Is Your Nonprofit’s Fiscal Sponsor Doing These Four Things?
Like an umbrella, a nonprofit fiscal sponsor is an established 501(c)(3) that lends its tax-exempt status and administrative backbone, things like accounting...
Is It Okay to Run a Planned Budget Deficit?
We often get this question from clients as budget season approaches, and most organizations fall into one of two camps. On the...
3 Essential Views of Nonprofit Finances: Past, Present & Future
Most nonprofit leaders didn't come up through finance. They came up through programs, fundraising, or advocacy. And somewhere along the way, they...
The One Thing New Leaders Forget: Contracts
Starting a new role as an executive director (ED) is a lot. There's an organization to understand, a team to meet, a...
Manual Payables? You’re Probably Losing Money and Don’t Know It
I have a version of this conversation almost every week. A nonprofit leader tells me the books feel behind, the month-end close...
What Changes Financially When a Nonprofit Crosses $1 Million in Revenue
There's a moment in almost every nonprofit's growth story when the energy shifts. The early years feel lean and scrappy. A handful...
Financial Clarity for Executive Directors, Part 2: How to Prepare for Financial Uncertainty
(This is the second in a two-part series on Financial Clarity for Executive Directors. In the previous post, we outlined the core...
