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Funding Your Mission: 4 Nonprofit Financial Management Tips

NXUnite

In this guide, we’ll share four proven tips to help your organization manage its finances more effectively. Create an Annual Operating Budget Jitasa’s nonprofit budgeting guide defines a budget as “a planning document used to predict expenses and allocate resources for your organization.” Let’s get started! Investment policy.

Tips 130
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Association Brain Food: 10.6.23

Reid All About it

Competing against niche professional organizations, membership and conference revenue has “slowed to a trickle.” The organization’s outgoing treasurer describes the financial situation as “dire.” Learn proven strategies to implement AI within your association, potentially boosting overall productivity by up to 40%. CMP credit.

Revenue 256
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Six key areas your association should identify to improve member engagement scoring

Nimble AMS

Before your association begins adopting new software to meet member needs, you’ll want to start with re-envisioning your member engagement strategy. To reexamine your member engagement strategy , you’ll want to reconsider your overall purpose for scoring. How do you begin this crucial process? Keep reading for six helpful tips.

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Association Brain Food: 12.1.23

Reid All About it

Impexium recommends proving you’re an organization they can trust, delivering benefits they value, and having processes and systems that facilitate member referrals, new member onboarding, testimonials, social presence, and member feedback. Member recruitment. To attract young members , you must recruit in ways that make sense to them.

Arlington 266
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Associations: Solving the Skills Gap with Digital Credentials

WBT Systems

Prior to the digital revolution, these credentials were called certificates of completion. But because they were printed paper documents, they were typically hidden from the world — tucked away in file drawers or framed on office walls. Badges recognize program and certificate completion, with badge color based on skill level.

LMS 253
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Create a Revenue-Generating Licensing Strategy

Associations Now

Whether it’s webinars on hot topics facing your industries or certifications aimed at helping bolster the skills of industry professionals, associations are in the job of educating. In so doing, the organization also developed a rich stream of nondues revenue, according to VP of Learning Amanda Beckner. Be flexible with the terms.

Revenue 75
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How to Sunset an Educational Program

WBT Systems

When an organization has limited resources, you can’t afford to invest time and money into educational programs—online courses, certifications, or conferences—that no longer meet the needs of your target audiences. Alignment with organizational strategy, goals, and mission. How will that affect your organization?

Education 161