Tag: nonprofit financial management

The New Reality for Nonprofit Funding For decades, nonprofits have relied heavily on a mix of grants, donations, and government funding to sustain their missions. But as global philanthropy evolves, […]

The Silent Financial Tool Behind America’s Nonprofits For decades, nonprofit leaders have quietly endured a financial paradox: they run organizations that provide some of the most essential services in society—housing, […]

There’s a common misconception that all nonprofit workers care so much about the nonprofit’s cause that they should be paid less than employees of for-profit companies; however, as with any […]

Building a solid credit history is vital for nonprofit organizations. Establishing and maintaining good credit demonstrates financial responsibility and helps secure future funding options when needed. Some foundations issuing grants […]

Having a reserve at the end of the year is good for a nonprofit, especially since the cash flow of a nonprofit’s money substantially fluctuates throughout the year. A crucial […]