Giving Tuesday may provide gifts for your nonprofit, but most of us need more than one Giving Tuesday! Financing your nonprofit programs through charitable giving is a cliff hanger because gifts come and go quickly. You probably have discovered that. I just analyzed the 990’s of a large, wonderful nonprofit in New York City. BUT… Read More
Are NonProfits in Cash Deserts?
Federal cash for social programs will drop massively by 20% Federal cash for NonProfits is lowest in 40 Year Average of GDP. In 2019, it drops to 11.1%. Social Security and Medicare costs place incredible pressure to shrink community development, education, arts, afterschool, LGBT civil rights, etc. Some of that money flows to states and… Read More
Recession Proofing Leadership Webinar September 18
Frustrated leaders can turnaround problems when the recession threatens income. Read More
7 Key Financials!
Leaders get lost in a fog of numbers when they only need 7 Key Financials to make decisions. I hope that you can join me at OpCon, June 13th, where I will be on a panel “What Nonprofits Need to Know About Nonprofit Accounting and Finance”. If you come with a CPA, bring aspirin as… Read More
Wasting Money to Count Money?
I stopped rolling pennies to take to the bank. I realized that I can only fill, tape, and address a roll of 50 cents every five minutes. My maximum profit is $6.00 per hour and it’s cheaper to use the machine at the grocery store! Now the same process is happening at the school that… Read More
Funding Sources Require More Than Annual Galas
NonProfits Face Shutdown?
Is your nonprofit about to lose money while you take a few well deserved days off? Can you afford to be home at Christmas? In 2013, 19,000 children were told to take care of themselves every day of the government shutdown. Headstart had to close until government restarted.. I coach nonprofits to build a secondary… Read More
Giving Tuesday Fever
Giving is a good thing. The United Nations Foundation and the 92nd Street Y started a giving campaign in 2014 that has gone viral. CauseVox states that 2017 raised $125 million more than 2016 – $300 million in total. They also point out that its a great time for donor education. 22 billion hits on… Read More
990 Snooping Sundays – Is Your Paycheck Safe?
This is the 5th of 10 articles on Sundays that look at the 990s to understand what is happening to nonprofits in general and give you some data for your own nonprofit. Today, the focus is on the ability of companies to make payroll. Is your next paycheck safe? I advocate for nonprofits to set… Read More
990 Snooping Sundays – 10% Surplus
I’m doing a 990 study. Each Sunday for 10 weeks, I will give out one insight for leaders. Most people ignore the 990 and its 16 additional schedules. Life is too short to do all that reading! Sustainability Let’s start with a critical number – Net Income or Surplus. To start a company, cash is… Read More