Remove Chart Remove Impact Remove Report Remove Track
article thumbnail

Your Unrestricted Funds Need Stewardship, Too

sgEngage

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. They don’t come with any direction or reporting requirements.

Fund 87
article thumbnail

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. Topping the charts of most-read Candid blogs of 2022: the overhead myth.

Chart 98
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Beginner’s Guide to Nonprofit Financial Reporting

Greater Giving

Reporting is a key aspect of nonprofit financial management. Besides promoting accountability at your organization, financial reporting is legally required according to government regulations for nonprofits. However, your reports can also provide insight into your organization’s financial situation. Let’s get started!

Report 52
article thumbnail

Don’t Jeopardize Your Nonprofit Compliance with a Commercial Accounting System?

sgEngage

If all your Ts aren’t crossed and your Is aren’t dotted on your grant reporting, your chances of repeat funding from that entity are low. When your accounting system is not built to handle restricted funding , each report can feel like a fire drill. It’s not just the end-of-grant reporting that can cause problems.

System 70
article thumbnail

Collaborative Grantmaking: Rethinking How to Assess Impact

sgEngage

Traditionally, we think of impact as, “For X cost, the organization will serve Y number of people in Z amount of time to create A, B, C outcomes using D, E, F strategies.” All of which combine to make impact difficult to measure and explain. Our expectations around results are powerful. Redefine Success by Solution Testing.

article thumbnail

Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

As a CPA working with nonprofits of all sizes, I’ve encountered numerous errors in Board of Directors’ financial reports and Statements of Activities documents. Being aware of these common pitfalls is crucial for maintaining the integrity of your financial reporting and in turn, the trust of your supporters.

article thumbnail

Taking Action: Fundraising Trends And Best Practices From Bloomerang’s ‘Fundraising Planning and Climate Report’

Bloomerang

This post describes actions you can take to implement the findings of Bloomerang’s 2023 Fundraising Planning and Climate Report. General guidance for fundraisers Here is general guidance on actions fundraisers can take based on fundraising trends and best practices drawn from the report.

Action 73