The language we use to name things has become increasingly important. Not so much because of definitions, but because of perception. Sometimes just changing a few words gives people an entirely different perception of whatever it is those words represent. Some nonprofits are finding that calling themselves community benefit organizations is changing the public perception and promoting their mission.
When Tim Worstall, Fellow at the Adam Smith Institute and Forbes contributor, called Microsoft Excel “the most dangerous software on the planet,” he had a good reason.
You want your organization to be cutting-edge, but your board might be hesitant to shell out cash for every new piece of software hitting the market. These days you can automate nearly any accounting task if you have the resources, but how do you know which technology to adopt? At the core of this dilemma are three critical needs that all nonprofits must address—raising money, monitoring results, and keeping track of your funds. These three processes deserve the best software to help your cause.
While state laws vary, it’s likely your nonprofit organization will come up against an audit. Whether it’s an audit by the IRS or an independent audit, it’s going to take time and money away from your cause and distract you from your mission. Audits don’t have to be a stressful experience. With a few key tips, you can lower the stress level in the office, and get back to the work you love. Here are four tips to make the audit experience easier for you and your organization.
Nonprofit organizations have unique challenges they have to face in today’s world. Everything from donor retention to keeping track of all the funds coming and going from your organization can be tricky. As a leader in your nonprofit, you are often the one to face these challenges and are responsible for successfully overcoming them.
Here are three common challenges nonprofit leaders face today.
Your nonprofit organization adds some good to this world. You, your employees, your volunteers, and those your organization serves, all know how much good your organization does. They know where your revenue goes and they trust you will continue to use it wisely. But what about potential donors, grantors, and certain governing bodies? How do you present your organization’s financial information to them?
