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Reply To: Windfall Gifts: What’s on your Mind?

I think the biggest challenge with windfall gifts is resisting the temptation to expand too quickly. A realistic multi-year budget and strong financial planning can…

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Reply To: What you need to do today in response to funding freeze threat

I agree that sharing real experiences from the nonprofit sector is valuable. This is because policymakers need to understand how these decisions affect organizations and…

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Reply To: Donation for the design, construction and outfitting of a new building

I’d lean towards releasing the restriction as the qualifying construction costs are incurred, rather than waiting until the building is placed in service. The donor’s…

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Reply To: What you need to do today in response to funding freeze threat

I think staying connected and informed is especially important when funding policies are changing. Nonprofits sharing their experiences with organisations like NCN can help ensure…

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Reply To: Nonfinancial uses of IRS Form 990

I don’t think a 990 alone tells the whole story. It can highlight useful financial and governance information, but context matters when interpreting unusual figures.…

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Reply To: What should donors look at when evaluating a charity’s financial health?

I think overhead percentage is only one small part of the picture. Reserves, revenue diversity, debt, cash flow and transparency can tell donors much more…

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Reply To: Comparative Benchmarks and Performance Measures ???

I think Charity Navigator and Candid can be useful starting points for reviewing nonprofit finances. Looking beyond programme ratios is important, particularly when considering reserves,…

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Reply To: Help Us Expand the 12 Financial Action Steps for Nonprofits!

I’d add a stronger focus on cash flow and unrestricted reserves. A nonprofit can look healthy on paper while still facing short-term pressure. Regularly reviewing…

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Reply To: Venmo account for Fundraising??

I’d be hesitant to attach the charity profile directly to your personal Venmo, even though Venmo allows charity profiles to connect to a personal account.…

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Reply To: Integrating Strategic Plans with the Operating Budget

I think the strategic plan and operating budget should be closely connected. It helps to identify the additional costs created by new priorities before they…

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