How to Build a Powerful & Strategic Nonprofit Dashboard

A dashboard allows a nonprofit to monitor both the effectiveness of this enterprise or business model, as evidenced by the organization’s financial health, and the impact of the programs and services being provided. The process of developing a powerful organizational dashboard should be inclusive and based on strategy, but the metrics should be sparing—with a…

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Cash Flow Management for Nonprofits

Cash flow management in any organization is nothing more than the mix and timing of cash receipts and cash payments.  In its most simplistic form, it is cash in and cash out and, ultimately, it is where budgets, projections and forecasts meet reality. It is critical to ensuring that funds are available to pay the…

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Fiduciary Responsibilities of a Nonprofit Board

The duties of board members are many. From steering the organization’s mission and purpose, to appointing new directors and overseeing fundraising, it is critical to the success of an NPO that board members understand their responsibilities. One of the most important functions of a board is to oversee the organization’s financials. Lack of proper financial…

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