Funding Faith: The Ultimate Playbook for Handling Faith-Based Contributions

In the realm of faith-based nonprofits, effective management of contributions is essential for sustaining the mission, growth, and impact of the organization. With a focus on maintaining transparency, accountability, and proper stewardship, faith-based organizations can navigate the complexities of financial management while fostering a strong sense of community. In this guide, we will delve into…

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How to Keep Your Sacred Space in Good Financial Shape: A Practical Guide to Maintenance, Upgrades, and Community Spaces

Faith-based buildings and properties are more than just physical structures. They are sacred spaces that serve as places of worship, community, connection, and spirituality for many people. However, maintaining and managing these spaces also requires financial planning and stewardship. In this blog post, we will explore some of the financial aspects of faith-based buildings and…

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Mastering Financial Transparency: How to Report Fundraising Expenses Correctly

It goes without saying that, for many nonprofits, fundraising is a crucial element towards achieving its goals. Not only does fundraising generate revenue to support mission-critical programs, it can also provide a valuable opportunity to raise awareness for your cause. Guaranteeing your organization’s success beyond the next quarter requires careful planning and prioritizing, as well…

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BEWARE OF THE DOG: How to Improve Your Nonprofit Organization’s Charity Watchdog Rating (Part 2)

For better or for worse, charity watchdogs (CWDs) play a substantial role in any nonprofit’s reputation. CWDs rate 501(3)(c) public charities based on certain criteria, and both individuals and companies often use those ratings to decide whether to donate to a specific nonprofit organization. Positive ratings often provide a sense of credibility and trustworthiness to…

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What is a Charitable Solicitation License and Do I Really Need Another License?

If your organization asks for donations, guess what? Most states would say you’re engaging in fundraising activities and, if they think you’re engaging in fundraising, they’ll subject you to regulation. An overwhelming number of states regulate fundraising activities through something called a Charitable Solicitation License (CSL). Although it means more forms and another license, it’s designed to provide donors with transparency and to protect the public from misrepresentation and fraud. Each state has its own…

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Accounting for Fundraising Expenses

It goes without saying that, for many nonprofits, fundraising is a crucial element towards achieving its goals. Not only does fundraising generate revenue to support mission-critical programs, it can also provide a valuable opportunity to raise awareness for your cause. Guaranteeing your organization’s success beyond the next quarter requires careful planning and prioritizing, as well…

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