Cash is Cash, Sometimes
We’ve heard a lot from nonprofit clients in the last week or so about cash – too little, too restricted, or just right. Maybe the right amount, but the wrong timing. Maybe the right timing, but too...
View ArticleGive Your 990 a Workout
Now that most nonprofits have filed the new version of the IRS 990, you might be taking a deep breath of relief that you got that big change done with and over. Don’t let the 990 sit in a drawer,...
View ArticleTalk the Talk: Financial narrative advice from a funder
Brad Kruse, Program Director at Hugh J. Andersen Foundation with Steve Boland, Nonprofits Assistance Fund The Minnesota Council of Nonprofits’ Minnesota Foundations 2012 conference was another...
View ArticleUpdates to the Rule Book can impact the Story Book
Nonprofits Assistance Fund advises its clients to think about financial statements as a way to tell the story of their nonprofit missions. How organizations raise resources (mixes of earned and donated...
View ArticleExecutive Directors Embracing Financial Leadership
It’s been gratifying to hear and read the great feedback about An Executive Director’s Guide to Financial Leadership published in the current issue of The Nonprofit Quarterly. I enjoyed writing the...
View ArticleWhy board members miss the red flags
Nonprofits Assistance Fund is sometimes called in to help nonprofits when they have financial problems that have been building for a long time. Fortunately, financial turnarounds are possible and we’ve...
View ArticleWhy board members miss the red flags, part 2
A couple of months ago I posted Why board members miss the red flags to urge board members to pay a little less attention to short term budget information and a lot more attention to cumulative results...
View ArticleTaking our medicine
Since our job at Nonprofits Assistance Fund is giving advice and guidance to nonprofits on financial management and strategy, we’ve assembled a toolbox of approaches, templates, and methods. We’ve...
View ArticleCorrelation, causation, and communication
Staff at Nonprofits Assistance Fund frequently reminds clients that financial statements tell stories. Not just what dollars are in which category, but how do you use resources to accomplish your...
View ArticleGiving the board what they need, when they need it
Is your board stuck in a financial oversight rut? Does the board spend all of its time debating why your organization spent $200 more on printing this year when you really want them to focus on the...
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