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…

What Nonprofits Need to Know About Restricted Funds

Why clear reporting, and clear rules, are the key to keeping donor trust.  Managing restricted funds is one of the most challenging accounting tasks nonprofit organizations face, even those with strong financial practices. We’ve seen it happen: A donor restriction overlooked in a spreadsheet can trigger a last-minute scramble at year-end, resulting in audit adjustments…

Read More…

Supporting Philanthropy in the Spotlight: Accounting for Celebrity and High-Profile Foundations

High-profile foundations (especially those associated with celebrities and public figures) bring a unique blend of influence and responsibility to the philanthropic world. With wide reach and media attention, these organizations are well-positioned to make an outsized impact. But with fame comes additional layers of risk: increased scrutiny, public pressure, and a relentless spotlight that rarely…

Read More…

What Your Fundraising Campaign Needs (Beyond Passion and Promotion)

Fundraising campaigns are essential lifelines for nonprofit organizations. They provide the funding necessary to carry out programs, pay staff, and deliver services that create lasting impact. But behind every successful campaign is something far less visible, and just as critical: financial tracking. Without solid processes in place to track the revenue raised and the expenses…

Read More…

Inflation, Recession, and Hostile Interest Rates: How Nonprofits Can Weather a Tough Economy… and Even Grow

By Chris Huntley, CFO & Advisory Solutions Manager at Chazin In April 2025, Federal Reserve Chairman Jerome Powell told the Economic Club of Chicago:  “The…administration’s tariffs are significantly larger than anticipated. The same is likely to be true of the economic effects, which will include higher inflation and slower growth.”  That small and between higher…

Read More…