A donor-advised fund (DAF) is a simple, tax-smart investment solution for charitable giving. Donors set up an online account and contribute cash, securities, or appreciated assets. Donors are eligible for a current-year tax deduction and can be more strategic about their giving decisions.
A key component of fundraising is understanding when money is available. Increase your odds of hitting your fundraising goals by understanding the budget cycle and how it impacts your ability to hit your funding targets.
A nonprofit is a business. And a part of running an effective business is leveraging the resources out there to help you manage cashflow. Learn why your nonprofit needs business credit and how to get it.
In these uncertain times, businesses are holding on tight to their wallets. This creates opportunity! Instead of asking for money, create a win-win for you and the donor by helping them to meet their bottom line.
If you're hosting fundraiser events that either barely break even or leave you in debt, you need the Formula for how to ensure your event makes a profit. Listen to today's episode to learn how to ensure your events always makes a profit.
If you're ready to stop dipping into your personal savings to cover your expenses at your nonprofit, then check out this episode. You'll learn what it takes to move your nonprofit from being your hobby (something you do on the side) to you quitting your 9-5 and getting a consistent paycheck from your nonprofit.
If you're self-funding your nonprofit then you can't afford to keep saying "I can't afford to pay for" strategies to help you generate more revenue. A nonprofit is a business. Businesses have expenses. Your growth and revenue will NOT come to you without a cost. Learn a cost-effective strategy for how to fund strategies that will help you generate more revenue in this episode!
Of the top 8 funding sources, grants is number 7. So, why do so many nonprofits focus on getting grants? Because they don't know what they don't know! Learn how to get your nonprofit to sustainable by moving Beyond Grants to learning how to diversify your funding streams for long-term impact and sustainability.
If you are submitting grants to funders who ask for financial statements, you may be mis-representing your organization's financial outlook. Financial statements let funders take a peak into the inner workings of your organization. If you want to ensure your organization is being reflected in a positive light, you may need to engage with a nonprofit accountant sooner than later. Check out this episode to find out when is a good time.
Delivering quality programs are the key to a nonprofit's success. Securing a physical building is a financial commitment that could send a nonprofit into fiancial debt before they get their legging. Learn how to navigate the process of delivering programs and securing a physical space without sending your nonprofit into financial debt.
Development Directors are not just in house grant writers. They have hefty salaries because do a lot of heavy lifting. Learn what all a development director does, when you should consider hiring one, and what are your alternatives in the meantime.
As the Founder, your board is supporting your vision. But do you know what they are supposed to be doing, and how they are supposed to do it? If you're just telling your board they need to fundraise, you're not setting them up for success. Learn how the way you show up impacts the outcomes you get (or don't get) from your board.
The purpose of consultants are to help your organization scale. If used at the right time, you will see exponential growth and development in your nonprofit. But without a foundation to work with, some consultants can turn out to be a financial drain. Learn when is the optimal time to bring in a consultant for your organization.
You don't have to start a nonprofit to make an impact in your community. Especially if you have a for profit business. The world doesn't need another nonprofit! Learn how to reduce up to 60% of your adjusted gross income (AGI) and make 3x the impact 3x faster--without starting a brick and mortar nonprofit!
The IRS uses the Form 990 to determine if a nonprofit is operating as a regulated public charity. Whether or not the organization generates a lot of revenue, they have to submit a form 990 to the IRS so that they know if your organization is operating as a tax exempt organization. Learn all the in's and out's of submiting your form 990 and the consequences if you don't.
Financial statemens help Funders determine a nonprofit's funding readiness. Independent Audits by Certified Public Accountants are what Funders use to get a clear picture of a nonprofit's financial situation. Audits can be costly. But also audits are for organizations at certain budget levels. Check out this episode to learn when you need an audit, and how to circumvent an audit so that you can still apply for a grant requesting one.
Learn which cliches minimizes your work and what to say instead. Learn how to make powerful calls to action that link your request to your organization's success.
Quiet resignation by a generation that turns down 6-figure salaries + health benefits, retirement, and bonuses. What's the future of the nonprofit sector when it can barely provide their staff with part time positions at minimum wage. The impact for the nonprofit pipeline is dim. Learn what drastic steps need to happen to ensure the future and sustainability of the nonprofit sector.
Big problems require big solutions, stipends, honorariums, and lover offerings aren't enough to get you to the finish line. Learn how to stop undervaluing your programs and role as a nonprofit leader by accepting less than living wages for the work.
1099 Part time employees are forced to live from paycheck to paycheck, no health benefits or opportunities for growth despite their dedication and loyalty to your organization. To keep them tethered to a spotty future is not rewarding their sacrfices to your organization and the community. Learn what every Executive Director should be doing to honor the hard work and commitment of their staff.
