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Raise the Board’s Financial IQ

.orgSource

Reading a report about the bells and whistles in the new website is a lot more interesting to most of us than combing through columns of figures in the audit or IRS form 990. But a poor web design won’t get anyone on the bad side of the law whereas ignoring those important statements might. Be sure to allow time for questions.

Raise 419
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Key takeaways from Candid’s 2021 Nonprofit Compensation Report

Candid

This week, Candid released the 21 st edition of our annual Nonprofit Compensation Report. The report reviews key employee compensation based on 160,726 observations from 101,489 Forms 990 and 990-EZ filed by 501(c) organizations with the IRS for fiscal year 2019. Why it matters .

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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. Almost all organizations produce some sort of annual financial reporting, but it’s may not always be public information. by donors, grantors, governing boards, or by law.???.

Software 309
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How to Minimize Risk Throughout Your Grant Cycle

sgEngage

Here are some of the internal controls your grantees should have: Formal Written Policies and Procedures You want to make sure your grantees have documented and defined ways of managing and tracking the funds they receive. How do you track time and effort? Regularly review and update your policy to ensure its effectiveness.

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Maintaining Nonprofit Compliance With Fundraising Software

Greater Giving

In this guide, we’ll review three ways your fundraising software can help your nonprofit maintain compliance: Activity data Donation tracking Volunteer tools Fundraising events of all types require careful data tracking, but donations made at an auction are especially complex to manage and record.

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What is Grant Management?

sgEngage

Grant management is the comprehensive process of overseeing all activities related to grants: from identifying recipients, to awarding funds, to reporting on outcomes all while maintaining compliance with regulatory requirements. In order to ensure compliance, these documents are often reviewed by legal professionals before signature.

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Run a Productive, Fun Nonprofit Board Meeting

Get Fully Funded

” “The conversation easily gets off-track, and before you know it, 30 minutes have passed and we haven’t even discussed important business because we’ve gotten off on a tangent again.” There are two things that can help A LOT here: organizational by-laws and Board member job descriptions. Why is this important?

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