When organizing a special fundraising event, tax reporting might not be your top priority. However, it’s crucial for your non-profit to diligently monitor revenues, expenses, and keep relevant documentation to
In the early days of cryptocurrency, when it was still a relatively new and unfamiliar concept, many non-profits chose not to accept donations in this digital form. However, as time
Many non-profits naturally develop a distinct culture as they evolve, which ultimately shapes their identity. However, even if your organization boasts a track record of success and a reputable standing,
Despite your non-profit’s possibly lackluster recent fundraising efforts, just one high-net-worth donor can transform your year and make it a fundraising success. Therefore, the question is: How do you reach
Public charities, or 501(c)(3) organizations, depend on support from multiple public sources, including individuals in their communities. Therefore, if your non-profit isn’t frequently communicating (and via the right channels) to
If your non-profit sets performance objectives, which is recommended for most organizations, it’s essential to have benchmarks in place to assess your progress. Initially, your staff members and board may
Non-profit organizations are dedicated to pursuing nonfinancial or philanthropic objectives rather than generating profits or build value for investors. However, they must still maintain oversight of their financial well-being. This
Are your non-profit’s accounting processes functioning perfectly — with no errors, delays, or other inefficiencies? If yours is like most, then probably not. But it can be better if your
If you have a smaller non-profit and you’re using the cash basis of accounting, it may make sense for your organization — at least at this stage. Many smaller non-profits
If you don’t properly train your employees, your non-profit can’t consider its cybersecurity program. If employees visit ‘dangerous’ websites, mix work and personal accounts, or can’t recognize a social engineering
