NonProfit Leadership Center

NOVEMBER 27, 2023

As a passionate member of the NLC board since 2021 and a public accountant in the Tampa Bay area since 1994, Michelle brings deep expertise in auditing and financial management to the organization and nonprofit sector. Sanchez, CPA Michelle is a member of Warren Averett, where she leads the firm’s nonprofit industry service team.

Nonprofit Leadership 147

Nonprofit Leadership Leadership Public and Nonprofit Management Manufacturing 147

The Charity CFO

APRIL 26, 2024

So what happens after you’ve found a few firms that offer the services you need? Working with someone who understands the unique financial challenges of nonprofits will make your partnership more seamless. How Do You Approach Financial Reporting for Nonprofits? Accurate financial reporting is essential to a nonprofit’s success.

Nonprofit Accountability 52

Nonprofit Accountability Finance Nonprofits Ethics 52

NonProfit Leadership Alliance

JULY 26, 2023

Be as detailed as possible when laying out these roles, such as defining terms of services and listing any required qualifications. Accurate bookkeeping in the fundraising stage sets you up to handle your annual financial reporting without any problems. Use a bookkeeping or accounting service to track all your financial activity.

Finance 200

Finance Governance Charitable Contribution Nonprofits 200

Nonprofit Marketing Insights by GlobalOwls

MAY 9, 2024

Financial Fuel for E-commerce Success: Proven Tactics In the fast-paced world of burgeoning e-commerce , fortifying your financial strategy isn’t just a luxury—it’s an imperative. Rigorous Financial Planning and Analysis In the volatile realm of e-commerce, simply reacting to events as they unfold is insufficient.

Finance 52

Finance Public and Nonprofit Management Psychology Production 52

NonProfit Leadership Alliance

OCTOBER 18, 2023

The CNP program’s curriculum ensures that these leaders are well-versed in nonprofit management, leadership, financial stewardship, marketing, fundraising, and the latest trends shaping the sector. Effective leadership is crucial for these organizations to thrive and continue to serve their communities.

Nonprofit governance and management 246

Nonprofit governance and management Nonprofit Leadership Leadership Foundations 246

Nonprofit Marketing Insights by GlobalOwls

NOVEMBER 29, 2023

Online KYC – A Customer-Centric Approach to Enhance User Experience The ideas behind Online KYC (Know Your Customer) extend back to the early 1990s when the global financial sector experimented with alternative approaches to identity verification. Online KYC Compliance: What Is It? Without technology, it may be a complete nightmare.

Governance 98

Governance Technology Insurance Law 98

NonProfit Leadership Alliance

APRIL 17, 2024

F rom Education to Nonprofit Management Nicole’s interest in public service began in high school, where her involvement in the Youth Volunteer Corps sparked her passion. Her role as Executive Assistant at the Brown Center for Autism exposed her firsthand to the struggles families faced in accessing essential services.

Public and Nonprofit Management 246

Public and Nonprofit Management Medical Nonprofit Leadership Universities 246

Fundraising Coach

MAY 1, 2024

Tailor reporting and impact updates While accurate financial reporting is crucial to avoid losing your 501(c)(3) status , it’s also a helpful way to show donors the impact of their contributions. He is credentialed as an Enrolled Agent, the highest designation of tax specialist recognized by the Internal Revenue Service.

Public and Nonprofit Management 59

Public and Nonprofit Management Nonprofits Activism Foundations 59

Nonprofit Marketing Insights by GlobalOwls

MAY 9, 2024

Software that automates routine tasks, such as accounting, customer service, and human resources, plays a crucial role in freeing up time for employees. When businesses can turn data into actionable insights, they can enhance their products and services, optimize their marketing strategies, and ultimately drive growth.

Technology 52

Technology Management Production Marketing 52

MNA Association

APRIL 24, 2024

With nonprofits seeing a recent decline in revenue across the board, it’s more important than ever to plan ahead financially. Fortunately, if your nonprofit keeps thorough records to file necessary tax forms , you’ve already got access to a key financial planning tool: bookkeeping data.

Finance 52

Finance Nonprofit Administration and Development Nonprofits Retention 52

Get Fully Funded

FEBRUARY 20, 2023

Board members should be able to help you decide if the programs and services you currently have are pertinent to the mission. They should also help create new programs and services that accomplish your mission plus help raise needed funds to fund the work. Your Board should also make a personal financial contribution to your nonprofit.

Nonprofit governance and management 116

Nonprofit governance and management Recruitment Public and Social Policy Governance 116

NonProfit Leadership Center

DECEMBER 18, 2023

READ ARTICLE 4 Lessons from 4 Decades of Nonprofit Service Emily H. READ ARTICLE 3 Questions with the Nonprofit Leadership Center’s New CEO Charlie Imbergamo On July 1, 2023, Charlie Imbergamo, MA, CFRE, became the new CEO of the Nonprofit Leadership Center.

