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Making the Switch: What For-Profit CFOs Need to Know About Nonprofit Accounting

sgEngage

You can run a profit and loss statement in your sleep. But you are tired of the for-profit world. From the goal of your organization to how finances are managed, it’s important to understand how for-profit accounting and nonprofit accounting differ so you can help drive success for your new organization.

Profit 87
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Who Qualifies as a Major Donor Prospect for Your Organization? (3 Guidelines)

The Fundraising Authority

The following is an excerpt from our class How to Find New Major Donors and Get Them to Give to Your Non-Profit. Far too many organizations reply “everyone is a prospect” or “everyone with enough money is a prospect.” Far too many organizations reply “everyone is a prospect” or “everyone with enough money is a prospect.”

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The Ultimate Guide to Accounting Software for Nonprofits

Nonprofit Tech for Good

It’s a common misconception that nonprofits don’t focus on financial goals since they’re not generating a profit. Furthermore, nonprofits receive different types of revenue than most for-profit businesses. Raising funds and winning grants is difficult and requires significant staff time and resources.

Software 300
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Which Fundraising Events Bring in the Most Money for Small Nonprofits?

Get Fully Funded

Other events are smaller, more intimate gatherings where guests are directly asked for money. Both have their place and can be highly profitable. You can raise money with all kinds of fundraising events like parties, galas, sporting events, concerts… and the list goes on and on. BUT the flip side?

Money 130
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64 Online Stores That Benefit Nonprofits and the Greater Good

Nonprofit Tech for Good

For those that prefer to donate money as gifts, consider purchasing a charity gift card from TisBest.org or GlobalGiving.org. Proceeds benefit First Book, a nonprofit that provides new books and educational resources to schools and programs in low-income communities. Online Stores by Nonprofits. 1) ACLU Store :: shop.aclu.org.

Benefit 322
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How Do Nonprofits Make Money?

Qgiv

Of course, donations are a common source of funds for nonprofits, but other than that, how do nonprofits make money? Many people mistakenly assume that the term “nonprofit” means that 501(c)(3) organizations do not make profits. How do 501(c)(3) organizations make money? Raise money through fundraising. What to consider.

Money 52
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Why Nonprofits Should Pay Attention to Web3 and the Metaverse

Nonprofit Tech for Good

Web3 is already changing the way people think about giving out personal identifiable information (PII) online, how they invest and store their money, and what kinds of transparency they expect from companies and brands they interact with online, including nonprofits.

Attention 334