Your Nonprofit Needs Multiple Revenue Sources

Your Nonprofit Needs Multiple Revenue Sources

One of the strongest predictors of a nonprofit’s long-term survival is multiple revenue streams. Many organizations with only one or two found that out that the hard way when they failed during the 2008 recession. The same is likely to be true for nonprofits that do —...
When Nonprofit Contributions Are Quid Pro Quo

When Nonprofit Contributions Are Quid Pro Quo

Charitable contributions aren’t always eligible for tax deductions — even when the nonprofit recipient is tax exempt and the donor itemizes. Take “quid pro quo” donations. These transactions occur when your organization receives a payment that includes a contribution...