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Tag: Nonprofit

What is a Restricted Grant and How to Handle It? – A Nonprofit Guide

What-is-a-Restricted-Grant-and-How-to-Handle-It

The restricted grants in Nonprofits are the reserved funds designated by donors to be utilized only for specific purposes. The purpose and the time to use the funds are determined by the donor, giving them assurance their gifted money is being used as they wish. If you donate money to a Nonprofit today and want that money to be used for a particular event next year, the organization records your donation as a restricted fund in their books.

fund accounting, Nonprofit, Restricted fund, Restricted Grant

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A Quick Guide For Growing Your Nonprofit’s Social Media Presence

Your nonprofit may not have the 15 million followers on social media that you dream of. Maybe you’re struggling to break the 100 follower mark. Whatever the case may be, the good news is there’s no better time for you to increase your outreach and your followers. Social media is constantly moving forward and you can too by discovering the right approach with a solid plan.

When developing a strong content strategy, there are three key areas where nonprofits often fail. For one, nonprofits often assume the goal of social media is to be a good source for revenues and donations; two, they believe they need to be relevant to a broad audience; and, finally, their content is erratic and only highlights events or charity works. If you want to generate a powerful online presence through Facebook, Twitter, or LinkedIn, here’s how you can avoid these problems.

Nonprofit, Social Media

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How your nonprofit can find a rockstar accountant

How your nonprofit can find a rockstar accountant

As we gear up for one of the most stressful times of the year for personal and business finance, one of the last things we want to worry about is whether the accounting professional that we’ve put our nonprofit’s faith into will be able to deliver on their promises.

Especially for smaller organizations who may be looking for an external partner to ensure compliance with IRS regulations as well as properly stewarding their donors in a new environment around charitable deductions, finding the right nonprofit accounting specialist is vital to long term growth.

Where can your organization start their search for an accounting professional who can help chart the path to growing your mission’s capacity? Let’s unpack a few strategies to help guide your organization through this common issue.

Accountant, Accounting, Donations, Nonprofit, Nonprofit Accounting

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3 Conferences Every Nonprofit Must Attend in 2019

There are over 1.5 million nonprofits in the U.S. alone. Yet, the success rate for a nonprofit is typically low. Like with any business, there are many factors at play working against you. Oftentimes, it’s due to a lack of vision, a lack of trust from donors, and not having enough well-established relationships with clients. All great nonprofits have had to overcome these adversities.

That’s why conferences are vital for growing nonprofits. They’re a place where you can get advice from other nonprofits who face similar issues. They give you a chance to network more with other causes. You can find nonprofits like your own to exchange ideas with and hopefully increase your passion to change the world.

However, attending every conference would be expensive and nearly impossible. You need to know which ones are the most important in guiding your nonprofit in the right direction. So, we compiled a list of the three conferences your organization can’t afford to miss in 2019. We also added some places you should visit to keep you entertained if you happen to catch a break.

So, let’s begin.

Bridge, Conferences, NIO Summit, Nonprofit, NTEN

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