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Raise the Board’s Financial IQ

.orgSource

So how do you make the financial report a bingeable presentation? A healthy balance sheet is the source of innovation, impact, and engagement. Board members are personally responsible for the organization’s compliance with all applicable laws and regulations. What is your board’s financial IQ? Is that even possible?

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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

This statement is crucial for demonstrating how effectively your nonprofit manages its resources. The Financial Accounting Standards Board (FASB) introduces guidelines on how nonprofits should handle grants and contracts, and these updates help nonprofits report their finances accurately and in a standard manner. Let’s dive in!

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10 Tips for Better Grant Management Processes

sgEngage

Will this help you launch a program or expand your reach? Develop top-notch policies and procedures. Develop a set of best practice policies and procedures to meet the needs of even the most challenging funders—like federal agencies. Focus on the why. Learn the requirements. The OMB’s Uniform Guidance (i.e., Seek clarity.

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How can professional development advance nonprofit performance and ensure sustainability?

ASU Lodestar Center

Professional development (PD) is the "process of improving and increasing capabilities of staff through access to education and training." Lastly, investing in PD means better-educated and more motivated employees to help reach the mission for which the organization is striving. Illustration by Jocelyn Ruiz.

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Nonprofit Consulting Firms: 26 Leaders in Their Spaces

DNL OmniMedia

However, you’re also probably unsure of how to get started and where to even begin looking for potential partners that you can trust. How do I find a nonprofit consultant? How much do nonprofit consultants charge? Marketing strategy development. How do I find a nonprofit consultant? Next Steps to Get Started.

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Has Your New Hire Quit Already?

Gyrus

It is important for organizations to establish a proper onboarding strategy and training for new employees to ensure long-term organizational success. Provide the Right Training: While you expect them to learn or know how to do their jobs, educating them about the organization’s offering, value proposition, vison, mission etc.

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Four Reasons to Replace Your Outdated LMS

Gyrus

A Learning Management System (LMS) provides a strategic solution for planning, delivering, managing, and reporting on various learning/training events and activities within an organization. Does your administrator need to refer to the systems training guide multiple times in order to perform or complete a simple task?