Nonprofits have additional financial challenges due to receiving funds from grants and donations that are often restricted for certain uses. Budgeting and planning can also be tricky because of different income streams and compliance issues. With budgeting being tight, it’s important to prioritize operational efficiency in order to grow revenue. Check out this infographic for helpful how-to tips.
Tools that simplify tracking and reporting can help nonprofits plan for new sources of revenue and evaluate spending to prioritize the needs of those they serve. Read more about how your team can gain more time to accurately analyze data.
Learn more by scheduling your free personalized demo today.