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Give Your P2P Events New Energy with Activity Tracking

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While traditional events still have an important place in the fundraising calendar, activity-based fundraising events now encompass a diverse range of experiences, from yoga to pickleball to kayaking and more. What Activity Will Appeal to Your Donors? Many non-sport options also happen to be ideal for tracking on a wearable device.

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Pickleball and Paddleboards: Get Creative with Activity-Tracking Events

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Activity trackers, such as the Apple Watch and Fitbit, have revolutionized the way we approach physical fitness and they’re also dramatically changing the way we approach fundraising events. Peer-to-peer activity-tracking events have emerged as a game-changer for nonprofit organizations seeking to raise funds and promote a healthy lifestyle.

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Your Unrestricted Funds Need Stewardship, Too

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All in unrestricted funds with no reporting necessary. While nonprofits will hopefully see an increase in unrestricted funds—and a decrease in burdensome reporting requirements—as part of this and other movements, good nonprofit accounting principles still apply. What Are Restricted Funds? What are Unrestricted Funds?

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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

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To meet those requirements, you’ll need to be able to successfully track and manage your grants and effectively report on how you allocated these funds. If you are a grant-funded organization, it will be important to manage spending restrictions and meet reporting requirements. Tracking: Cut Out the Spreadsheets!

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Statement of Activities: Common Mistakes and How to Avoid Them

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The Statement of Activities—commonly referred to as an SOA—is one of four essential financial statements for nonprofit organizations. Without that, the SOA can misrepresent the financial health of the organization and lead to future funding issues. It offers a comprehensive overview of revenue and expenses over a specific timeframe.

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5 Ways Fund Accounting Simplifies Financial Reporting for Community Health Centers

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With multiple points of accountability and dynamic funding sources, accounting professionals in community health centers face complex challenges. And with that form of funding comes significant compliance requirements. With fund accounting software, you get an extra level of control over grant expense tracking and reporting.

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Nonprofit Budgeting and Forecasting Made Easy with Fund Accounting Software

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Luckily, your fund accounting software helps you tackle all these situations. Scenarios serve as ideas or variations on a plan and align with potential situations that might happen throughout the year as well as the actual budget records you save into your fund accounting software. Are we expecting grant revenue? Congratulations!

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