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

Get Fully Funded

When set up right, your nonprofit accounting system will help you manage your nonprofit and streamline processes like budgeting, projecting cash flow, and even hiring. The problem is that if you’re like most, you haven’t paid a lot of attention to your accounting system. It should be part of your organization’s internal culture.

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Nonprofit Guide to US Digital Privacy Laws: CCPA, SHIELD

Whole Whale

This article is for the overworked techie in charge of all of the digital things who just panicked that it is 2020 and there are new privacy laws. There are also multiple bills moving through legislature in no less than 25 other states and the federal government ( COPRA ) that could become law in 2020.

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Is Privacy for Everyone (Including Donors) Dead?

Bloomerang

“I’m increasingly inclined to think that there should be some regulatory oversight, maybe at the national and international level, just to make sure that we don’t do something very foolish. As a fundraiser, I understand all of these matters impact nonprofits, and the trend is leaning—hard—toward privacy and donor data protection. .

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4 Strategies for Proactive Risk Management at Your Nonprofit

sgEngage

This might be due to internal circumstances at the organization itself or external factors that pose a greater social risk.” Most nonprofits collect and store data about their donors, campaigns, and finances. Here are some examples of popular nonprofit internal controls: Requiring two signatures on checks over a certain amount.

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From Stories to Support: The Nonprofit’s Guide to Acquiring and Using Testimonials

The Modern Nonprofit

This could include beneficiaries, donors, volunteers, or partners. Diversify Testimonial Sources: Including a range of testimonials from different stakeholders (clients, donors, volunteers, partners) provides a holistic view of your organization’s impact. Steps to Gather and Utilize Testimonials 1.

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The Ultimate Guide to Accounting Software for Nonprofits

Nonprofit Tech for Good

Unlike a business’s revenue, these assets either have donor restrictions or are considered unrestricted funds. Donors and grantors both expect detailed reporting and deep financial transparency from nonprofit organizations. by donors, grantors, governing boards, or by law.???. What is Fund Accounting?

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Discussion of Donor Data Retention

Robert Weiner

A few months ago I wrote a post on the topic of whether nonprofits should delete old donor records. It will depend on local laws, your storage needs, and your relationship to past customers. Basically, if there are no laws in Canada about what kinds of records you have to keep for a certain amount of time, then you are good there.

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