Nonprofit Budgeting: Why Budgets Aren’t About Numbers, They’re About Words

“I am a budget advocate ,” says Christopher Huntley, CFA, CFO & Advisory Solutions Manager at Chazin. “A good budget does something much more important than predict next year’s revenue and expenses. Done correctly, it makes nearly everything that follows: accounting, financial reporting, variance analysis, management decisions, and Board oversight both easier and better.” …

Read More…

The Hidden ROI of Outsourced Accounting

Every Executive Director (ED) knows that moment: financial tasks start eating into mission-critical duties, reporting takes a backseat, and monthly closes become less than consistent. You need financial help. It’s an easy trap to fall into. The mission comes first, so accounting quietly slides to the bottom of the list, until it becomes the reason…

Read More…

The Barracks Legend Foundation and Chazin: The Financial Foundation Behind a Lifesaving Mission

What does it take to save a life? In Angelo Martinez’s case, it was a phone call.

In 2019, Angelo, a Marine Corps veteran, was prepared to take his life. Right in that moment, his phone rang. A Marine that Angelo had recently met called: Would Angelo join him and some other veterans in a Christmas video? So, Angelo found himself on a beach, dressed as a Navy SEAL Christmas elf, and feeling, for the first time since leaving the military, camaraderie. The sense of being among people who understood him. The phone call didn’t just save his life. It became the blueprint for saving others. …

Read More…

Before You Hire a CFO: What Every Nonprofit Leader Needs to Know

Passion builds nonprofits. Strategy makes them successful. You need to know how to best use your resources and not squander your hard-won dollars. That’s where your CFO comes in. The CFO is like the co-pilot of your flight: You’ve got the dream destination and the plane to get there, but your co-pilot knows how much fuel you need to make the trip, where you’ll encounter turbulence, and when it’s time to change course. A high-performing finance function is essential to the success of every nonprofit. A bad hire can leave…

Read More…

The Nonprofit Leader’s Guide to Financial Resilience in a Changing Giving Landscape

Tax reform. Economic shifts. Changes in federal funding. Evolving donor behavior. For nonprofit leaders, external forces that impact charitable giving aren’t a matter of if, they’re a matter of when. And the organizations that weather them best aren’t the ones that react the fastest. They’re the ones that were already prepared.  When things shift, the instinct is to ask, “What does this mean for us?” But the more pressing…

Read More…

Employee Spotlight: Joel Foret

Employee Spotlight is a blog series meant to offer an inside look at our company culture and, most importantly, highlight the talented individuals who help make our company special. From accountants and software implementation specialists to operations, marketing, and HR professionals, get to know the people behind Chazin. Today, we are getting to know Joel,…

Read More…

American Society for Public Administration and Chazin: Accurate Numbers, Confident Leadership

When Bill Shields became Executive Director of American Society for Public Administration in January 2014, he arrived knowing the organization well. Having worked alongside ASPA for years at prior nonprofits, he knew its people, its members, and its mission. What he didn’t know was the extent of rebuilding that would be required. And where that was really apparent? In their finances. …

Read More…

When the Money Finally Arrives: Why Multiyear Funding Raises the Bar, Not Lowers It

For most Executive Directors, their problem isn’t mission focus; it may not even be funding. It’s timing. Unrestricted annual funds mean that each Jan. 1 feels like starting over. Windfall years can lead to a cash reserve, but that reserve is accidental and reactive, not strategic. Multiyear funding promises to change that; however, accessing it and making it work demands more than most organizations expect. Key Takeaways: Multiyear funding is not the…

Read More…

Employee Spotlight: Sarah Brunick

Employee Spotlight is a blog series meant to offer an inside look at our company culture and, most importantly, highlight the talented individuals who help make our company special. From accountants and software implementation specialists to operations, marketing, and HR professionals, get to know the people behind Chazin. Today, we are getting to know Sarah,…

Read More…