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Reply To: Private: One time windfall
This might be a good time to revisit your strategic plan. Does that give any guidance about program development, growth , or asset acquisitions? Does…
Reply To: Private: Advice for our first Single audit
What should we expect for additional cost for a single audit?
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 means extra resources or resources in reserve—the difference between a hand-to-mouth organization and a vibrant one.
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.