“The people who are crazy enough to think they can change the world are the ones who do.”— Rob Siltanen. Without nonprofit organizations (NPOs) vulnerable people and communities would remain disenfranchised, with their social, cultural, and environmental needs unmet. Luckily, there are NPOs that provide these support services. The thing is, they also need support [...]
Empowering Eastwood Forests For Financial Efficiency Overview Eastwood Forests is a brand new investment management company dedicated to forestland investments that generate competitive financial returns and positive ecological impacts. [...]
Nonprofit healthcare organizations are largely focused on providing healthcare to the community, however they can not ignore the business-critical aspects of the operation. In addition to adhering to GAAP standards, there are strict guidelines to follow which ensure that the organization complies with regulations and shows accountability by submitting accurate financial statements annually. Nonprofit [...]
It’s management's fault! This is a common phrase in the business world and no matter how hard we work as managers it is challenging to wear a multitude of hats and keep everything perfect while maintaining a cool head and being the inspirational leader that gets things done. In a Nonprofit, the role of a [...]
A lot of blood, sweat and tears goes into running a Nonprofit organization, as is evident by the frequent cases of burnout and secondary traumatic stress experienced by employees. This is because Nonprofits have to do as much, if not more than for-profits with much less money. Aside from the common issues that for-profits face, [...]
The key to any business's success sits in their financial statements. In an ever-evolving world of business, successful leaders know that the right foundation starts with strong financial management. In the scope of Nonprofits, this couldn’t be more true as Nonprofits are met with a unique set of financial challenges that need to be managed [...]
Having financial experts on your board helps to avoid financial governance issues. However, this is not a mandatory requirement. This is not to say that you can rest on your laurels. Better governance comes from having a basic understanding of how to read and interpret financial statements. A clear strategic plan, sound policies and knowing [...]
Have you ever wondered how to increase your donor engagement using all the technology available to Nonprofits? In this blog we will unpack the idea of donor engagement, why it's important, and how to increase engagement from preexisting and new donors because without engaging your donors you won’t be able to build trust and [...]
“Scenarios enable new ideas about the future to take root and spread across an organization— helping to overcome the inertia and denial that can so easily make the future a dangerous place.” - Eamonn Kelly, CEO of GBN Within the ever-changing world, Nonprofits face uncertainty when it comes to how societal, economic, and industry [...]
Nonprofit organizations (NPOs) might not be revenue-driven, but that doesn't mean they operate on a wing and a prayer. Fundraising and sound financial management are critical to their service delivery. Grants are particularly useful to fund specific initiatives, either to launch something new or broaden the scope of an existing program. The thing is, [...]
