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Reply To: Private: Managing and using cash reserves

We are going to be hosting an online event on October 27th which is on this issue of nonprofit reserves – the reality show. Among…

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Nonprofit Financial Commons Start Up Operations Officer

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Reply To: Private: Managing and using cash reserves

It’s great to read about the process and steps to building these reserves, Frederick. I think it’s important to note that it took time to…

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Reply To: Private: Managing and using cash reserves

Our organization included fundraising for cash reserves as part of our 5-year strategic plan.  We were able to fundraise 3 months of cash reserves as…

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Reply To: Private: Employee Retention Credit

Oh, that’s great to hear, Marvin – congrats, and thank you for sharing and affirming! Chitra sure is amazing – she helped me confirm we…

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Reply To: Private: Employee Retention Credit

Hey Sarah, If you have the chance and meet the financial criteria, PLEASE go for this money. We were able to get this money sooner,…

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Reply To: Private: Tips for budgeting with high inflation

A compilation of other responses to Kristine were sent in by email and are posted below. What I like about these is the specificity plus…

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Reply To: Private: Tips for budgeting with high inflation

No useful tips or tricks, but I feel you. I am our dedicated finance person, but trying to deal/budget for inflation is a huge struggle.…

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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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