Financial analysis can help evaluate corporate performance and is also useful for making investment decisions. Nonprofits can adopt the strategy to prioritise credit analysis and lending decisions in addition to financial planning and budgeting. Breaking down financial data will tell you whether or
Are you seeking the best recruitment platforms for your nonprofit organisation? In this article, we will highlight some of the most outstanding platforms for your consideration. Mobilize makes it easy to both manage events and find volunteers Beyond just finding volunteers, Engaging Networks
Financial analysis software can assist accounting departments in ensuring data accuracy and measuring financial KPIs. Likewise, the information may subsequently be used to forecast an organisation’s financial trend in the future. Financial analysis helps you to understand the performance of your nonprofit and
Instagram is a great platform that allows you to increase and expand your audience reach. Likewise, nonprofits can leverage Instagram’s peer-to-peer fundraising tool to accomplish various fundraising objectives. With the peer-to-peer fundraising option, you can empower your supporters to fundraise for your organisation.
Community outreach, at its essence, helps communities function better. Also, outreach activity is one great way to impact societies which in turn helps to promote community development. Outreach programs can help create a workplace culture of community service. Outreach programs allow an organisation
GiveWell is a nonprofit organisation whose mission is to identify exceptional giving opportunities. Essentially, the GiveWell grant seeks to assist donors in making informed decisions by making available all the information gleaned from its analysis. Hence, by prioritising some of the best charities, donors can
Organisations can undertake their strategic plans with the use of digital tools like strategic planning software. Essentially, these tools allow you to set objectives, formulate plans, monitor advancement, and conduct scenario analysis, among others. Hence, planning procedures can be made more orderly and cohesive by
Nonprofits can leverage strategic planning as a powerful tool to create sustainable impact. It also provides an effective way to navigate change in the rapidly changing industry space. Over the years, NGOs have evolved to become important change agents due to their extensive sphere of
Determining the future direction of an organisation is only one aspect of strategic planning. A strategic plan, first and foremost, defines the organisation and offers specific steps to accomplish its objectives. Also, a strategic plan enables the organisation to maintain its basic goals and values
I Introduction Financial analysis is critical to a nonprofit as it is a yardstick for evaluating its financial health. The core of a nonprofit organisation comprises members, funds, and a mission. Hence, since an NPO’s mission is the driving force behind its existence, it makes sense
I Introduction Two essential characteristics are used by the Project Management Institute (PMI) to define a project. Firstly, every project is temporary. Also, a project
Nonprofits can leverage strategic planning as a powerful tool to create sustainable impact. It also provides an effective way to navigate change in the rapidly
The right resources are required if your nonprofit wishes to stay on the cutting edge and take advantage of all that artificial intelligence has to
The future of nonprofit management is becoming more and more entwined with the changing landscape of nonprofit software. Primarily, this has resulted in a drastic
Due to their tight budgets and resources, small NGOs sometimes struggle to hire and retain qualified staff. A crucial link is provided by pro bono