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Demystifying the Major Nonprofit Accounting Methods

Pamela Grow

To keep your financial data organized, you can use either of two primary tracking methods: cash accounting and accrual accounting. In this guide, we’ll discuss what each of these financial management systems looks like in practice, their respective benefits and drawbacks, and how to determine which method is right for your organization.

Method 59
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Create a Winning New Member Strategy in 3 Easy Steps

Association Analytics

There may be groups including business partners, non-certified professionals and affiliates who could greatly benefit from being a member of your association but aren’t currently eligible. Again, remember to measure the results of these thought leadership efforts by measuring the engagement with the resources you produce.

Create 169
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A Volunteer Hour In U.S. Jumps To $33.49

The NonProfit Times

The state and national estimates of the value of volunteer time are based on the method used by Independent Sector in prior years. Benefits are included in the final estimate. Benefits are included in the final estimate. Bureau of Labor Statistics (BLS). When you volunteer, you help hold up the foundation of civil society.

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The Use of AI in Fundraising: Maximizing Donations with Data-Driven Asks

Nonprofit Tech for Good

Traditionally, fundraising has relied on old methods. They can also benefit from smart donation asks. Get the Toolkit for Free Now The Benefits of Smart Donation Asks Defining Smart Donation Asks In nonprofit fundraising, smart donation asks are key. AI is becoming increasingly important in fundraising.

Donation 203
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3 Strategies To Elevate Your Association’s Impact in the New Year

Association Analytics

Be creative – Make it fun for members by offering them an experience they want to participate in or a benefit they want in exchange for the data they’re giving you. This is considered an implicit data collection method. This is considered an explicit data collection method. Observing is the most valuable type of data.

Impact 169
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Secure Your Supporters’ Trust: Mastering Privacy-Compliant Fundraising

The Modern Nonprofit

Risk vs. Benefit Perception A key question emerges: Do the benefits of data collection outweigh the risks from the user’s perspective? The compliance is not just a legal necessity but also a trust-building measure with their donors and supporters.

Support 103
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Measuring Impact: Feature Article from the Latest Issue of NTEN:Change

Amy Sample Ward

The first step in starting to measure your impact is to identify the major outcomes that you want to examine. For each outcome, specify what observable measures, or indicators, will suggest that you’re achieving that key outcome for impact. By Julie Macalik, with Greenlights for Nonprofit Success.

Measure 143