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Raise the Board’s Financial IQ

.orgSource

Allow plenty of time on the agenda for the financial staff to explain when and how statements will be available, review banking, investment, and auditing arrangements, and answer questions. Invite the auditor to present to the group as preparation for the audit review. Be sure to review important policies and procedures.

Raise 419
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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

Ensuring compliance and accuracy in your financial reporting involves several key actions: Regularly review the latest guidelines and summaries provided by authoritative bodies on revenue recognition of grants and contracts. It automates and facilitates these comparisons, allowing for more efficient monitoring and decision-making.

professionals

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A crash course on trends analysis using Candid’s Foundation 1000 data set 

Candid

In comparison, our Foundation 1000 data set is limited to grants of $10,000 or more awarded by a set of 1,000 of the largest U.S. Finally, because the Foundation 1000 represents a much smaller subset of grant data, it is possible to review the data more thoroughly. What is the Foundation 1000? private and community foundations.

Analysis 116
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New CMS Guide Available: Low Cost CMS Review from Idealware

NTEN

In addition to the detailed review of 11 systems -- including both proprietary and open source -- the report provides some helpful overview for approaching the CMS evaluation process in general, as well as some recommendations for making your selection process more focused and effective. -- so you can be assured that it is not light on the details.

Review 72
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How to Decide Which Fundraising Software Your Nonprofit Should Use

Nonprofit Tech for Good

An interactive online community hub – Connect with other nonprofits , review your support case history, learn new features, and discover useful tips and best practices. As you review each software product, tally the amount of features included within the subscription package that meets your budget. 3) Support.

Software 317
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Is Your Nonprofit Half Way to Your 2020 Fundraising Goal$?

Nonprofit Tech for Good

While you’re looking at incoming revenue and comparing it to the prior year, take some time to review your expenses as well. Note: While you’re reviewing incoming revenue, if you don’t already, take a look at in-kind donations as well! Whatever the case may be, don’t forget to monitor your expenditures. What’s Your Projected Income?

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Why Event Vendor Partnerships Matter

Greater Giving

Request references and reviews to gauge their reliability and the quality of their services. This allows for a comprehensive comparison. Their alignment enhances the event’s authenticity and resonance with your audience. Consider Past Performance Evaluate vendors based on their track record with similar events.