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Reply To: Private: Tips for budgeting with high inflation

Hi Kristine, I am the ED of a small nonprofit without a dedicated finance staff person. We encountered major price increases last year due to…

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Reply To: Private: Inflation outside of salaries?

Thanks so much, Jeff – I’d love to see your playbook and the research you did! (I may have missed if we have access to…

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Reply To: Private: Inflation outside of salaries?

I think that salaries and related costs also gets the most attention, and creates the most stress for leaders, because of the nature of the…

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Reply To: Private: Inflation outside of salaries?

Sarah – We did the same. I spent a good bit of time over the past year studying companies that have been virtual for a…

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Reply To: Private: Inflation outside of salaries?

Salaries are the biggest for our org for sure! We went fully remote during the pandemic and will stay that way, so rent isn’t an…

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Reply To: Private: Managing and using cash reserves

Thank goodness for organizations like Human Services Council, (for nonprofits), LiveOn NY (for aging network services) and United Neighborhood Houses (for settlement houses.) They are…

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Reply To: Private: Managing and using cash reserves

I am struck by this paragraph of yours Nancy: “Three nonprofits in my sector went out of business in the past two years and left…

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Reply To: Private: Managing and using cash reserves

I think the article is absolutely helpful in considering the pros and cons of endowments and reserves. I have had the experiences described in the…

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Reply To: Private: One time windfall

I’m wondering how equitable practices and the voices of people an organization serves might be included in the process more? With so many boards not…

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Reply To: Private: Inflation outside of salaries?

That is a great question. Do salaries get the most attention because they are, as you said, the largest percentage of the budget and really…

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