Tip of the Month: Financial Management

Our Tips of the Month share simple, practical advice inspired by our Principles & Practices guide to help you strengthen your organization, connect with your community, and reach your mission.

Check out this month's tip for strategies to build strong financial management practices that help to mitigate threats and ride out this current wave of uncertainty.

Resources to Navigate Uncertainty

North Carolina nonprofits are feeling the pressure and anxiety of trying to meet their missions while navigating the whirlwind of changes in federal funding and policies – including the latest news that DOGE is taking over Grants.gov. To help your organization prepare and stay grounded, check out these resources and tools, which we’ll continue to update.

Staying current on these changes is important for nonprofits to maintain compliance and transparency. But change in general can be stressful. Having space to connect with others, share your experiences, and work on ways to manage in the face of change can be an opportune stress-reliever.

Celebrating Volunteers

Volunteers are an essential thread in the fabric of North Carolina's nonprofit sector. In 2023, more than 2.2 million North Carolinians contributed over 125 million hours of service – worth an estimated $4 billion. We’ve seen firsthand the invaluable heart and hands of volunteers this past year especially during crises like Hurricane Helene when organizations’ tapped that volunteer power to provide immediate and essential aid to people and communities when they need it most (and continue to do so). Take a moment during National Volunteer Month – right now – or National Volunteer Week – April 20-26 – to recognize and thank your volunteers for sharing their compassion and diverse skills to extend our nonprofits’ capacities, missions, and sense of community.

What We're Reading

• Asheville Rebuilds 6 Months after Hurricane Helene Damage, Good Morning America
• Disaster Recovery Requires Community Care – But Also Government Support, Nonprofit Quarterly
• A Note on Framing in Turbulent Times, The Communications Network
• Intelligent Copywriting with AI, NextAfter
• The Ladder of Engagement: Turn Volunteers into Donors, Changemaker Café

Upcoming Training

• The Grantsmanship Game 2025: Playing to Win, April 24
• QuickBooks for Desktop, April 29-May 1
• Preparing for and Managing Change in an Evolving World, April 30
• Finding Our Way Forward: Centering Equity in the Current Climate, May 2
• Fayetteville Nonprofit Policy Conversation, May 5
• QuickBooks for Online, May 13-15
• Charlotte Nonprofit Policy Conversation, May 19
• Creating a Culture of Financial Transparency, May 21
• Not-For-Profit Accounting Conference, June 2
• Full Cost Accounting, June 25
• The Trainer Academy (on-demand, 16-session course)
• The Ultimate Grant Proposal Blueprint: Your Step-by-Step Roadmap and Build-It-Yourself Toolkit for Crafting an A+ Proposal (on-demand, 8-session course)
• Bookmark the Nonprofit Calendar for ongoing training and events

Thank You, Supporters!

We appreciate the support of these new businesses in Business Finder, our online directory of businesses and consultants that work specifically with nonprofits. Check them out or promote your services.

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