The nonprofit sector plays a crucial role in addressing global challenges, yet it faces persistent obstacles that hinder its effectiveness. Chronic underfunding, outdated technology, and inefficient practices are just a few of the issues that need urgent attention. Why is the nonprofit sector struggling? It’s important...
In the past, I have explored the mistake of running your nonprofit like a basic checkbook. Money in, money out, rinse and repeat. This is no way to excel in the nonprofit world. For nonprofit organizations, the efficient management of funds is a pivotal strategy that...
I think one thing we can all agree on is that the nonprofit sector is one where every penny counts. Which is why it’s so important for nonprofit organizations to fully understand the state of their finances—and also know when to pivot should financial strategies fail...