5 Strategies to Account for Diverse Funding Sources 

accounting for diverse funding sources

Reading Time: 3 minutes How easy is it for you to manage accounting and reporting for diverse funding sources for your organization?  If you’re using workarounds or multiple spreadsheets to manage multiple funding sources, you could be working inefficiently and limiting opportunities to optimize your fiscal sustainability. Having organized, accurate data when accounting for grants, donations, corporate sponsorships, membership…

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3 Step Recipe to Sustainable Nonprofit Growth

Sustainable growth blog

Reading Time: 4 minutes Diversifying nonprofit income streams is key to a sustainable mission, and that’s why a plan should be baked into every nonprofit plan. How your organization cooks up sustainable growth initiatives – from planning campaigns to receiving donations and finding ways to maximize raised dollars to successfully diversifying income streams, directly contributes to organizational success.   Don…

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Mission Possible: Safeguarding Financial Data in the Cloud

MIP_Whats_is_HIPAA

Reading Time: < 1 minute This interview originally appeared in Financial Technology Today on Sept. 28, 2023. MIP Fund Accounting’s General Manager of Nonprofit Solutions Neil Taurins shares his perspective on implementing cybersecurity practices. “No one person can prevent cyberattacks alone. It takes a thorough cybersecurity policy and a team committed to keeping an organization’s business finances and accounting teams safe, but…

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A Roadmap for Finance Teams at Small Businesses to Improve Cybersecurity

Reading Time: < 1 minute This interview originally appeared in The Last Watchdog on Sept. 5, 2023. MIP Fund Accounting’s General Manager of Nonprofit Solutions Neil Taurins shares his perspective on implementing cybersecurity practices in small businesses. “If you’re a small business looking for the secret sauce to cybersecurity, the secret is out: start with a cybersecurity policy and make the commitment to…

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Win the Big Game with a Nonprofit Bookkeeping Playbook

Reading Time: < 1 minute This interview originally appeared in Accounting Today on Sept. 22, 2023. MIP Fund Accounting’s General Manager of Nonprofit Solutions Neil Taurins shares tips and tricks to tackle operational and bookkeeping hurdles. “Nonprofit organizations may not be like the NFL. Still, they can borrow a page from the playbook to tackle operational and bookkeeping hurdles and score the ultimate touchdown:…

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The 4 Month Calendar to Maximize Nonprofit Year-End Giving  

Reading Time: 5 minutes Don’t look now but we’ve already passed the midway point of the year, and it’s time to start preparing for year-end fundraising efforts.   Donors tend to donate generously to nonprofits between Thanksgiving and New Year’s, making it a fundraiser’s high season. Whether it’s a mix of feeling particularly thankful, and charitable, this time of year,…

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#GivingTuesday 2023: The Nonprofit Success Toolkit 

Make your next #GivingTuesday your best.

Reading Time: 4 minutes #GivingTuesday is one of the most critical days for nonprofit fundraising, and while it feels far away, it’s time for your nonprofit to finalize its strategy, make end-of-year (EOY) plans, and create campaigns now.  In 2022, more than 37 million adults participated in #GivingTuesday in many ways. Giving in the U.S. alone totaled $3.1 billion,…

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5 Things You Need To Succeed In The Modern World Of Finance & Fintech

Reading Time: < 1 minute This interview originally appeared in Authority Magazine on Aug. 14, 2023. MIP Fund Accounting’s General Manager of Nonprofit Solutions Neil Taurins shares his perspective on succeeding in the world of finance and fintech. “Empower your people. AI can help you do things faster, but you still need people to double check the work. What does this…

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The Benefits of Upgrading HR and Payroll Technology for K-12 schools 

Payroll Technology for schools

Reading Time: 3 minutes Don the cap and gown! It’s time to graduate your school’s outsourced payroll and human resources software and bring those systems in-house through integrated accounting software.   According to the 2023 Trends and Insights into the State of Schools Report, school administrators are exploring ways to increase efficiency through technology integration and investing in cloud-based solutions.…

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How Community Action Agencies Can Tackle Operational and Financial Challenges

Community-Action-Agencies-Can-Tackle-Operational-and-Financial-Challenges

Reading Time: 4 minutes With increased needs in a political environment where federal and state budgets are cutting funding, and more organizations are fighting for the same pool of funds than ever before, how are community action agencies tackling operational and financial challenges?  Top-performing agencies are efficiently directing resources to serve the highest-need communities through evidence-based practices and by…

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