{"id":27035,"date":"2025-03-20T14:56:21","date_gmt":"2025-03-20T18:56:21","guid":{"rendered":"https:\/\/www.blackbaud.com\/?post_type=customer-story&#038;p=27035"},"modified":"2025-03-20T14:56:23","modified_gmt":"2025-03-20T18:56:23","slug":"habitat-for-humanity-of-greater-greensboro","status":"publish","type":"customer-story","link":"https:\/\/www.blackbaud.com\/customer-stories\/habitat-for-humanity-of-greater-greensboro","title":{"rendered":"Habitat for Humanity of Greater Greensboro"},"content":{"rendered":"\n<section class=\"hero hero--customer-story\" id=\"hero--customer-story-block_2307ff6913430aa52783992d7d7100c7\">\n    <div class=\"hero--customer-story__container has-image\">\n        <div class=\"hero--customer-story__container-diamonds d-none d-md-block\">\n            <div class=\"diamond-top__gradient\"><\/div>\n            <div class=\"diamond-top__green\"><\/div>\n        <\/div>\n        <div class=\"container\">\n            <div class=\"row\">\n                <div class=\"col-9 col-lg\">\n                    <ul class=\"breadcrumbs list-unstyled\">\n    <li><a href=\"https:\/\/www.blackbaud.com\"><i class=\"fa fa-home\"><\/i><\/a><\/li>\n            <li><a href=\"\/customer-stories\">Customer Stories<\/a><\/li>\n            <\/ul>                <\/div>\n            <\/div>\n            <div class=\"row\">\n                <div class=\"col-md-5\">\n                    <div class=\"hero--customer-story__container-content\">\n                        <p><span class=\"green-eyebrow\">Habitat for Humanity of Greensboro<\/span><\/p>\n<h1 class=\"h2\">Habitat Greensboro streamlines its financial operations with purpose-built nonprofit accounting software<\/h1>\n                    <\/div>\n                                            <div class=\"hero--customer-story__container-download\">\n                            <a href=\"https:\/\/www.blackbaud.com\/wp-content\/uploads\/2025\/03\/Habitat-Greensboro_FINAL.pdf\" target=\"_blank\"><i class=\"fa-solid fa-arrow-down-to-bracket\"><\/i> Download PDF<\/a>\n                        <\/div>\n                                    <\/div>\n            <\/div>\n        <\/div>\n                            <div class=\"hero--customer-story__container-image\">\n                        <img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/www.blackbaud.com\/wp-content\/uploads\/2025\/03\/2024-04-26-Brittany-Home-Dedication-Small.jpg\" class=\"img-fluid wp-post-image\" alt=\"family celebrating a new home\" srcset=\"https:\/\/www.blackbaud.com\/wp-content\/uploads\/2025\/03\/2024-04-26-Brittany-Home-Dedication-Small.jpg 1200w, https:\/\/www.blackbaud.com\/wp-content\/uploads\/2025\/03\/2024-04-26-Brittany-Home-Dedication-Small-300x200.jpg 300w, https:\/\/www.blackbaud.com\/wp-content\/uploads\/2025\/03\/2024-04-26-Brittany-Home-Dedication-Small-1024x683.jpg 1024w, https:\/\/www.blackbaud.com\/wp-content\/uploads\/2025\/03\/2024-04-26-Brittany-Home-Dedication-Small-768x512.jpg 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/>                    <\/div>\n                    <\/div>\n    <div class=\"hero--customer-story__vertical-region\">\n        <div class=\"hero--customer-story__vertical-region-diamonds\">\n            <div class=\"diamond-bottom__gradient\"><\/div>\n            <div class=\"diamond-bottom__blue\"><\/div>\n            <div class=\"diamond-bottom__white\"><\/div>\n        <\/div>\n        <div class=\"container\">\n            <div class=\"row\">\n                <div class=\"col-12 d-md-flex\">\n                                        <div class=\"hero--customer-story__vertical-region__vertical\">\n                                                    <img decoding=\"async\" src=\"https:\/\/www.blackbaud.com\/wp-content\/uploads\/2023\/06\/nonprofits.svg\" class=\"img-fluid wp-post-image\" alt=\"\" \/>                            <span class=\"tag\">\n                                Nonprofit Organizations                            <\/span>\n                                                <\/div>\n                                                                <div class=\"hero--customer-story__vertical-region__region\">\n                        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewBox=\"0 0 24 24\"><g stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" clip-path=\"url(#map-pin)\"><path d=\"M12 14a3 3 0 1 0 0-6 3 3 0 0 0 0 6Z\"\/><path d=\"M17.657 16.657 13.414 20.9a2 2 0 0 1-2.827 0l-4.244-4.243a8 8 0 1 1 11.314 0v0Z\"\/><\/g><defs><clipPath id=\"map-pin\"><path fill=\"#fff\" d=\"M0 0h24v24H0z\"\/><\/clipPath><\/defs><\/svg>                                                    <span class=\"tag\">\n                                North America                            <\/span>\n                                                <\/div>\n                                    <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/section>\n\n<section class=\"customer-story-single__content\" id=\"customer-story-single__content-block_71caa4526259aeac81dd9ff51c3e8d30\">\n    <div class=\"container\">\n        <div class=\"row flex-column-reverse flex-md-row\">\n            <div class=\"col-md-7\">\n                <div class=\"acf-innerblocks-container\">\n<section class=\"lede-quote\" id=\"lede-quote-block_48d8e510fb22fd37a33dd639539092fa\">\n                        <div class=\"longform-content-lede-quote__content\">\n                <img decoding=\"async\" class=\"longform-content-lede-quote__content__image\" src=\"https:\/\/www.blackbaud.com\/wp-content\/plugins\/blackbaud-blocks\/blocks\/acf-longform-lede-quote\/\/img\/quote-rectangle.svg\" alt=\"quotes\">\n                <p class=\"body-large\"><span class=\"blue-highlight\">Financial Edge NXT allows us to easily show donors how their contributions are being used.<\/span> We can demonstrate the impact of donations on their home-building projects and provide detailed financial data, which is crucial for maintaining donor trust and support.<\/p>\n            <\/div>\n                            <div class=\"longform-content-lede-quote__name\">\n                David Kolosieke, President and Chief Executive Officer              <\/div>\n                            <div class=\"longform-content-lede-quote__organization\">\n                Habitat for Humanity of Greater Greensboro            <\/div>\n            <\/section>\n\n<section class=\"lede-paragraph\" id=\"lede-paragraph-block_b5c5c1b9e345dcc9cc6b636c5052d769\">\n    <div class=\"lede-paragraph__heading\">\n        <span class=\"tag\">\n            OVERVIEW        <\/span>\n    <\/div>\n    <p class=\"body-large\">\n        Habitat for Humanity of Greater Greensboro has a vision of a world where everyone has a decent place to live. Driven by the need for a robust and flexible accounting system that could handle the unique requirements of nonprofit accounting, Habitat Greensboro made the switch to Blackbaud Financial Edge NXT\u00ae.     <\/p>\n    <\/section>\n\n\n<section class=\"wysiwyg wysiwyg-white white-bg\" id=\"wysiwyg-block_10a8f4bf54d0c715ff763988c7534cd4\">\n            <p class=\"body-medium\">Since 1987, Habitat for Humanity of Greater Greensboro has served over 500 families in Greensboro, North Carolina. Habitat Greensboro believes that owning a home is a major milestone on the road to a family\u2019s financial success, and a key component of its community\u2019s economic stability.<\/p>\n<p class=\"body-medium\">While successfully serving families for decades, the organization faced significant challenges as its previous accounting system was not equipped to handle the complexities of nonprofit accounting. Leveraging his extensive experience in the field, President and Chief Executive Officer David Kolosieke knew it was time for a change. After conducting thorough research, he chose Blackbaud Financial Edge NXT, which is designed specifically for nonprofit fund accounting.<\/p>\n<p class=\"body-medium\">\u201cOur previous for-profit accounting software lacked the capacity to track home sales, mortgage payments, and asset classes, making it difficult to make informed decisions,\u201d said Kolosieke. \u201cFinancial Edge NXT offers the necessary features to address these challenges and manage our finances effectively.