As the pandemic continues nonprofits are increasingly focused on how to best serve their mission while ensuring financial solvency.
“Nonprofits receive nearly 15% of their revenues through donations from individuals, foundations and corporations,” writes Danny Sklenicka in the May/June issue of CPA Voice. “Given the size of many nonprofit organizations, a major reduction in this revenue stream will have significant ramifications in 2022 and future years’ operations.”
Sklenicka says that for nonprofits to stay the course with donor engagement, they must grow relationships, maintain contact and review messaging to be successful.
Read the entire article available now in the May/June issue of CPA Voice.
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May/June 2022 exam