It can be difficult for non-profit organizations to value non-cash and in-kind donations. There are several purposes for valuing donations including record-keeping or providing a value for charitable tax deduction. Either way, your non-profit’s tax needs will likely include valuing donations at … Read More
Choosing the Right Insurance for your Non-Profit
Risk management is important for every organization to integrate into their operating strategy. Insurance is the cornerstone of any risk management plan, including your non-profit organization’s financial plan. While insurance cannot protect your organization from every adverse situation, it is … Read More
Infographic: Planning expenses
Infographic: For 2018, the threshold for itemizing medical expenses is only 7.5% of AGI. … Read More
How to Keep Volunteers Coming Back to your Non-Profit
While it may be easy to attract motivated volunteers to your organization, it is much more difficult to transform that energy into a dedicated, long-term group of volunteers. And that evolution is worth it - Independent Sector, a non-profit advocacy organization, puts the value of the average … Read More
How to know if your Non-Profit’s Special Event should be Repeated Next Year
Non-profits use special events to raise large amounts in a short period of time. Most often, the donor receives a direct benefit from the event — such as dinner or participation in a gaming activity. But special events don’t always meet their fundraising goals. In fact, organizations can lose money … Read More
Considering Whether to Compensate your Non-Profit’s Board Members
Non-profit board members are legally able to be compensated, and sometimes it might even be necessary. But is it right for your organization? Strengthen Governance: Empower Non-Profit's Board Members. Explore insights for effective leadership, collaboration, and mission-driven success. Pro and cons … Read More
Revisiting the Donor Bill of Rights to Help Evaluate Fundraising at your Non-Profit
The Donor Bill of Rights was designed about 25 years ago to provide an outline of best practices for fundraising in non-profits. While the list has been criticized for being out of date today or not being comprehensive, its basic principles are worth revisiting. Incorporating lessons from the Donor … Read More
Analyzing Revenue like an Auditor can help Non-Profits Optimize Fundraising
Auditors are specialists in understanding how revenue is generated and allocated. They will spend a lot of time analyzing revenue figures, reviewing the methods used to record revenues, and performing a detailed income analysis. Non-profits can learn from auditing techniques to improve their … Read More
Nonprofit Annual Reports – Guide to Building a Great Report
Annual reports help nonprofits keep their donors and volunteers informed and up to date. A well designed report can have a tremendous impact on potential donors, so be sure to take your time and make every word or image count. To help you create the best annual report possible, we have compiled some … Read More
Is Your Fundraiser Profitable? Best Practices for Measuring Fundraiser ROI
As your nonprofit begins to prepare its taxes, it is also a good time to conduct a fundraising audit. A fundraising audit, will aide in developing a data-driven strategy to help your organization and fundraising efforts expand and grow. Below is a list of what to include in your fundraising audit … Read More
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