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Financial Planning for Uncertain Times

Financial Planning for Uncertain Times

By: Melissa Lagowski CEO/Founder/Queen Bee Big Buzz Idea Group Does your organization have a reserve fund? According to an annual survey conducted by the National Council of Nonprofits, less than 25% of the survey participants had six months of reserves. The majority had less than three months of operating reserves, and 10% had less than 30 days cash on hand. Many nonprofit organizations have budgets that have them eking through the year with a minimal surplus or worse yet, a financial loss. Why any board member would disregard fiduciary responsibilities and approve a negative budget is beyond me, but that...

Tips For Meaningful #GivingTuesday Follow-Up

Tips For Meaningful #GivingTuesday Follow-Up

By: Lidia Varesco Racoma Owner, Lidia Varesco Design You did it—you made it through #GivingTuesday! But your work is not done yet. Take advantage of the momentum of your campaign: Follow up with your donors and supporters, create meaningful connections that will last throughout the year, and use the insights gathered this year to inspire next year’s campaign. Say thank you—and share results Thank your supporters on social media and share the results of your campaign as well as the impact it has on the people your serve. Sharing a video thank you from the organization’s founder or leaders can...

Nonprofit Form 990: Friend or Foe?

Nonprofit Form 990: Friend or Foe?

By: Sherry Quam Taylor Founder, QuamTaylor LLC   When I started in nonprofit years ago I had no idea what a Form 990 was – all those numbers and check-boxes seemed like a lot of painful information for someone to fill out. Frankly, I didn’t understand what most of it meant. I’ve put off filing because of “more important” business and have admittedly filed a few extensions myself. But that was before I understood the importance of this little gem of a document. You want your donors to see you as a transparent partner, right? You want them to see...

SPONSORSHIP 101: Growing Nonprofit Revenues

SPONSORSHIP 101: Growing Nonprofit Revenues

Part One of a Two-Part Series (Click here to read Part Two) By: Melissa Lagowski CEO, Founder and Queen Bee, Big Buzz Idea Group Be it donors or dinners or annual bake sales, nonprofit organizations live and die by their budgets and funding streams. Finding a steady revenue stream may seem difficult but it also might just be hidden in plain sight: look around to discover that opportunities exist to develop a sponsorship program that can play mightily into your success. Established nonprofits already have an underlying support system in their board of directors, staff members, social media followers, donors,...

How To Secure More Donor Dollars

How To Secure More Donor Dollars

By: Stephanie Nivinskus Founder, SizzleForce If you’re like many non-profits, fourth quarter is when you ramp up your fundraising campaigns. After all, Giving Tuesday, the biggest donation day of the year for many organizations, is right around the corner (November 28th, to be exact.) Knowing this, and the fact that more than 30% of annual giving usually occurs in the month of December, there’s no time like the present to prepare your most irresistible fundraising campaign yet. The problem? You may be planning to do fundraising as usual. And because of that, you may miss out on millions of potential...

Check Out These Recent Posts

  • 5 Ways to Generate Sponsor Leads
  • 6 Tips for Recruiting Ideal Board Members
  • 3 Questions to Ask If You Hope to Grow Your Membership
  • Budgeting for Your Nonprofit in Uncertain Times
  • 4 Ways Outsourcing Your Development Work Can Provide Value
  • 2020: A Lesson in Gratitude
  • 9 Lessons Learned from Our First Virtual Conference

