Be Your Own Master of Managing Federal Grants Grants for nonprofits may offer a promising solution to funding; however, navigating the complex application and compliance processes can be challenging. In this episode, Patrice Davis, the founder of Grant Works Academy,...
5 Ways To Recession-Proof Your Nonprofit Lately, it’s hard to go more than a few hours—forget about a whole day—without being haunted by the joint specters of recession and inflation. We see the numbers at the gas pump and when we turn on the news. They insert...
Nonprofit Ratings and Increasing Your Impact Nonprofit ratings exist whether you like it or not. Some nonprofit professionals consider outside sources and external parties’ opinions of their nonprofit obsolete. But guess what? Your donors don’t. Ratings...
Before we talk pie–and slices of it–let’s put some questions out there. Revenue diversification is a hot topic, to be sure. But there are quite a few different ways to look at it and even to define it. If your nonprofit lost your largest source of revenue, would...
Reserve funds can be a key financial piece of the puzzle as a nonprofit seeks financial resiliency. But what exactly are reserve funds? Simply put, reserve funds are unrestricted funds set aside from normal operating funds for the nonprofit. It’s an organization’s...