Management Features

Management Features (284)

Technology, Education, and Nonprofits in the Time of COVID-19

Since March 2020, teachers and schools have faced a host of challenges involving COVID-19. From student connectivity to conducting group discussions online, remote learning has been a learning exercise: an exercise for nonprofits—namely, public schools—in redefining education and the approach teachers take toward shaping the classroom experience.

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Modern HR and Payroll Systems Enable Nonprofits to Deliver on the Mission

As nonprofits, we set out with a mission to serve others. But to achieve that mission, we need to set up systems to care for and grow our most important asset – our people.

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Get More From Your Employees

Employees are a critical part of any organization. Without the right employees and in the absence of motivation, they are likely to perform dismally, and the vision and mission of your organization might suffer. For nonprofits, employee retention should be an important area of focus. In a sector where high operating costs can affect the delivery of service, high employee turnover could affect operations. A 2019 State of the Nonprofit Workplace report by Bloomerang shows that the nonprofits turnover rate stood at an average of 19%. According to the Nonprofit Leadership Alliance, high turnover is not just the amount associated with the staff entering and leaving.  

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Check the Success of Your Nonprofit

Building a strong, successful nonprofit that people can trust is not easy. However, sustaining an already existing organization is even harder, especially in a world filled with ambiguities. Despite the challenges, nonprofits must remain stable and relevant in the ever-changing landscape. To succeed, nonprofits must have a passionate volunteer base, strong and committed leadership, and adequate finances to run their operations. Although these are the main areas that a nonprofit should address, they are not the only ones. Rather as a nonprofit leader, there are a number of positive traits you need to bring in place to ensure your nonprofit succeeds in a tough environment. Here are some characteristics of a successful nonprofit that you need to look into.

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Nonprofits and Money

The primary reason most nonprofits suffer is that they don’t have enough money to continue their missions. That’s right, even though you may have the best intentions in the world, if you can’t persuade donors to contribute to your cause, you will inevitably fail. This problem can be solved by understanding what motivates people to give money. To help with this, researchers conducted a study titled “Impact of motivation on donation behavior”.

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Make Your Summer Fundraising Activities Fun

As we move closer to yet another summer characterized by great weather and amazing outdoor activities, there are opportunities that you should consider taking advantage of for your fundraising. This could mean a lot for a nonprofit seeking to collect money for particular causes. The key here is to get your donors as excited and involved as possible while encouraging them to bring in their friends and family. While many approaches exist, there are no better ways than using creative fundraising events. Here are some creative methods to make your summer fundraising fun.

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Manage Your Interactions With Your Constituents

Gathering input from individuals, communities, and families is critical for nonprofits. This is known in the nonprofit organizations’ circles as constituent engagement. This process allows individuals, families and communities to state the issues that they think need to be addressed by organizations. With the information collected from the engagements, organizations can develop programs and measure the success of the already in place initiatives.

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Nonprofits Are Turning to NFTs for Revenue

There has been a lot of talk about Non-fungible Tokens (NFTs) over the past year. This buzz reached its peak in March 2021 when digital artworks began making tidy sums of money in sales. Since then, different groups of people have purchased NFTs, and hundreds of online marketplaces have emerged offering services for purchasing and selling NFTs. Given the amount of money in NFTs and the world of digital art, many industries and individuals have begun considering it. Among those who have shown interest in NFTs are the nonprofits and their benefactors, who have seen the possibility of leveraging this new technology for charitable works. Since this technology is new and not known to many, it is important to understand what it is and how nonprofits can benefit from it.

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Your Challenges for This Year

The past three years were the most challenging ever witnessed in human history due to the COVID-19. For nonprofits, the challenges were even bigger, considering the number of people in dire need of humanitarian assistance. With the social distancing regulations in effect, nonprofits were also forced to find new ways of interacting with their volunteers, staff and donors, and the community with whom they operate. These measures meant that most of the staff of these organizations had to work from home. As we enter the new year, 2022, we expect to see nonprofits taking measures to ensure that challenges that emerge in the future do not affect their operations again. Here are some challenges that nonprofits are facing in 2022.  

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What Makes It a Nonprofit?

When starting a business, you are likely to come across many phrases, key among them some terms like “nonprofit” and “not-for-profit” often thrown around. While it can be easy for you to assume that they mean the same, they are actually different from each other. That is why you need to understand it properly before you embark on the company registration exercise. The differences between the two have implications on taxation, governance and functions. While the two are close, they contrast with for-profit organizations. Here is what the terms mean so that you can understand which one is the right one for your business venture.

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