\u201d<\/p>\n    <\/section>\n\n<section class=\"pull-quote pull-quote__top-bottom white-bg\" id=\"pull-quote-block_1f3c45bb38c4d1f7ea3ba2872d621a4f\">\n    <div class=\"pull-quote__wrapper\">\n                <div class=\"pull-quote__wrapper-content\">\n            <div class=\"pull-quote__wrapper-quote\">\n                <h4 class=\"h5\">&#8220;Our previous for-profit accounting software lacked the capacity to track home sales, mortgage payments, and asset classes, making it difficult to make informed decisions. Financial Edge NXT offers the necessary features to address these challenges and manage our finances effectively.\u201d <\/h4>\n            <\/div>\n            <div class=\"pull-quote__wrapper-name\">\n                David Kolosieke             <\/div>\n                            <div class=\"pull-quote__wrapper-role\">\n                    President and Chief Executive Officer                  <\/div>\n                                        <div class=\"pull-quote__wrapper-organization\">\n                    Habitat for Humanity of Greater Greensboro                <\/div>\n                    <\/div>\n    <\/div>\n    <\/section>\n\n\n<section class=\"wysiwyg wysiwyg-white white-bg\" id=\"wysiwyg-block_09b66ce1ee3042e91e684e9127433008\">\n            <div class=\"container\">\n            <div class=\"row\">\n                <div class=\"col-12\">\n                    <h2 class=\"h3\">Enhancing Stewardship and Donor Trust<\/h2>\n<p class=\"body-medium\">Habitat Greensboro uses Financial Edge NXT to enhance its stewardship by ensuring efficient and transparent financial management. Using the software, the organization can produce detailed and accurate financial reports at a moment\u2019s notice. They also create statements of activity, financial positions, cash flow statements, and other standard nonprofit financial statements, which are essential for internal and external stakeholders.<\/p>\n<p class=\"body-medium\">Habitat Greensboro allocates all departmental costs for its construction projects to the cost of building homes. They then apply an overhead factor to these costs, enabling them to break down expenses at the project level and by phase code. This detailed subfund tracking helps with managing and reporting costs effectively.<\/p>\n<p class=\"body-medium\">\u201cFinancial Edge NXT allows us to easily show donors how their contributions are being used,\u201d said Kolosieke. \u201cWe can demonstrate the impact of donations on their home-building projects and provide detailed financial data, which is crucial for maintaining donor trust and support.\u201d<\/p>\n<p class=\"body-medium\">Additionally, Habitat Greensboro tracks each construction project with a separate project ID and uses transaction codes to manage costs by building phase. This granular level of tracking helps in identifying cost variations early and making necessary adjustments, ensuring projects stay within budget.<\/p>\n<p class=\"body-medium\">Habitat Greensboro also uses Financial Edge NXT\u2019s capabilities to streamline its audit process. Providing auditors with view-only access to the system has significantly reduced the time required to complete audits. \u201cWith Financial Edge NXT, last year we completed our audit in 30 days with the tax return delivered back to the board,\u201d shared Kolosieke. \u201cAnd this was achieved despite having new auditors, which typically would take longer.\u201d<\/p>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/section>\n\n<section class=\"pull-quote pull-quote__top-bottom white-bg\" id=\"pull-quote-block_624bf17940cb0b4648d358c856a5eedd\">\n    <div class=\"pull-quote__wrapper\">\n                <div class=\"pull-quote__wrapper-content\">\n            <div class=\"pull-quote__wrapper-quote\">\n                <h4 class=\"h5\">\u201cWith Financial Edge NXT, last year we completed our audit in 30 days with the tax return delivered back to the board. And this was achieved despite having new auditors, which typically would take longer.