Resources
Make better branding your nonprofit’s 2025 New Year’s resolution
January 21, 2025If your not-for-profit wants to make an organization-wide New Year’s resolution for 2025, how about this: Strengthen our brand. Although branding strategies usually are associated with the for-profit sector, they can be just as critical in helping your nonprofit stand out in a sea of organizations seeking funding and attention. What it is Branding uses […]
Should your nonprofit compete, collaborate or both?
January 16, 2025You’ve probably collaborated with other not-for-profits that share your space — maybe on a special event or fundraising campaign. Some organizations go further with formal strategic partnerships that involve sharing staff, facilities and budgets. In other cases, two nonprofits with the same basic mission and values merge permanently. Although the case for collaboration is easy […]
Nonprofit programs: Out with the obsolete, in with the most effective
November 14, 2024How is your not-for-profit’s 2025 program budget looking? Unfortunately, some organizations may have to try to do more with less next year because donations and grants have fallen off. Even if your income is relatively stable or rising, you’ll want to ensure you’re making the most of your budget. Take the time now to review […]
5 reasons to outsource your accounting
November 14, 2024Running a non profit organization is challenging. Executive Directors usually prioritize core operations over tedious accounting tasks. Plus, the accounting rules can be overwhelming. However, access to timely, accurate financial data is critical to your organization’s success. Could outsourcing accounting tasks to a third-party provider be a smart decision? Here are five reasons why the […]
Reminder: Profits and cash flow aren’t the same
October 22, 2024Profitable businesses often experience cash flow shortages, particularly if they’re experiencing rapid growth. Business owners may wonder why they owe taxes when they regularly struggle to find cash to cover their bills. The answer can be found by understanding the key differences between profits and cash flow. Operating activities Profits are closely related to taxable […]