Restricted vs. Unrestricted Funds: Making the Most of Every Dollar
Carey & Co | December 17, 2024
Practical Approaches to Managing Restricted and Unrestricted Nonprofit Funding Not all dollars are created equally. And for nonprofits, effective fund management is critical to achieving...
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(Crisis) Communication for Nonprofit Executives
Carey & Co | December 13, 2024
Key Steps for Transparent and Compassionate Communication for Every Occasion We’ve all seen it: the way nonprofit leaders communicate can make all the difference between reassurance and lost...
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Never Hide the Ball: Sharing Financial Data with Your Nonprofit Team
Carey & Co | November 14, 2024
How to Communicate Financial Realities in Ways that Build Trust and Understanding Leadership often necessitates discretion and confidentiality, but discussions of finances—especially in times...
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End-of-Fiscal-Year Financial Wrap-Up: Best Practices for Nonprofits
Carey & Co | November 12, 2024
Practical Tips for Closing Out Your Nonprofit's Fiscal Year Closing out the fiscal year can be quite a task for any nonprofit. But getting all financial activities accurately reconciled and...
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Nonprofit Mergers and Acquisitions: Financial and Strategic Considerations
Carey & Co | October 24, 2024
Mergers and acquisitions (M&A) within the nonprofit sector are transformative strategies that offer significant potential for growth and impact. Unlike their for-profit counterparts, nonprofit...
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Automating Accounts Payable for Nonprofits: Where to Start When You’re Overwhelmed
Carey & Co | October 22, 2024
Simplifying AP Automation for Nonprofits: A Beginner's Guide Considering automating your nonprofit’s accounts payable (AP) but feeling overwhelmed? You're not alone. Many nonprofits hesitate,...
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The Nonprofit Executive’s Guide to Planning an Annual Board Retreat
Carey & Co | September 24, 2024
Let's call them what they are: board members are volunteers with high expectations. Planning an annual board retreat is a Herculean task—your organizational skills will be on full display. If...
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Fast, Cheap, and Good: Management Secrets to Leveraging the Iron Triangle
Carey & Co | September 19, 2024
Master the Art of Balancing Quality, Speed, and Cost in Nonprofit Projects Imagine launching a critical project for your nonprofit, knowing you must deliver outstanding quality without exceeding a...
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Kickstarting the Fiscal Year: Essential Nonprofit Budgeting Strategies
Carey & Co | September 17, 2024
As the fiscal year dawns, your nonprofit's financial strategy plays a pivotal role in achieving your mission. Effective budgeting not only ensures financial health but also aligns your resources...
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