Newest Nonprofit Articles

Nonprofit Strategic Planning: A Simplified Step-by-Step Guide
Operations | Leadership | Nonprofit Consultant

Nonprofit Strategic Planning: A Simplified Step-by-Step Guide

Discover the power of operating reserves in ensuring a nonprofit’s financial resilience. This comprehensive guide provides insights into the benefits of maintaining healthy reserves, real-life impacts during challenging times, and practical tips on building and maintaining operating reserves. Learn how to calculate the recommended operating reserve ratio and the importance of robust financial planning for your nonprofit’s longevity.

Nonprofit Leadership Articles

building culture - financial responsibility
Finance & Audit | HR | Leadership

Cultivating a Culture of Financial Responsibility in Your Nonprofit

Why Financial Responsibility Matters Financial responsibility is essential for nonprofits of all sizes. By fostering a culture of transparency and accountability, you’ll empower your entire team to contribute to the organization’s financial success. Let’s explore ways to create this culture…

Nonprofit Operations

debunked - operating reserve myths
Finance & Audit | Operations

Debunking Common Operating Reserve Myths for Nonprofits

Operating reserves play a crucial role in the financial stability and long-term sustainability of nonprofit organizations. These liquid, unrestricted assets are listed on a balance sheet as “Net Assets Without Donor Restriction,” following the 2018 Financial Accounting Standards Board (FASB)…

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