Introduction Becoming a Board Member is a big responsibility and a big accomplishment. This is doubly so if you are young, given that less than 2% of Board Members are under 30 in the United States! The benefits of Board Membership are numerous, including giving you new professional and personal networking opportunities, professional skill development…
Tag: fundraising
Understanding IRS Form 990
Introduction Nonprofit organizations in the US are required to file Form 990 with the Internal Revenue Service (IRS). This is a tax document that the IRS requires, that can help you understand more about a nonprofit that you are evaluating or are interested in working with. If you don’t have accounting training, or haven’t served…
Develop a Fee-for-Service Program to Diversify Revenue
Introduction Does your organization have a fee-for-service program? I recently had the opportunity to sit down with a local United Way chapter that was looking to hire a new executive. Some of the things that we discussed included: A review of their financial statements Importance of development of a planned giving/endowment program Improving the organization’s…
Mobile Giving for Your Crisis Line
Introduction Hi all, after a summer hiatus, I’m back! Mobile giving is all-the-rage these days, especially after natural disasters. We’ve all seen advertisements that say “Text HAITI to 90999” in order to donate $5 to the Red Cross. (That’s a real number.) You might be wondering how you can leverage this concept for your own crisis…
How to Perform Social Return on Investment
Introduction Social Return on Investment (SROI) is a way of measuring the impact of projects or programs that is especially suited to the work that non-profits do. To see the difference, let’s move from a for-profit to a non-profit mindset. A for-profit’s return on investment (ROI) focuses on money only: for instance, $25,000 investment in…