization receives.

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Great reads from around the web on November 25th

Amy Sample Ward

"Open source software exists in the computer industry. Open architecture exists in the construction industry. Yet only recently has there been a push for standards in communication of the philanthropic industry. The time is now. Open Philanthropy is about sharing. Open Philanthropy is about community.

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Fundraising Apps: 25+ Tools To Help Your Org Raise More

Bloomerang

Review your members’ dues and charges, and alert them when they have overdue payments. Easier interactions with the government. The federal government isn’t known for its quick response time, but the direct link from Grants.gov makes it easy to immediately apply for grants. Backlink analysis. Read reviews and get demos.

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Money for your nonprofit: Writing a grant proposal

ASU Lodestar Center

Whether you’re appealing to the government, private organizations, individual investors, or charitable donation services, every grant proposal should include the following: Cover letter. To create a successful budget, make sure to include a detailed analysis of the following expenditures (where applicable): Direct costs for the project.

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To Scale or Not to Scale: What Should Nonprofits Consider Before Deciding to Expand a Program for Greater Impact?

ASU Lodestar Center

For nonprofits seeking to expand their programs, careful analysis of self and environment are crucial. The former tends to be the province of philanthropy, which loves seeding start-ups but quickly moves on to the next promising idea, while the latter may be ripe for government involvement (Roob & Bradach, 2009). Bradach, J.

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Introducing the 2021 Classy Awards Leadership Council

Classy

This honorary board of industry experts, which represents the larger spectrum of the social sector, collectively determines the annual Classy Awards Winners, and today we’re proud to announce the 2021 Leadership Council that will be hand-selecting this year’s award recipients. Stanford Social Innovation Review. Kimberly Mitchell.

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