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Juneteenth 2020

Juneteenth 2020

Black Lives Matter is more than a global movement. It's deeply personal, fraught with potential missteps and easy to get wrong. At Community Brands, we realize it's too important not to try. We proudly affirm that Black Lives Matter and do commemorate the anniversary...

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Covid-19 and Your Nonprofit Budget: Best Practices During Uncertain Times

Covid-19 and Your Nonprofit Budget: Best Practices During Uncertain Times

You organization’s budget serves as a guiding star for your nonprofit, functioning as a vital management tool and detailed map for where the organization is headed year over year. While budget monitoring and continuous review are always best practices, as Covid-19 generates increased instability, the importance of revisiting your organization’s budget now cannot be overstated.

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3 Key Internal Control Activities

3 Key Internal Control Activities

Marriam-Webster defines internal control as, "a system or plan of accounting and financial organization within a business comprising of the methods and measures necessary for safeguarding its assets, checking the accuracy of its accounting data or otherwise...

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Communicating Finances to Your Nonprofit Board

Communicating Finances to Your Nonprofit Board

There is no doubt that communicating essential financial information while maintaining a positive relationship with your nonprofit board is critical to the success of your organization. However, it’s not without its challenges. Over time, we’ve learned the best approach centers on three key areas.

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Effectively manage your nonprofit’s grants

Effectively manage your nonprofit’s grants

Grants are essential sources of revenue for most nonprofits. They’re critical for your mission but carry with them a high burden of monitoring and accountability. If you’re wondering how to manage grants for your nonprofit, remember that proper allocation, tracking,...

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Best Practices Around Budget Automation

Best Practices Around Budget Automation

We’re at the half-year review mark of the budget lifecycle. Have you observed anything over the last six months that should be automated? Do you believe budget best practices are being incorporated, or have you identified ways to improve the budget process? Let’s...

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Check tampering: Is your nonprofit at risk?

Check tampering: Is your nonprofit at risk?

Mountain State Justice: A True Story What would happen to your mission if you lost $1 million from your budget? That’s precisely what happened to Mountain State Justice, a nonprofit organization that provides legal advocacy to low-income people in West Virginia. In...

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