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Six key areas your association should identify to improve member engagement scoring

Nimble AMS

The Community Brands 2022 Association Trends Study reports that 90% of association professionals seek to enhance engagement opportunities for their members. Successful associations prioritize improving the member experience. To determine value, reflect on membership duration and a member’s service in committee leadership. .

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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. Neglecting Month-to-Month Financial Comparisons Month-to-month comparisons are crucial for detecting trends, anomalies, and areas of concern in your financial activities.

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It’s Giving Season. Here’s how to donate wisely.

Candid

Contrary to popular assumption, these indicators can give you a fuller picture of an organization’s performance than just focusing on what percentage of its budget is dedicated to overhead costs (also known as overhead ratio). Additionally, you can visit a nonprofit’s website and read its annual report to find this information.

Donation 111
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Ask A Nonprofit Specialist - Engaging the Board in Financial Reports

ASU Lodestar Center

What is the trend of revenue, expense and other activities? How do these trends compare to expectations? Focus Attention on Critical Factors by Using Ratios, Dashboards and Other Strategies. Many ratios and other information can be derived from financial documents that are useful to interpretation.

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8 Event Budgeting Tips Every Event Planner Should Know

AccelEvents

If you’ve run a similar event in the past, then you have some sense of expense ratios and trends. Keep Your Event Budgeting Initiatives Documented And Expenses Organized. As you move through the event budget, be sure to keep all your receipts, document the expenses coming in regularly and any known, large costs coming in later.

Tips 89
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The Nonprofit Administration Dilemma: How Much Should You Spend on Fundraising?

Get Fully Funded

A bookkeeper can help you set up the right documentation and tracking procedures so you categorize everything consistently and are not stuck trying to figure it all out come tax time. proper documentation and categorizing of expenses is part of the deal you strike with the IRS when you get 501c3 status. Here in the U.S.,

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How to Conduct an Honest Mid-Year Fundraising Evaluation

Get Fully Funded

Are there trends in giving, like an increase in donations at certain times of year or in response to particular stories? Did you maintain a 3:1 ratio , providing donors with three warm touches between Asks? No one is excited to create a document that tells them to do more. Do you see any patterns? Are gifts from major donors up?