Is Your Nonprofit’s Spending Policy Still Working?
A thoughtful spending policy helps nonprofits balance today’s funding needs with tomorrow’s financial stability. Now is an ideal time to evaluate whether your current approach supports your mission. Here’s a…
Approaching a Nonprofit Merger with Intentionality
A merger of nonprofit organizations can provide many benefits — but only when organizations enter the process with clear goals and conduct careful due diligence. Here’s what to consider. Why…
Giving Circles Can Expand Your Nonprofit’s Donor Base
Today’s donors increasingly want to play an active role in deciding where their charitable dollars go. That’s one reason giving circles — groups of individuals who pool their contributions and…
Helping Your Nonprofit Board’s Financial Literacy
Board members don’t need accounting credentials to provide effective oversight. In fact, many nonprofit boards are intentionally composed of individuals with diverse backgrounds in fundraising, program delivery, community leadership, marketing,…
Is Your Nonprofit Properly Insured?
Insurance is a critical part of a nonprofit’s overall risk-management strategy. From protecting employees and volunteers to safeguarding facilities, programs and financial resources, the right coverage can help your organization…
Strengthening Your Nonprofit’s Cash Flow
Many nonprofits experience financial challenges. Even organizations with healthy fundraising can face cash shortages if money isn’t arriving when it’s needed. Whatever your organization’s situation, better cash flow management can…
Weighing the Financial Impact of Nonprofit Mission Drift
Written by the Nisivoccia Team Mission drift often happens gradually, especially for nonprofits that have served their communities for many years. As community needs and funding priorities evolve, nonprofits often…
The Pros and Cons of Alternative Investments for Nonprofits
As your not-for-profit looks for new ways to strengthen long-term financial performance, you might be considering alternative investments. They boost diversification and can provide higher returns than traditional investments. But…
Is An Advisory Board the Right Solution for Your Nonprofit?
Written by the Nisivoccia Team Nonprofits often face challenges that require specialized expertise, broader community representation or fundraising connections beyond what their governing boards provide. An advisory board can be…
How Nonprofits Can Better Retain Memberships
Written by the Nisivoccia Team These days, many people are evaluating recurring expenses and deciding which memberships deserve a place in their budgets. At the same time, members increasingly expect…