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The Ultimate Guide to Accounting Software for Nonprofits

Nonprofit Tech for Good

Nonprofits have assets but instead of owners having equity in the balance sheet, net assets are tracked for a nonprofit. At a nonprofit, a donation must be tracked throughout the accounting process, and if the funds are restricted, supporting documentation is required to prove that the funds were only used for the stated purpose.

Software 293
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Doing good with AI tools: Navigating ethical considerations for the social sector 

Candid

We addressed these problems through data investigations and corrections, and enhancements to how we sample data. We continue to refine the data we use for training and evaluating our grants auto-coding system. These evaluations can provide usage restrictions or even mark an AI tool as inappropriate to use.

Tools 52
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How to Monitor & Adjust Your Fundraising Development Plan Throughout the Year

CauseVox

Sample fundraising calendar Be sure to update your quarterly and monthly totals for the year, comparing them to your original goals. Are you on track to meet your goals? There is still plenty of time left in the year -including important events like Giving Tuesday and end-of-year campaigns – to reset and get back on track.

Develop 77
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The Ultimate Nonprofit RFP Guide

Whole Whale

Internal evaluation Create clear guidelines for your project and try to rank the proposals across different attributes. We recommend creating an excel doc to track the bids and give grades across desired criteria for each vendor. Quick pre-RFP conversations are very helpful for getting better quality proposals. Hosting needs.

Guide 59
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AI in Action: Deploying Responsible, Effective, and Trustworthy AI

sgEngage

Then, you provide an algorithm with examples in the form of sample data, and you allow the algorithm to identify the best way to get to that outcome. It will do so based on patterns it finds in your sample data. For example, let’s say you’re building a CRM to track relationships with your donors.

Action 84
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Why Event Vendor Partnerships Matter

Greater Giving

Consider Past Performance Evaluate vendors based on their track record with similar events. Attend their events, sample their products or services, and gather as much information as possible to make informed decisions. Their alignment enhances the event’s authenticity and resonance with your audience.

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How to Get Leadership Buy-in for Streamlining Your Grantee Application

sgEngage

Or you can track the time it takes you to fill out the form, either with sample data or by trying to collect similar data from your own systems. Do you use it to inform your decisions, evaluate your outcomes, or improve your practices? How are you using each piece of data you collect from your grantees?