Nonprofit organizations often start with limited resources. Once the finances kick off, multiple nonprofit groups find themselves with an accounting problem. Unique challenges covering funding and expenditures unfold. To stabilize a growing concern, several accounting tools can be utilized. The implementation of accounting tools is invaluable in tracking all the factors … [Read more...] about Accounting Tools for Nonprofits
It's the sort of nightmare tax story many people fear. Louis Goffinet, a 27-year-old, tried to raise $200 on Facebook to help an elderly couple during the pandemic. After raising over $40,000 to support the couple, he received a bill from the IRS for $16,000, stemming from the cash that he had raised. His confusion quickly turned to fear as he tried to figure out what was … [Read more...] about How to Avoid Footing the Tax Bill For Your Facebook Fundraiser
Fundraising can be a very challenging task, but it’s also a very rewarding one. All the effort and hard work you put into raising money for a cause or an awareness will definitely pay off. Whether you’re planning to work with an organization for one or do it all by yourself, fundraising activity is doable with the right amount of effort. There are many different ways to … [Read more...] about How To Start A Fundraiser
"Feeling emotional attachment is quite normal and natural, but those attachments can also become harmful to our overall well being. I don’t need to cling to every dollar. My husband is right, 'there is plenty to go around.' The more I give the more I believe him." Read the full post on: One Frugal Girl … [Read more...] about The Scarcity Mindset: Are You Emotionally Attached to Money?
Here are some of the best tips you can get in order to find the ideal target audience for your fundraiser charity event. The world has many non-profit organizations that focus on helping the most needed citizens of their communities, most of these companies are in need of outside resources in order to stay alive. The way in which these organizations get those resources … [Read more...] about 6 Tips So That Your Charity Reaches the Right Place