When we turn on or consume news, it is apparent that not all journalism is created equal. There are biases and prejudice, stories half told and irrelevant resources. There’s a huge variety of information available, especially in this age of internet. And there’s nonprofit journalism too--groups that operate to serve the public without concern for profit, relying on donations and grants to cover the cost of operation. But what exactly is nonprofit journalism and how does it work?
We live in a time of nearly immediate gratification--we expect to see the results of our actions a second after they happen. When donors swipe their debit card, they want to know exactly how the money is being used, but beyond that, they want to know that their dollars are making a difference. What impact are they having? For nonprofits, proving the direct effect of these dollars can be a difficult task that begins with understanding impact.
Nonprofit organizations cannot run without the tireless dedication of their many volunteers. For that, most nonprofit organizations are eternally thankful, and work to thank those individuals who volunteer their own time and resources in the spirit of carrying out a nonprofit mission. It’s tricky though--nonprofits are notoriously underfunded, and extravagant gifts aren’t possible, or in some cases, legal. So how can you thank your volunteers? What is and isn’t legal, necessary, and appreciated?
Communities know that nonprofits are beneficial, often filling in the holes that for-profit services can’t address. They provide a sort of warmth in the spaces they occupy, employing some of the most passionate people you can imagine. This is true across the United States, and even across the globe. Nonprofits work, independently and together, to make the world a better place, building community both literally and figuratively. Nonprofit organizations often provide a voice for communities that aren’t given the space to speak, and, even though resources are often slim, they make the most of what they’ve worked so hard to get.
Even accounting isn’t immune to trends, and, while they aren’t as flashy as fashion, they all add up to something. In nonprofit accounting, there are unique rules that set in place trends specific to the niche industry. Though we’re closing in on the end of the year, it is too early to definitively classify 2019 in one way or another. Still, the year, along with those preceding it, have a wealth of information to give us.