\u201d <\/h4>\n            <\/div>\n            <div class=\"pull-quote__wrapper-name\">\n                David Kolosieke             <\/div>\n                            <div class=\"pull-quote__wrapper-role\">\n                    President and Chief Executive Officer                  <\/div>\n                                        <div class=\"pull-quote__wrapper-organization\">\n                    Habitat for Humanity of Greater Greensboro                <\/div>\n                    <\/div>\n    <\/div>\n    <\/section>\n\n\n<section class=\"wysiwyg wysiwyg-white white-bg\" id=\"wysiwyg-block_10a8163f87a4058a6c908ad9e65f5fd9\">\n            <div class=\"container\">\n            <div class=\"row\">\n                <div class=\"col-12\">\n                    <h2 class=\"h3\">Tapping into Future Capabilities<\/h2>\n<p class=\"body-medium\">Habitat Greensboro has already seen significant improvements in its audit process and plans to continue using the system to maintain clean and organized financial records, which will facilitate future audits and ensure compliance with regulatory requirements.<\/p>\n<p class=\"body-medium\">Habitat Greensboro is working with banks to implement an AP card system that will automatically interface with Financial Edge NXT. This integration will help in managing transactions more effectively and reduce manual data entry. Habitat Greensboro is exploring the potential of the expense management feature to help them manage expenses more efficiently and provide better oversight of financial activities. This feature could help them manage expenses more efficiently and provide better oversight of financial activities.<\/p>\n<p class=\"body-medium\">Habitat Greensboro has plans to start 40 homes and sell 36 during the upcoming fiscal year. With Financial Edge NXT, it will have a robust financial management system that supports this growth and ensures it can continue to make a positive impact in its community. \u201cFinancial Edge NXT equips us with the tools needed to manage our nonprofit finances effectively, maintain transparency with donors, and make certain that funds are used efficiently to support our mission,\u201d said Kolosieke. \u201cI look forward to leveraging the software&#8217;s capabilities to further our operations.\u201d<\/p>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/section>\n<\/div>\n                            <\/div>\n            <div class=\"col-md-5 col-lg-4 offset-lg-1\">\n                                <div class=\"customer-story-single__sidebar has-image\">\n                                            <div class=\"customer-story-single__sidebar-logo\">\n                            <img loading=\"lazy\" decoding=\"async\" width=\"1042\" height=\"1042\" src=\"https:\/\/www.blackbaud.com\/wp-content\/uploads\/2025\/03\/Habitat-Greensboro-logo-250.png\" class=\"img-fluid\" alt=\"\" srcset=\"https:\/\/www.blackbaud.com\/wp-content\/uploads\/2025\/03\/Habitat-Greensboro-logo-250.png 1042w, https:\/\/www.blackbaud.com\/wp-content\/uploads\/2025\/03\/Habitat-Greensboro-logo-250-300x300.png 300w, https:\/\/www.blackbaud.com\/wp-content\/uploads\/2025\/03\/Habitat-Greensboro-logo-250-1024x1024.png 1024w, https:\/\/www.blackbaud.com\/wp-content\/uploads\/2025\/03\/Habitat-Greensboro-logo-250-150x150.png 150w, https:\/\/www.blackbaud.com\/wp-content\/uploads\/2025\/03\/Habitat-Greensboro-logo-250-768x768.png 768w\" sizes=\"auto, (max-width: 1042px) 100vw, 1042px\" \/>                        <\/div>\n                                        <div class=\"customer-story-single__sidebar-content\">\n                        <h5>Habitat for Humanity of Greater Greensboro<\/h5>\n                                                    <div class=\"customer-story-single__sidebar-text\">\n                                <p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n                            <\/div>\n                                                                            <h6>Powered by<\/h6>\n                            <div class=\"customer-story-single__sidebar-products\">\n                                <ul class=\"list-unstyled\">\n                                                                                <li>\n                                                <a class=\"cta-text-arrow\" href=\"https:\/\/www.blackbaud.com\/products\/blackbaud-financial-edge-nxt\">\n                                                    Blackbaud Financial Edge NXT                                                <\/a>\n                                            <\/li>\n                                                                        <\/ul>\n                            <\/div>\n                                            <\/div>\n         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