“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.” …
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….
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. …
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…
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…
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…
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.
Mapping stakeholders and systems can be powerful tools to increase equity and improve organizational decision making. But remember that the key to equity is inclusivity. As the author writes, “We must make space for everyone beyond the boundaries of our maps and Venn diagrams. This leaves room for future generations and for all the possibilities we cannot yet imagine.”
