Found 673 Results
Reply To: Private: Advice for our first Single audit
Hi! I am happy to share some high level information about the Single Audit and what to expect. What we typically consider a “regular” or…
Reply To: Private: Advice for our first Single audit
tried to find a resource on this topic as if would be nice to know the difference between a “federal” single audit and a normal…
Reply To: Private: One time windfall
Couple of thoughts: 1) tell program managers that you will listen to ideas but first they need to show you how the “spending” will help…
Organizational Slack (or Goldilocks and the Three Budgets)
Organizational slack is an important concept in the management literature, but you won’t find it mentioned in articles on nonprofits. It has several definitions, but all boil down to extra resources or resources held in reserve. The difference between a hand-to-mouth organization and a vibrant one is slack. Think of slack as the financial aspect of organizational capacity.
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 problems? Does owning a facility improve an organization’s financial health?
The Matrix Map: A Powerful Tool for Mission-Focused Nonprofits
The Matrix Map is a visual tool that plots all of the organization’s activities—not just its programs—into a single, compelling image. By illustrating the organization’s business model—through a picture of all activities and the financial and mission impact of each one—it supports genuinely strategic discussions.
How PRIs Work: A Basic Primer for Nonprofits
In addition to grants, foundations have been increasingly using Program Related Investments, or PRIs, to support nonprofits. PRIs can be a powerful tool to support foundation and nonprofit missions, but they only fit some projects. Understanding their value and uses can be useful for both foundations and nonprofits.
Rules of Engagement
Welcome to the Nonprofit Financial Commons! Our mission is to provide relevant and accurate content in a welcoming and supportive community to nonprofit financial leaders. …
StrongNonprofits Data and Analysis Toolkit
Financial decisions can be only as good as the data and analysis they are based on. The tools in this section will help you look at your financial information with an eye toward strategic decision making to help your organization carry out its mission over the long term.
Cash Flow in the Nonprofit Business Model: A Question of Whats and Whens
In recent years, the concept of the “business model” has gained a great deal of currency within the nonprofit sector, with nonprofit leaders as well as grantmakers and other stakeholders focused on understanding and improving the business and financial underpinnings of how organizations deliver on their missions.