Just as the gauges on a car’s dashboard provide crucial information about its performance and physical condition, operating reserves serve as a vital indicator of a nonprofit organization’s financial health and as a measure of stability. Operating reserves give a clear view of an organization’s capacity to sustain its operations and weather financial uncertainties.| The ENGAGE Blog by Blackbaud
In this post, you'll learn why diversifying your funding matters and get tips and ideas for starting the conversation with your counterparts in development.| The ENGAGE Blog by Blackbaud
It’s budget season, but this year will be different. Here’s how you can put your fund accounting software’s budgeting and forecasting tools to work for you.| The ENGAGE Blog by Blackbaud
Automated payments are the next step in AP. Learn how they work in fund accounting and how AP automation can benefit your nonprofit organization.| The ENGAGE Blog by Blackbaud
Nonprofit financial statements are critical for accounting compliance and assessing your organization’s financial health. Learn how to create them here.| The ENGAGE Blog by Blackbaud
Here is an action plan for approaching the current uncertainty around federal funding, as well as practical steps and detailed guidance for nonprofits.| The ENGAGE Blog by Blackbaud
Learn why budget scenarios are essential tools for organizations to help them navigate financial uncertainties and plan for various outcomes.| The ENGAGE Blog by Blackbaud