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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. How to Avoid: Organizations should consider adopting the Unified Chart of Accounts for Nonprofits (UCOA).

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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. foundations in a given year (see chart below). 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. Pledges are excluded.

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Top Lessons from GivingTuesday 2023

Neon CRM

Let’s take a look at the impact of what we call the “Generosity Experience”—the overall trust that a supporter has when interacting with a nonprofit’s marketing, revenue, or impact activities. The chart above shows that 2023 saw higher overall volumes throughout the day, with a small spike at 9:00 a.m.

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How to Set Up Your Nonprofit Accounting System RIGHT So it Helps You Grow

Get Fully Funded

Most importantly, are you spending wisely so that you can make the most impact on the most lives? A simple report with a pie chart can easily show you that. A report showing comparisons can help you see this increase. So set up your Chart of Accounts right from the get-go. There are a few reasons for this.

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Seven Ways to Improve Engagement With Your Nonprofit Financial Reports

BoardAssist

As New York’s leading personalized nonprofit board matching service, high impact New Yorkers approach BoardAssist daily looking for ways to find a board where they can engage. Dimensions also enable your accounting software to run faster by streamlining the chart of accounts. Provide a basis for comparison.

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Reporting for Grantmakers: Charts vs. Lists to Make Sense of Your Data

sgEngage

Charts and lists are two of the most common formats for grant reporting, but they have different benefits when you are trying to make sense of your grantmaking data. When you are looking at the grants your organization made in a given year or what application reviews pending, you can easily sort your list to get your answer.

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Data Visualization Do’s and Don’ts for Every Organization

DNL OmniMedia

This could include noting different points of data exploration, such as filtering data views or comparing specific charts. After determining your audience, have colleagues review your results to bring a fresh perspective to your audience research. It also helps to identify external factors that may impact data patterns.

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