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Nonprofit Operating Reserves: How Much Do You Need?  

The Charity CFO

No matter what corner of the nonprofit world you find yourself in, every organization has one thing in common – the need for nonprofit operating reserves. While it may sound complex, it’s a vital part of the financial picture for nonprofit leaders to consider.

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5 Warning Signs of Nonprofit Cash Flow Issues

The Charity CFO

Cash flow isn’t just an issue for small nonprofits that depend on donations to meet payroll each month. A lack of cash on hand impacts nonprofit organizations of all sizes. A few years ago, we were working with a fully-funded nonprofit. . After all, their financial reports showed they had much more revenue than expenses.

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[ASK AN EXPERT] How To Pay For Capital Campaign Fundraising Expenses

Bloomerang

Today’s question come from a nonprofit employee who want advice on how to budget and pay for capital campaign fundraising expenses: . We put the consultant fees in our budget which is what we thought was the way to do it according to articles we read on capital campaigns , keeping the expense between 10 and 15% of the total campaign.

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Top 5 Nonprofit Financial Red Flags According to a CPA

The Charity CFO

As a CPA working exclusively with nonprofits and a former nonprofit auditor, I’ve looked at thousands of nonprofit financial statements over the past 10 years. Looking at that many balance sheets, you start to identify trends. Want to know if your nonprofit is headed for trouble? Risk of defaulting on loans .

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Nonprofit Communications: Navigating Donor Conversations

The Charity CFO

Nonprofit communications can be complicated, and sometimes awkward. It’s an avoidable fact of charity life that organizations are often in need of money – and donors are the primary source. While some organizations have significant endowments and reserves, many are operating without much sustained and reliable revenue.

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Industry Founders Challenge CDFIs to Embrace a More Expansive Vision

NonProfit Quarterly

At this year’s sector conference, organized by the Opportunity Finance Network (OFN), a sellout crowd of over 2,200 people participated and considered where CDFIs needed to go and what they needed to do. During its 37 years of operation, Grzywinski pointed out that the bank grew from an initial $40 million in assets to $2.5

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A Banker’s Case for Public Banking

NonProfit Quarterly

Image credit: nortonrsx on istock.com For over 20 years, I have explored how to change financial systems in the United States to promote greater equity and inclusion. This has led me to the conclusion that if we want to close the racial wealth gap, we need to get serious about public banking. How did I come to adopt this position?