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Financial Benchmarking for Nonprofits: 4 Industry Standards

2025-08-04T09:57:59-04:00

Nonprofit leaders rely on accurate financial insights to make smart decisions that advance their missions. However, without defined benchmarks, it can be difficult to determine whether your organization is on track to meet its fiscal goals. Financial benchmarks are performance targets derived from accounting data or industry standards. Nonprofit leaders can compare their organization’s performance to these targets to reliably gauge their organization's health. These insights can also be useful when creating strategic plans, compiling key reports, or justifying financial decisions to board members. This article explores the financial metrics every nonprofit should monitor and how to apply them at your [...]

Financial Benchmarking for Nonprofits: 4 Industry Standards2025-08-04T09:57:59-04:00

A Quick Nonprofit Event-Planning Guide For Virtual Events

2025-07-08T08:45:02-04:00

Nonprofit events come in all shapes and sizes, and the type of event you choose to host largely depends on your organization’s unique audience, resources, and goals. However, virtual events consistently prove a useful tool to engage with donors and expand your reach. Virtual events erase geographical barriers, letting supporters from across the country and even the world engage with your organization. They also eliminate the need for fixed expenses commonly seen in in-person events, such as venue and catering, leaving more budget for programs that expand your mission. Best of all, any nonprofit can run a successful virtual event to [...]

A Quick Nonprofit Event-Planning Guide For Virtual Events2025-07-08T08:45:02-04:00

3 eLearning Trends Associations Should Watch Out For in 2025

2024-12-20T14:02:28-05:00

For many associations, the end of the year is characterized by holiday-themed events and year-in-review recaps. However, this is also the time to look toward the upcoming year. The eLearning landscape evolves constantly, and associations must stay ahead of the curve to maximize the value they deliver in the new year. In this guide, we’ll unpack three eLearning trends associations should watch closely in the upcoming year for ideas to future-proof your educational offerings. Learning management systems (LMSs) are the most popular way to deliver eLearning content. 78% of associations leverage a learning management system (LMS) to deliver eLearning content—and for [...]

3 eLearning Trends Associations Should Watch Out For in 20252024-12-20T14:02:28-05:00

Faith-Based Finances: How to Budget for a Women’s Ministry

2024-07-22T16:13:56-04:00

Budgeting is a crucial part of sustaining your women’s ministry. After all, you need reliable funding to plan and execute all of the activities you’ll use to reach women in your church and community. Whether you lead a women’s ministry that doesn't have a treasurer or you’re in a financial role and looking for budgeting tips, this guide can help. In it, we’ll explore four key steps your women’s ministry should take to budget its finances effectively and make the most of its resources. 1. Understand your ministry’s financial needs. Every women’s ministry has unique financial needs based on the group’s [...]

Faith-Based Finances: How to Budget for a Women’s Ministry2024-07-22T16:13:56-04:00

4 Best Practices for Managing Advocacy Group Finances

2024-05-24T07:27:25-04:00

Effective financial management is essential for any organization. No matter your purpose, well-managed finances yield data-driven insights that allow those in financial positions to plan and achieve the organization’s goals. Financial management is especially important for advocacy groups since these organizations tend to work under tight budgets and face greater challenges with maintaining public trust. To help, we’ve compiled this list of four best practices your advocacy group can implement to manage its finances more effectively. 1. Establish clear financial policies As various team members interact with your advocacy group’s finances, they’ll need clear guidelines for handling money within your organization. [...]

4 Best Practices for Managing Advocacy Group Finances2024-05-24T07:27:25-04:00

How to Manage Payroll for Your Staff: A Nonprofit Guide

2024-02-23T14:24:15-05:00

Whether you’re investing in fundraising software or paying for programs to fulfill your mission, your nonprofit’s budget requires careful allocation of expenses. Payroll is one of the most significant of these expenses, not just because it’s a necessity but because staff members deserve fair compensation for their professional dedication to your cause. This means you must carefully allocate your payroll expenses—but how? In this guide, we’ll explore how to manage payroll for your staff. Let’s get started! 1. Track employee hours. The first step to effectively manage staff payroll is to gain a holistic understanding of your employees’ efforts and compensation. [...]

How to Manage Payroll for Your Staff: A Nonprofit Guide2024-02-23T14:24:15-05:00

Consolidating Your Data: 3 Strategies for Nonprofits

2024-01-24T13:15:53-05:00

Nonprofits, large and small, collect and analyze data from various sources. Donor data, such as contact information and past giving behavior, enhances donor management and allows organizations to appeal to supporters’ unique reasons for giving. On the other hand, financial data keeps nonprofits organized and aware of the health of their operations. By properly collecting and analyzing data, these insights can be used to forecast donor behavior and even project fundraising revenue. Data consolidation provides a strong foundation for this by ensuring all nonprofit data is accurate, up-to-date, and integrated on a single platform. In this guide, we’ll discuss strategies nonprofits [...]

Consolidating Your Data: 3 Strategies for Nonprofits2024-01-24T13:15:53-05:00

Nonprofit Budgeting: How to Shop For Fundraising Software

2024-01-22T08:42:18-05:00

Whether you’re looking for a platform to collect fundraising data, automate marketing messages, or simply streamline giving for donors, choosing the right fundraising software is critical to your nonprofit’s ability to raise support. If you’re not sure how to start your search or what to look for, this guide is for you! Let’s review the five steps to shopping for fundraising software to help your nonprofit find the perfect solution. 1. List out must-have features To kick off your search, you’ll need a clear understanding of what you’re looking for in fundraising software. When it comes to choosing one platform over [...]

Nonprofit Budgeting: How to Shop For Fundraising Software2024-01-22T08:42:18-05:00

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