In many sectors, investors are primarily drawn in by one thing — the promise of a great ROI. The non-profit sector is an entirely different beast. People who donate money aren’t expecting a monetary return on investment. Instead, they come away with the knowledge that they’ve helped make the world a … Read More
If you run a non-profit, you’re tasked with convincing people to donate their money or time to your cause. This is arguably one of your most important duties, but it’s far from the only one. If you want your organization to keep inspiring good in the world, you need to master the art of … Read More
The employees at cash-strapped nonprofit organizations work tirelessly to raise money to support worthy causes. Considering Cryptocurrency Donations may provide an alternative funding resource. Donations from corporations to individual households make up the bulk of the cash raised by nonprofits. … Read More
Nonprofits, as well as their counterparts in the private sector, traditionally took care of all human resources matters in-house, from recruiting new talent to retaining productive employees, nonprofit organizations spent the time and money required to complete all HR tasks. Have you ever thought … Read More
Successful nonprofits develop a culture that defines the operations of an organization. Even if your nonprofit has established a proven record and reputation of success, team members can grow complacent, which in turn results in diminished productivity. Like a loaf of fresh bread, your nonprofit … Read More
To compensate or not to compensate board members, that is one of the most difficult questions to answer for nonprofit leaders. Most nonprofit leaders do not even consider compensating board members, but several reasons make paying your nonprofit’s most valued consultants a good idea. Develops … Read More
Volunteers represent the heart of a nonprofit organization. Without a group of dedicated volunteers, your nonprofit would not have the financial resources to achieve its goals. However, volunteers present a liability risk, from a volunteer sustaining one or more injuries while onsite to several … Read More
Economic indicators can leave the leaders of nonprofits confused as to the financial direction their organizations are heading towards being in awry causing both short and long term effects. The current status of the American economy is especially difficult to figure out. On the one hand, we have a … Read More
A nonprofit's employees within an organization are highly vulnerable to cyberattacks. Because of a lack of financial resources, many nonprofits do not have the money to invest in the most advanced cybersecurity tools to combat hackers. However, money is not the only factor preventing nonprofit … Read More
Nonprofit and for-profit organizations share many similarities, such as analyzing key performance indicators (KPIs) to determine the level of success. 4 ratios worth watching is an example of a KPI for a nonprofit organization is to determine whether you have reached a fundraising goal. Leveraging … Read More