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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...

Why You Need to Establish Gratitude as a Pillar at Your Nonprofit

Why You Need to Establish Gratitude as a Pillar at Your Nonprofit

By: Melissa Lagowski Founder, CEO and Queen Bee, Big Buzz Idea Group With Thanksgiving upon us, it seems like everyone is talking about gratitude. (To be fair, it’s always top of mind around here-gratitude is one of our core values at Big Buzz!) Is there anything better than feeling appreciated? For nonprofits, acknowledging the contributions of those people directly tied to your organization is important. A simple, inspirational gesture of appreciation cultivates a sense of community, generosity and support for your mission. WHO to Thank Think about all of the people who are a part of your organization. They keep...

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...

Fundraising: Creating a Straighter Path to Revenue Growth

Fundraising: Creating a Straighter Path to Revenue Growth

By Guest Blogger: Sherry Quam Taylor Consultant, QuamTaylor LLC Nonprofit organizations are often staffed with sacrificial leaders striving hard toward achieving admirable missions, full of passion and great ideas to make an even greater impact in the world. At the same time, many are struggling to grow beyond their initial successes. Research indicates that 74% of the 1.4 million charitable organizations registered in the U.S. never reach the $500,000 mark in revenue, and most of these never hire more than five employees (Source: Urban Institute’s Center on Nonprofits and Philanthropy). This begs the question: Why is the $500,000 mark such...

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

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

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