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The Ultimate Guide to Accounting Software for Nonprofits

Nonprofit Tech for Good

Although the most popular accounting software products- like QuickBooks and SAP- handle the needs of businesses in many industries, nonprofits have a unique business model and accounting standards and require different features and functionality from accounting software. Do You Need Fund Accounting and Award Management Software?

Software 291
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Form 990: Essential Information to Know Before Filing

Greater Giving

To preserve your status and make the most of your donations , your nonprofit has to file tax forms on an annual basis. The form that most nonprofits need to file is the IRS Form 990. Organizations that miss the filing deadline face penalty fees and the eventual loss of their 501(c)(3) status. Why is filing Form 990 important?

Files 45
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Choosing an E-File Provider for Your Nonprofit Taxes

Achieve

Filing your taxes is one of the most important and most dreaded tasks for any nonprofit. After all, filing Form 990 correctly and on time is what helps your nonprofit keep its tax-exempt status — and helps you avoid paying unnecessary fees. . However, correctly filing your taxes is no simple task. Component filing.

Files 52
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Nonprofit Startups: Apply for 501(c)(3) Status or Secure Fiscal Sponsorship?

Nonprofit Tech for Good

Sponsored groups can always file for a 501(c)(3) status after you’ve proven your concept can gain support from donors and volunteers. If you’re not immediately picturing your profit and loss statements and dreaming about “going public” on the stock exchange one day, for-profit startup life may not be for you.

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Digging Into Data: 7 Key Metrics to Track + Common Data Questions

Allegiance Group

Picture this: your general manager asks for a meeting. To truly understand the health of your organization, there are seven key metrics you should track in your database: Year-on-year revenue Donor file growth Donor retention Gifts per donor Average gift Revenue per donor Cost to acquire Data can be overwhelming.

Metrics 52
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31 Free And Affordable Software Options For Nonprofits On A Budget

Kindful

Nonprofit software helps organizations manage their day-to-day functions like administration, fundraising, donor relations, accounting, marketing, and more. Not to worry: Your nonprofit software suite doesn’t have to account for a huge part of your budget. There’s no such thing as free software. Our only caveat? Form building.

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A Checklist for a Smooth Fiscal Year-End for Your Nonprofit

sgEngage

Consider letting your financial software help in your collections as well. Fund accounting software often allows users to set up dashboards for tracking what items are still outstanding. These steps help you to keep your financial software in line with any statements from your bank and keep things in order with the real world.

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