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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. FACT: Donor Management is NOT the same as Accounting.

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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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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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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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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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How to Start a Nonprofit: 12 Essential Steps for Success

Bloomerang

That’s because donations to these organizations are usually tax-deductible for the donor, making it easier to raise funds. Nonprofits are most successful when they’re focused on one primary issue because it makes it easier to communicate the organization’s purpose to potential donors. Where will we turn to for financial support?

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How to Use a SWOT Analysis for Your Nonprofit

CauseVox

In the nonprofit context, strengths may include things like: a dedicated network of volunteers, a strong group of recurring donors, and/or a successful track record of mission impact. This can include administration staff, front-line staff, board members, volunteers, donors, the population you serve, peer organizations.