• Help Shape the Future: Share Your Nonprofit’s Story on Navigating New Policies

    Posted by Amanda_NFC on February 6, 2025 at 6:03 pm

    At Nonprofit Financial Commons, we are committed to helping you to respond the challenges nonprofit organizations face in navigating the new policies and executive orders introduced by the current administration. Your first-hand experiences are crucial in helping your peers navigate their own situations and in helping NFC design programs and advocate effectively for nonprofits all over the country during these difficult times.

    Please take a moment to share your stories about your concerns regarding financial impacts and, more generally, how you are responding to the threats posed by these new policies. SHARE YOUR STORY!

    Femi replied 1 day, 8 hours ago 2 Members · 1 Reply
  • 1 Reply
  • Femi

    Member
    May 6, 2025 at 5:01 pm

    Hi Amanda,

    This is such a valuable initiative—thank you for opening the floor. At <strong data-start=”268″ data-end=”277″>Mazlo, we support a wide range of nonprofits and fiscal sponsors navigating operational uncertainty, and we’ve seen a few critical financial actions that complement the original 12 steps:

    <strong data-start=”461″ data-end=”522″>13. Operationalize Compliance Through Workflow Automation<br data-start=”522″ data-end=”525″> It’s not enough to <em data-start=”544″ data-end=”552″>intend compliance—nonprofits need systems that enforce it. Embedding controls into fund disbursement, approval chains, and documentation ensures audit-readiness without overburdening staff. Especially important in this regulatory climate.

    <strong data-start=”786″ data-end=”844″>14. Centralize Visibility Across Programs and Projects<br data-start=”844″ data-end=”847″> Disparate tracking by spreadsheet or siloed bank accounts can hide risk. We recommend real-time dashboards that show cash flow, encumbered funds, and available balances across restricted and unrestricted buckets—so leadership can make informed, confident decisions.

    <strong data-start=”1114″ data-end=”1186″>15. Build Financial Resilience Through Infrastructure, Not Just Cuts<br data-start=”1186″ data-end=”1189″> While cost reduction is tempting, strengthening internal financial infrastructure (like fund accounting systems, integrated reporting, and card controls) creates resilience. These improvements often <em data-start=”1388″ data-end=”1394″>save money by reducing errors, fraud risk, and manual overhead.

    Happy to share more insights from our work if helpful—appreciate everyone’s ideas here!

    Warmly,
    Femi
    Mazlo
    Fiscal Sponsor Partnerships

Join a space designed to foster support, inclusivity, and respect for every voice.

Ask questions, share experiences, and connect with peers and experts who value your insights. Your contribution is invaluable - forum members bring a wealth of knowledge and experience, crucial for mutual growth and learning. We cherish your expertise and would love to have you enrich our forum! Let's build together, learn together, and support one another.