Organizational Slack (or Goldilocks and the Three Budgets)
Organizational slack means extra resources or resources in reserve—the difference between a hand-to-mouth organization and a vibrant one.
Content Type: Insights
Truth or Consequences: The Implications of Financial Decisions
Does a diversified revenue base make for a more profitable—and therefore sustainable—nonprofit? Does government funding create big financial probl…
Financial Policy Guidelines and Example
Developing and adopting a written financial policy is a valuable practice for any nonprofit organization, no matter how small or large. Financial poli…