Millennials have earned a reputation as a generation working for change. Love them or hate them, this generation is all about finding joy, making a difference, and finding employment that satisfies a greater need for good. Nonprofits then seem like the perfect place of employment. And they are, if not for another millennial staple--student debt. Over 75% of millennials list their company’s purpose as a major deciding factor in their choice to be employed there, so we know it is important.
As we enter into the new year, it shouldn’t come as a surprise that nonprofits will be using technology in new or different ways. On small budgets, technology can truly be the thing that sets your organization apart in terms of efficiency, organization, and ability to make big change, no matter your resources. So what’s on the horizon for nonprofit technology in 2020? A few things you’ve probably heard of before will be making a bigger difference than ever this year.
It’s hard to make yourself stand out in a sea of holiday emails during one of the busiest times of year. Still, the holidays are an important time for nonprofits, and approaching your communication efforts the right way can have big payoffs for your organization. Though it seems daunting, you too can communicate in a way that addresses the variety of holidays people do or don’t celebrate, stands out from the crowd, and initiates action.
If you’re unfamiliar with the nuances of accounting, you probably don’t realize that bookkeepers and accountants are not interchangeable. The fields are so often lumped together that their differences can be unclear. They are, in fact, separate entities with separate duties. Generally, the nonprofit staff members who try to take on all of the nonprofit financial tasks are executive directors, volunteer bookkeepers, or part-time employees. This tends to be impractical because these parties rarely have the necessary experience to effectively distinguish the types of tasks they’re doing or the expertise to do it well.
Although your nonprofit organization might be going a million different directions, your finances shouldn’t be. If you’re still using more than one bank account or even institution to control your money, you’re likely costing yourself time and dollars. Separating dollars from different sources into different places can feel like a way to keep things simple, but it actually complicated your bank accounts and your life--and there are easier ways to create separation within your finances.