Published date: 06-13-2023
Last updated on: 06-13-2023
Annual audits offer numerous benefits for nonprofits, including improved financial accountability, enhanced internal controls, compliance with legal requirements, increased donor confidence, informed decision-making, and positive public perception. By conducting regular […]
Published date: 11-21-2022
Last updated on: 12-05-2022
To make informed financial decisions, nonprofit leaders should learn to read and understand their financial statements and reports. The nonprofit’s financial statements help you understand the organization’s current financial standing […]
Published date: 08-14-2022
Last updated on: 10-01-2022
Every successful nonprofit organization has a budgeting process. As a nonprofit planning to scale, grow and become sustainable, you must put considerable effort into your budgeting activities. Budgeting is the […]
Published date: 01-27-2021
Last updated on: 10-06-2022
Lines of credit for nonprofits can be used for a multitude of scenarios, but most often a line of credit is used to address emergencies or opportunities that can be […]
Published date: 12-22-2020
Last updated on: 03-26-2025
The term “capital campaign” was originally associated with brick-and-mortar efforts, such as fundraising for buildings and facilities. However, capital campaigns are actually organized fundraising efforts designed to help nonprofits achieve […]