Nonprofit Leadership 237

Nonprofit Leadership Leadership Nonprofit Finance Culture 237

NonProfit Leadership Center

MARCH 20, 2023

Petersburg Free Clinic Myriam Lugo, Development Manager, E.C.H.O. of Brandon, Inc.

Leadership 246

Leadership Nonprofit governance and management Participation and motivation Homelessness 246

Bloomerang

APRIL 22, 2024

This operational efficiency is critical not just for service delivery but for strengthening the foundation of volunteer-driven community support. Bloomerang Volunteer helped co-founder Amanda Anschutz quantify the financial value of volunteer contributions.

Volunteerism 92

Volunteerism Volunteerism Homelessness Recruitment 92

Stanford Social Innovation Review

FEBRUARY 19, 2024

Build Board Members’ Financial Expertise A board’s fiduciary responsibility is non-negotiable, and building generative board conversations doesn’t mean skipping reviews of investments, budgets, and funding for initiatives. This component of a meeting can too often get lost in thickets of financial information and evaluation data.

Nonprofit governance and management 113

Nonprofit governance and management Finance Governance Leadership 113

Bloomerang

FEBRUARY 16, 2024

Financial management is possibly the most important aspect of your nonprofit’s operation. The services and programs your organization delivers are vital, but improper or ineffective fund management is a disservice to your donors and the people and cause you serve. By learning about and prioritizing nonprofit financial management.

Management 97

Management Finance Nonprofits Health 97

NonProfit Leadership Center

JULY 31, 2023

Well-trained team members are more likely to make informed decisions, adapt to changing circumstances, and deliver high-quality services to their beneficiaries and our communities. Funding support for training and development enables leaders to enhance their strategic planning, financial management , fundraising and board governance skills.

Nonprofit governance and management 246

Nonprofit governance and management Governance Collaborations Leadership 246

NonProfit Quarterly

FEBRUARY 14, 2024

The widespread moral outrage also unleashed a torrent of financial pledges, which McKinsey has estimated to total $340 billion —all in the name of racial equity. Advancing Economic Inclusion Traditional financial institutions can play an important role in advancing economic inclusion.

Finance 72

Finance Culture Foundations Public and Social Policy 72

Top Nonprofits

FEBRUARY 13, 2024

In particular, effective financial management relies on having experts on your team with specific skills and knowledge in that area. Plus, they can check each other’s work to reduce errors and prevent financial risks at your organization. Receiving an in-kind donation of accounting services. That’s right, experts , plural.

Nonprofit governance and management 59

Nonprofit governance and management Finance Nonprofit Accountability Nonprofits 59

The Charity CFO

APRIL 24, 2024

Some of the most common KPI categories for nonprofits include financial, program-related, and operational metrics. Financial KPIs Financial KPIs are often some of the most important indicators of the health of an organization. Financial KPIs, in particular, are some of the most important tracking metrics for any organization.

Nonprofits 52

Nonprofits Finance Retention Nonprofit Accountability 52

The Charity CFO

APRIL 22, 2024

Additionally, burnout can cause the quality of your services or programs to diminish as employees pay less attention to detail or offer lower-quality customer service. High levels of burnout could pose legal, compliance, and financial risks as employees lose focus or drive in their jobs.

Public and Nonprofit Management 52

Public and Nonprofit Management Nonprofit Administration and Development Public and Social Policy Culture 52

Stanford Social Innovation Review

OCTOBER 19, 2023

To offer the best and equitable service, practitioners should develop a heightened self-awareness. Consider two hypothetical applicants for a financial assistance program geared toward homelessness prevention. This is financial stewardship and equity at work to further sustainability for households at risk of falling into homelessness.

Homelessness 119

Homelessness Race and Ethnicity Public and Social Policy Nonprofit governance and management 119

NonProfit Quarterly

MAY 17, 2023

Coproduced by Partners for Rural Transformation, a coalition of six regional community development financial institutions, and NPQ , the authors highlight efforts to address multigenerational poverty in Appalachia, the rural West, Indian Country, South Texas, and the Mississippi Delta. In places of great need, financial capital is critical.

Poverty 124

Poverty Finance Community Development Philanthropy 124

NonProfit Leadership Alliance

MARCH 29, 2023

Written by: Ryan Crowe, MA, ACNP Reading Time: 3 minutes Nonprofit organizations play a critical role in our communities, providing essential services and resources to those in need. Disruptions to operations could have significant consequences, including reduced service delivery or even the organization’s closure.

