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Funding Your Mission: 4 Nonprofit Financial Management Tips

NXUnite

Your team likely plans and launches multiple fundraisers throughout each year to bring in enough revenue to fund the various initiatives associated with furthering your mission. Let’s break down the two sides of an operating budget—revenue and expenses—in more detail. Let’s get started!

Tips 130
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Member Retention Strategies For Professional Associations

Association Analytics

Achieving a stable membership will increase your association’s revenue growth and make it easier to recruit new members. Standardize retention calculation: It’s difficult to tell how strong your member base is at any given time if there’s no standardized method for counting it.

Strategy 169
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How to Prepare a Business Case for a New LMS

WBT Systems

Your argument for a new LMS has to be rock solid, so first we’re going to explain how to prepare a business case for a new LMS. Then, in our next post, we’ll explain how to make a compelling presentation of that case. How is your existing learning platform holding your association back? How is it negatively impacting learners?

LMS 161
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Association Brain Food: 2.23.24

Reid All About it

TopClass LMS explains how to keep industry professionals (and members) close with a learning subscription. Professionals for Association Revenue talked to Michelle Brien of Matchbox about the difference between virtual events and digital initiatives. Many employers won’t pay for memberships but will pay for professional development.

DC 261
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How to Start a Nonprofit in Illinois: 17 Essential Steps

MemberClicks

If you want to know how to start a nonprofit in Illinois, here are the important steps to getting your organization or association up and running smoothly and quickly. Keep nonprofit documents on file It’s important to keep a record of official documents in a secure, unified place. What is a nonprofit organization? Cost is $50.

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Association Brain Food: 11.24.23

Reid All About it

RevUp Summit on Wed Dec 6 and Thu Dec 7 in Annapolis MD, hosted by Professionals for Association Revenue AWTC Advance on Wed Dec 6 in Arlington VA, hosted by Association Women Technology Champions People Powering Tech on Thu Dec 14 online, hosted by Qiqo Inc. How do you talk with those around you about it? Event recording release.

Arlington 261
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How to Calculate the Impact of Online Community Engagement on Your Business

Higher Logic

You hit your presentation out of the park… until the CFO asks how online community engagement is impacting sales goals. Do all those forum posts translate to more revenue? You show your executive team a regression analysis. What is a Regression Analysis? Demonstrate How Engagement is Impacting Your Business.

How To 168