Management Features

Management Features (308)

Trending Nonprofit Areas for the Rest of 2020

The year 2020 has been a year of many negatives in almost every industry. Just like any other, nonprofits have not been left out in facing these challenges. Despite the tough beginning, things are moving well, and nonprofits must understand the trends so that they can adequately measure up to the changes in the industry for the remaining part of 2020 and beyond. Below are trends that you should expect going forward as predicted by industry professionals.

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When Home is Not a Safe Place: Online Help for Those At-Risk During Shelter-in-Place

As shelter-in-place ordinances extend across the world, many people are struggling to find refuge in safe harbors outside their homes. Because, for some, home is not the safest place. In these trying times, nonprofit organizations around the nation are using technology to help the people who need it the most.

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How to Save Resources on Payroll Services

As your company grows, your payroll becomes even more complex.Businesses can lose valuable time settling employee balance sheets when they could be increasing revenue. Business owners should instead can explore several accounting options. These include:

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Nonprofit Leaders Should Take These Steps Now

The year 2020 is perhaps the toughest year for every business, and nonprofits have not been spared. The extent of destruction and pain that the COVID-19 pandemic has caused is unimaginable, and this might just be the beginning. In the United States alone, more than 50,000 lives have been lost, and millions of livelihoods torn apart due to the after-effects of the pandemic. This might just be a tip on the iceberg as many losses are yet to be witnessed. As companies continue losing money, and employees get furloughed, nonprofits are facing many challenges that they have never experienced before. Nonprofits have offered essential support for people to get through crises before. As they carry on with their operations, they should expect their funding to reduce significantly due to economic slowdown. Owing to the changes that have been occasioned by the COVID-19 pandemic, nonprofits should take the following measures:

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Remote Fundraising Tools are Available and Critical

When it comes to using remote tools to support workforce, nonprofit sector organizations appear to have been left behind compared to technology companies. This is due to technology and infrastructure costs that are often high or unavailable at all. The truth in this, however, is that there are many advantages that remote tools can offer. They can enhance productivity and can help nonprofits do highly critical tasks and increase their funding altogether. According to a report by the National Center for Charitable Statistics, the amount of donations continues growing, but the number of nonprofits has also increased. The US alone has more than 1.5 million active charitable organizations that conduct different fundraising activities. Due to this surge, nonprofits must find ways to articulate their cause and compel donors to give more if they are to remain viable. This can only be achieved by using digital tools that connect potential donors to different causes.

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What Nonprofits Need to Know About Prepaid and Gift Cards ASAP

Many nonprofits are facing an unprecedented demand to distribute much-needed aid ASAP. But traditional methods like issuing, printing and mailing paper checks can be too slow and cumbersome for those that need help now. A faster, convenient and more versatile solution is loading funds onto prepaid and gift cards so they can be used quickly.

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How Nonprofits Can Keep Their Data Secure While Staying Under Budget

With the COVID-19 pandemic sweeping the nation, nonprofits and enterprises alike should look to ensure that their data privacy processes are up to date now more than ever. According to a recentsurvey conducted byFormAssembly, 78 percent of those in the nonprofit sector felt it was very or extremely necessary to ensure consumer data privacy for their organization. 

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Nonprofit Tech Challenges You Need to Address Now

Operating a nonprofit organization can be highly rewarding but can equally be challenging. In a  world where technology determines many operations, leaders of nonprofits have a lot on their plate, from ever-changing technologies to shifts in government regulations. Although many things keep coming up, nonprofits must always focus their efforts on updating their technologies, taking into account the fact that technology has always become the least among their priorities in the past. With the increasing cybersecurity issues in the corporate environment today, nonprofits must always stay abreast with changes that may impact their operations. While doing so, many nonprofits face tech-related challenges, some of that tend to affect their authority.

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Guidance for Churches and Faith-based Nonprofits Experiencing Financial Turbulence Due to COVID-19

 Like so many other organizations affected by the COVID-19 pandemic, churches too are feeling the impact. First it was social distancing and the deterrent of large group gatherings. Then, the cancellation of in-person services followed by the cancellation of weddings and funerals, and stay-at-home orders. In many communities, the church is the epicenter of their beliefs, social circles, outreach, and an extension of the family unit. Now, so many church and faith-based nonprofit leaders are scrambling to stay spiritually connected to their congregants while also maintaining financial stability.

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Giving Recedes Slightly in 2019 After Surge in 2018

Giving decreased nominally by 1.4 percent in 2019 compared to 2018, but remained 6 percent higher than in 2017, according to the Fundraising Effectiveness Project’s 2019Fourth Quarter Report. The losses in donations were focused during the months of April to June of 2019, where giving year to date was down 5.7 percent through June. The charitable sector spent the remainder of the year climbing out of that deficit before ending up at a total loss of 1.4 percent.

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