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Back to Basics: How to Set Up Your Nonprofit Chart of Accounts

Blue Fox

Introducing the Chart of Accounts (COA) Are you ready to nerd out on nonprofit accounting? Introducing the Chart of Accounts (COA) - the foundational accounting tool every nonprofit leader needs to get right for maximum financial insight and awareness. What is a Chart of Accounts? It’s just that important.

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Data as Decision in Grantmaking

sgEngage

In grantmaking, one word makes more eyes glaze over than any other – data. With one shift in our understanding about data, we can reclaim a sense of wonder, creative agency, and value in our data work: Recognizing that information does not equal data and data does not equal knowledge.

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Topping the charts in 2022: The 10 most-read Candid blogs 

Candid

It’s a fun and popular way for folks to rediscover and reconnect with their favorite tracks from 2022. Topping the charts of most-read Candid blogs of 2022: the overhead myth. The data/crisis catch-22: How the pandemic created a social sector data gap by Cathleen Clerkin and Anna Koob of Candid. by Sarah Willey.

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A New Way to Simplify Fundraising Seating Charts

Greater Giving

How to easily manage and assign seating at your fundraising event Seating charts at benefit auctions are not for the faint of heart. You don’t have to dread the seating chart with Greater Giving’s automated table seating tools. The post A New Way to Simplify Fundraising Seating Charts appeared first on Greater Giving Blog.

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Integration: The Ultimate Solution for Nonprofit Data Silos

sgEngage

Many nonprofits struggle to maximize their data usage. In fact, when surveyed, 97% of nonprofit professionals expressed an interest in learning how to use their data more effectively, and only 5% reported using data in every decision they make. So, how do healthcare organizations overcome these data silos?

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Don’t Let Staff Turnover Affect Your Grantmaking Data Quality

sgEngage

Create a Policies and Procedures Manual Once a new employee joins your team, having a comprehensive document outlining standard procedures for data entry will make that transition much easier on both the individual and the staff members training them. Record that institutional knowledge in an accessible Policies and Procedures manual.

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Your Unrestricted Funds Need Stewardship, Too

sgEngage

Even though unrestricted funds don’t have mandates on how they should be spent, tracking and reporting on them is still important for both your donors and for your organization’s financial decision-making. Creating a culture of transparency starts with clear tracking by individual program, fund, or project.

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