A mission statement isn't required but it may be part of a grant application for a nonprofit or asked for by an interested investor of a company. A mission statement is often confused or grouped ...

Without a clear strategy, nonprofit leaders risk operating from a reactive stance rather than driving growth and making an impact.

Some of the most experienced businesses are for-profit, and if an NFP decides it cannot work with these groups, it may be ...

For example, donor-specific financial statements should focus on transparency, impact and alignment of spending with mission goals. Meanwhile, for board members, nonprofits should tailor their ...