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Insights Blog Archive

  • Innovative Approach to Volunteer Recruitment
  • The Hidden Costs Behind Your Fundraiser
  • The Taxman Cometh (Yes, Even For Your Exempt Organization)
  • How to Manage Your Organization During an Election Year Without Violating Your Nonprofit Status
  • Defining Your Value: Reclaiming Relevance to the Community You Serve
  • 5 Reasons to Outsource Instead of Rely on Volunteers
  • Does Your Mission Have a Compelling Voice?
  • 9 Lessons Learned from Our First Virtual Conference
  • Meet Big Buzz, the Creators of Ribfest Chicago
  • Take Time to Evaluate Your Events
  • 2020: A Lesson in Gratitude
  • 50 Content Promotion Tactics: How to Drive Traffic to Your Next Article
  • 3 Reasons Why Your Organization Should Use Canva
  • Four Tactics to Resolve Nonprofit Staffing Shortages
  • Never Overlook the Value of Gratitude
  • 5 Ways to Generate Sponsor Leads
  • Fresh Funding Ideas Are Blooming
  • Communication Tips to Advance Your Organization
  • Nonprofit Form 990: Friend or Foe?
  • Holding On When You Feel Like Throwing In the Towel
  • Life After COVID-19: Next Steps for Your Nonprofit
  • 3 Tips For Maintaining Your NPO’s Digital Assets
  • Engage Your Board – Start with Recruiting and End with A High-Performance Culture
  • Why Is My Organization Not Growing?
  • The Compelling Case to Renew
  • SPONSORSHIP 101: Growing Nonprofit Revenues
  • Lessons Learned in Nonprofit Management
  • How Nonprofits Can Use Social Media to Meet Goals
  • Goal-Setting For Successful Events
  • 10 Tips to Cultivate Sponsor Relationships
  • What’s Your Nonprofit’s Story
  • Nonprofit Event Venues 101
  • SPONSORSHIP 101: To Package or Not to Package
  • Our Top Five Free Online Tools for Nonprofit Management Teams
  • The Benefits of Outsourcing
  • Four Pillars to Attracting and Retaining Ideal Employees
  • Transparency and Nonprofit Organizations
  • Re-Imagine the Possibilities to Better Serve Your Mission
  • Becoming a Virtual Event Planner in an Instant
  • The Birth of a New Vision
  • 4 Ways Outsourcing Your Development Work Can Provide Value
  • Organizational Operations Versus Organizational Strategy
  • Four Step Process to Building Better Buy-In
  • Board or Bored Leadership – Enter the Magnificent Seven
  • Big Buzz Idea Group Launches Additional Services
  • Virtual Fundraising: 18 Ideas for Nonprofit Revenue
  • 11 Tips to Make Your Newsletter More Readable
  • Seven Tips to a More Productive Year for Your Organization
  • Celebrate You and Avoid Nonprofit Burnout
  • Why Identifying and Communicating Your Core Values Is Important
  • How to Keep Your Visuals On-Brand
  • Networking for Personal and Professional Growth
  • 5 Secrets to Streamlining Your Administrative Tasks
  • Make Your Nonprofit Stand Out: Creating Impressions for Impact
  • Optimize Your Contact List for Nonprofit Growth
  • Securing Help from Your Board: Are You Ready?
  • Boost Your Daily Productivity
  • Real Progress Requires Intention: What Do You Want to Achieve in 2020 for Your Nonprofit?
  • 3 Questions to Ask If You Hope to Grow Your Membership
  • The Board’s Hot (Summer) Topics
  • Making a Case for Strategic Planning
  • Team Culture Exists Beyond the Office Walls
  • Why You Need to Establish Gratitude as a Pillar at Your Nonprofit
  • How to Rewire Your Brain with Positive Thinking
  • Cyber Security: How To Protect Yourself In Today’s “Connected” World
  • Organic Methods to Cultivate Sponsorship Leads
  • Please Send a Hi-res Copy of Your Logo
  • If You’re Feeling Hopeless of Late, Remember That Your Work Matters and You Do, Too
  • Budgeting for Your Nonprofit in Uncertain Times
  • Time to Assess Your Year-End Campaigns
  • 6 Tips for Recruiting Ideal Board Members
  • Cancelling or Postponing Your Events in Light of COVID-19
  • 4 Productivity Tips to Elevate Your Nonprofit
  • Talk to Me! Prioritizing Internal Communications During Times of Transition
  • Spend Less. Do More. Your Guide to Effective Outsourcing
  • New Year’s Resolutions for Board Members
  • The Need to Go Beyond Surveys
  • Interim Directors Provide Strength in Times of Transition
  • Why Your Nonprofit Needs Brand Guidelines
  • To Be Successful, Nonprofits and Associations Must Be Forward-Thinking
  • Is Your Marketing Missing the Mark?
  • Why Nonprofits Need to Evaluate Their Budgets Every Year
  • Conference Call Hero – 6 Tips to Master the Art of Video and Audio Conferencing
  • How To Secure More Donor Dollars
  • DIY Event Photos
  • How to Secure Mega Sponsorships For Your Fundraising Event!
  • Fundraising: Creating a Straighter Path to Revenue Growth
  • A Job Gone Wrong
  • Tips For Meaningful #GivingTuesday Follow-Up
  • Financial Planning for Uncertain Times
  • Should You Ever Cover Board Member Expenses?
  • Tips for Virtual Event Success
  • Big Buzz Has COVID-19 Resources For You!

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