Non-Profits 130

Non-Profits Nonprofit Administration and Development Non-Profit Management Public and Nonprofit Management 130

The NonProfit Times

APRIL 26, 2024

Welch Stubbing joins National Philanthropic Trust, in Jenkintown, Pennsylvania, as president and CEO after serving as president and CEO of E4E Relief since 2017 E4E Relief is a national nonprofit offering emergency financial relief programs for global companies and communities.

Public and Nonprofit Management 52

Public and Nonprofit Management Philanthropy Foundations Associations 52

The Charity CFO

OCTOBER 16, 2023

It may not seem like a significant aspect of your organization’s financial situation, but picking the right nonprofit banking partner is one of the most vital decisions leaders can make. Remember to carefully look over account terms for both financial and non-financial things of note.

Non-Profits 59

Non-Profits Nonprofits Finance Energy 59

The Charity CFO

MARCH 22, 2024

Most nonprofits will use at least one of three types of data: Financial data: Financial data includes any data relating to the finances of the organization, such as revenue or expense data. Program-based data: Program-based data helps organizations create insights into the effectiveness of their programming or services.

Nonprofit Leadership 52

Nonprofit Leadership Leadership Nonprofit governance and management Finance 52

The Charity CFO

MARCH 28, 2024

Taking a close look at your current system helps you identify problem areas in your financial recording methods. Get Your Financial Policies and Procedures in Order Does your organization have written financial policies and procedures in place? It’s also an important tool for transparency within your nonprofit.

Nonprofit Accountability 52

Nonprofit Accountability Public and Nonprofit Management Nonprofit governance and management Nonprofits 52

Nonprofit Megaphone

FEBRUARY 21, 2024

Corporate Sponsorships and Partnerships: Win-Win Propositions A corporate sponsorship or partnership offers a mutually beneficial relationship that goes beyond mere financial transactions. By pooling skills, networks, and financial resources, nonprofits can achieve goals that might be unattainable individually. In-kind sponsorships.

Collaborations 52

Collaborations Nonprofit Administration and Development Public and Nonprofit Management Nonprofits 52

The Charity CFO

FEBRUARY 8, 2024

Does the idea of a financial audit on your nonprofit leave you feeling nervous? For many nonprofits, a full financial audit can help ensure the accuracy of their financial recordkeeping. Luckily, not all financial situations require an audit. An audit is a deep dive into the financials of a business or organization.

Nonprofit governance and management 52

Nonprofit governance and management Finance Governance Health 52

Stanford Social Innovation Review

NOVEMBER 13, 2023

By Joe Lee , Annie Newman & Bry Pardoe Public perceptions about government and government service delivery are at an all-time low across the United States. This is taking place against the backdrop of a rapidly digitizing world that places a premium on speedy, seamless, simple, and secure customer service.

Governance 119

Governance Public and Social Policy Collaborations Production 119

The Charity CFO

JANUARY 12, 2024

Financial forecasting is a term you’ll hear thrown around in the business world quite often—but in the world of nonprofits, it can be difficult (and even downright impossible) to plan your organization’s finances with any degree of certainty. The best way to do this is through financial forecasting.

Finance 52

Finance Nonprofits Nonprofit Accountability Management 52

Candid

DECEMBER 20, 2023

You should also have a plan for how to effectively manage your funding, which is where your financial strategy comes into play. Set financial goals for your organization Before creating your operating budget, check in with your strategic plan. This approach also maintains consistency with their end-of-year financial reports.

Nonprofit governance and management 108

Nonprofit governance and management Nonprofits Governance Food 108

The NonProfit Times

MAY 9, 2024

In many low-income Black communities, support services come from locally-based nonprofits — day care centers, after-school programs, senior centers, libraries, churches, and so on. Shoring them up, first, would allow them to sustain services to high-need populations. Here is one practical approach.

Insurance 52

Insurance Education Education Collaborations 52

NonProfit Quarterly

FEBRUARY 27, 2024

When nonprofits cannot hire enough employees to provide vital services, the public suffers. Data from this survey and others show that along with increased demands for services, there are longer waiting lists, reduced services, and sometimes elimination of services.

Governance 110

Governance Recruitment Nonprofits Health 110

NonProfit Quarterly

APRIL 19, 2023

There are many villains (think, for example, “Big Pharma” and insurance companies), but a growing driver of these high costs are private equity firms and the rapacious financialization they pursue. The losses to hospitals and communities are not only financial. It also reduces the quality of healthcare services.

Health 118

Health Healthcare Medical Insurance 118

The Charity CFO

JANUARY 30, 2024

Reasons a Nonprofit Merger Would Be Beneficial Ongoing Financial Struggles or Instability Organizations that have regular financial struggles or face ongoing financial instability can’t meet the goals of their mission. A merger, then, could be a good solution to ongoing financial struggles.

Nonprofits 52

Nonprofits Finance Advertising Nonprofit Accountability 52