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Demystifying the Major Nonprofit Accounting Methods

Pamela Grow

Of the data your nonprofit collects , financial information is one of the most useful types—and one of the most complex to track. To keep your financial data organized, you can use either of two primary tracking methods: cash accounting and accrual accounting. Essentially, it tracks cash flow in and out of your nonprofit.

Method 59
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The Top 9 Nonprofit Credit Card Processing Solutions

Bloomerang

Nonprofit credit card processing solutions are tools nonprofit organizations use to complete credit and debit card transactions securely and quickly. Leveraging a secure payment solution throughout the donation process strengthens donor trust and allows them to use a convenient payment method. per transaction. per transaction.

Process 88
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How to Streamline Your Grant Management Process with Technology

sgEngage

You want applications from organizations that align to your mission, but the frequency of the requests can easily bog down your processes if you aren’t careful. To avoid overwhelming your team, standardize how you receive and process grant applications at your organization. Bring these reports to your decision meetings as a reference.

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Adopting Modern Payment Methods To Engage And Keep A New Generation Of Donors

Bloomerang

Traditional methods of receiving cash donations have seen a significant drop in recent years, with 70% of charities reporting a decline in cash contributions. That means they expect to have access to modern payment methods and digital wallet options like PayPal, Venmo , Apple Pay, and GooglePay. Add offline donations.

Method 59
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A Beginner’s Guide to Tracking In-Kind Donations for Nonprofits

Neon CRM

However, with the right tools and strategies for tracking in-kind donations for nonprofits, your organization can benefit from them while avoiding potential pitfalls. To do that, you need a method of accurately valuing the item you’ve been given. What Are In-Kind Donations (and Should You Take Them)?

Track 52
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Create a Winning New Member Strategy in 3 Easy Steps

Association Analytics

Not surprisingly, a 2020 report from Wild Apricot showed that 68% of organizations have difficulty growing membership. Getting in front of target buyers and communicating value happen to be two of the main principles of the common sales process. Plan ahead, so you’ll know what data to track.

Create 169
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Improve Efficiency and Mitigate Risk with AP Automation for Nonprofits

sgEngage

According to the AFP’s 2022 Payments Cost Benefit Survey , most finance professionals spend at least one hour a week on each of these tasks: reconciling payments, processing ACH payments, and processing checks. But what if you could automate some of these processes and free up your finance team to focus on more strategic work?

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