Nonprofit Financial Infrastructure Self-Assessment

This assessment questionnaire from the Wallace Foundation (formerly FMA) also links to relevant tools & templates on Wallace’s StrongNonprofits website based on the question or topic area.

“Each of the items… asks you to reflect on your organization’s alignment with what is considered ‘best practice’ around key elements of nonprofit financial management: budgeting and cash flow, data and analysis, operations, audit readiness, and governance and strategy.”—BDO FMA LLC, 2022.

Download the assessment.

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On October 8, 2025, Join Us for a National Town Hall on the Financial State of the Nonprofit Sector

Nonprofit GPS is a new, action-based community designed to help nonprofits navigate today’s disrupted revenue landscape. Built in consultation with organizations nationwide, it focuses on the real financial challenges nonprofits face — business model risks, capital management, budgeting, governance, and more. Together, we’ll share practical strategies and highlight bright spots of practice that strengthen missions, even in the most disruptive times.

At this event you will hear: an analysis of the current economic landscape for nonprofits and the implications for practice; what array of critical new resources will be offered by Nonprofit GPS over the next three months and beyond; and how to become involved as a practice leader in this community.
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