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multiple revenue streams

Mixing Business and Charity

SUSTAINABILITY. That’s been the buzzword around the nonprofit space for over a decade. Organizations everywhere are looking for ways to build-in revenue streams to supplement, or even replace, traditional donations. The reality is, no matter how appealing the idea is,…

Recordkeeping Basics for Nonprofits

Recordkeeping Basics for Nonprofits

There’s a well-worn cliché that says, “If it’s not in writing, it didn’t happen”.  When it comes to your nonprofit, no truer statement was ever uttered!  But, unless you are the uber-organized type who just instinctively writes everything down, documentation…

Nonprofit Unrelated Business Income Explained

Nonprofit Unrelated Business Income Explained

There are few topics that generate more confusion to nonprofit managers than unrelated business income (UBI).  It is also one of the areas than can cause the most problems for your organization.  It can cost you money in the form…

Overcoming Common Nonprofit Compliance Pitfalls

Overcoming Common Nonprofit Compliance Pitfalls

Running a highly effective nonprofit organization is no small feat. The mission-driven focus of nonprofits places a high demand on resources, time, and energy. However, in the process of making a difference, many nonprofits find themselves grappling with compliance issues…

5 Reasons Why Nonprofits Fail

Top 5 Reasons Why Nonprofits Fail

Here’s a factoid you’ve probably heard before:  The majority of small business startups fail within the first 5 years.  Sadly, the same is true for nonprofits.  There are a multitude of factors that come into play that help to determine…

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