Getting off to a good start of the new year
Let’s look at what you may want to do to make sure you’re getting off to a good start of the new year. Annual work plan You may have created an annual work plan already last year, when you were preparing your annual budget and work plan for approval by the board. Is...
What to include in your annual report
We have looked at why you might need or want to create an annual report. So now it is time to look at what to include in your annual report. A legal obligation If there is a legal obligation, there often are legal minimum requirements for information you must include...
Why you want to create an annual report
This period of the year is a period of reflection and looking back for many people and especially for nonprofits. Especially for those that run year-end donation campaigns, as looking back can be a powerful part of such campaigns. Sharing past impact can help mobilize...
How to go about ensuring completeness of your accounts?
December is for many of us the final month not just of the calendar year but also of the book year, the fiscal year. If you work with finance in your nonprofit, you are focusing on being sure you have all the needed data for closing the book year. So how to go about...
What to focus on in December?
December for me is very much a loose-ends month. I look at my accounting, and clear up loose ends there. I look at my data, collect a few missing ones and run a few experiments. And I look at my goals for the year and figure out if I can still do something to get...
Look ahead at your planning and expenses
Now that you have developed ways to have insight into your expenses, we can start looking ahead. It is good (great, even!) to have insight into what you spent, but remember, this is the past you’re looking at. And you also need to look at the future. What resources do...
How can you get insight into your expenses?
If you want to understand the real income from your fundraising actions, you must have insight into your expenses. So let’s have a look at the follow up question: how can you get insight into your expenses? How does an expense come about? It is very important to...
What is the real revenue of your fundraising actions?
Now that you have mapped your fundraising process and are making sure you monitor and learn from each step, it is time to look at the effectiveness of your fundraising work. How can you determine what is the real revenue of your fundraising actions? Revenue To be...
How to keep track of and learn from your fundraising actions
Since fundraising is a process, monitoring what you do & what happens and learning from that is key. So, let’s look at how to keep track of and learn from your fundraising actions. Plan Since the next best step depends on what comes out of the step you have just...
How to make a start with your fundraising plan
My article and my Facebook live session on your Q4 donor base actions generated many questions about how to make a fundraising plan. Making a fundraising plan for your nonprofit is a task that requires in-depth understanding of your context, work and ambitions. I...