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What percentage of a nonprofit budget should be for fundraising?

by Alphatech Automation | Apr 23, 2025 | Bookkeeping

Don’t starve your organization in an effort to divert every penny of your donations to programs. This will stifle your growth while you chase a goal that most donors do not expect you to achieve. Focus on one signature event, 10 grant proposals, and 1,000 new donors...

How to calculate asset turnover ratio and what is its importance?

by Alphatech Automation | Aug 27, 2024 | Bookkeeping

Walmart’s ratio of 2.51 indicates that for every dollar of assets, the company generates $2.51 in sales, reflecting highly efficient asset utilization typical of retail operations. A high asset turnover ratio indicates a company that is exceptionally effective...

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