Recession Proofing and Loneliness

The free workshop is September 18 and 19th (details below) on Zoom. This is one workshop where you won’t be late because the subway was behind schedule! The first recession proofing we talk about is loneliness of leaders when facing external problems. Since I lead a nonprofit as well as serve as a coach, I… Read More

990 Snooping – Revenue is Vanity, Income is Sanity, Cash is Cash

There are four long-term sources of financing for nonprofits – Fee for Service, Government Grants and Contracts, Donor Advised Funds, and Charitable Giving. The 990 does not make this information available easily. On Page 1, they blend charitable donations with government contracts*, Schedule B is a report of all donors over $5,000 and frequently that… 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 – Sleeping Assets

Are Your Assets Resting? Why would you buy a truck or a bus for your company and fail to use it?  Why would you hire a new accountant and fail to use her? We are supposed to buy fixed assets and employ people and get more money back than we spent. Nonprofits will focus on… Read More

Are You Reading the Wrong Financials?

If you’re out of cash, you’re not the first leader to have the experience. In 2010, the New York Metropolitan Opera ran out of cash. They were surprised. They had a balance sheet which was filled with rich things. They had a budget of $291 million. Here they were, humiliated and humbly asking singers to… Read More

The Check That’s Not in the Mail!

Nonprofits under $6 million in revenue are sometimes labeled as in the ‘Valley of Death.’ That’s a term from the for-profit sector (Greg Crabtree et al.) and it refers to the need to scale up administration fast even when you can’t afford the cost of hr, legal, and marketing. Infrastructure cash problems often disappear at the… Read More

I can’t Fire Him. I’m Scared!

I had a job search in 1988 and finally got an interview for an executive position. I would be 2nd in command to a leader who planned a five year window for retirement. I was flown to Washington and then Philadelphia for interviews. The interviewers stressed that I would have considerable power. What’s not to… Read More