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How Nonprofits Can Manage Cash Flow During Financial Challenges

Blackbaud

In a Q&A conversation with consultant and nonprofit CFO Andrew Horrow , many people asked about ways to understand cash flow when funding sources were fluctuating. Here are a few of his suggestions for tracking and managing your cash flow, along with strategies to help your nonprofit stay flexible during times of financial uncertainty.

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Supporting nonprofit and mission-driven affordable housing providers 

Candid

Critical to building and preserving more affordable homes are nonprofit and mission-driven housing providers. This lowers property revenue, even as material, labor, and insurance costs risea combination thats making building and operating affordable housing extremely difficult, or even infeasible.

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How to Improve Your Internal Controls to Minimize Audit Findings

Blackbaud

Why Your Organization Needs Effective Internal Controls An effective system of internal controls is essential for any nonprofit organization, whether you are required to have an annual financial audit or not. Financial Accountability: Donors, grantors, and the public trust nonprofits to manage their finances responsibly.

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Understanding Fiscal Agents: What They Do and When You Need One 

Wild Apricot

Running a nonprofit comes with a long to-do list – raising funds, managing programs, keeping records, staying compliant – the list goes on. It’s a lot to handle, especially if your group is new or operating without formal nonprofit status. When a nonprofit uses a fiscal agent, that agent isn’t just a middleman.

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​A nonprofit Swiss Army knife: How fiscal sponsorship works to help advance shared goals

Candid

Fiscal sponsorship offers changemakers a way to launch projects, expand existing nonprofit organizations, and/or embark on new collaborations more efficiently and effectively. Fiscal sponsorships also enable existing nonprofits to collaborate by pooling and administering funds toward a shared goal.

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How does grantmaker CEO compensation compare with grantmaking? 

Candid

While nonprofit organizations’ finances are regularly put under a microscope, grantmakers’ finances typically come under less scrutiny. n=447 Of the identified private foundations included in this analysis, one outlier was removed whose reported ratio was more than 50 times larger than the next largest value.

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Grant Budgets for Nonprofits: Common Budget Mistakes to Avoid

Grant Writing Made Easy

Let’s be honest: most nonprofit professionals didn’t get into this work for the spreadsheets. Grant budgets for nonprofits do more than outline expenses. But here’s the truth: grant budgets for nonprofits are just as important as the words on the page. Consult with finance staff or partners early.