The Role of the Board in Nonprofit Financial Oversight Your board takes on many tasks to ensure your organization runs smoothly. One of their top responsibilities is assisting with financial management. Without proper financial oversight and practices, your organization won’t have the necessary resources to fulfill its mission. Help your board execute its essential role in overseeing your nonprofit’s finances and keeping your organization afloat. Let’s explore board members’ financial oversight responsibilities—including developing financial policies, […]

Navigating Funding Uncertainty: What Nonprofits Can Do Right Now Late last week, I answered a somewhat panicked phone call from a client and friend who works with one of my favorite nonprofit organizations. (I know, I shouldn’t have favorites, but…) The tone of the call was heartbreaking—frustration, exasperation, overwhelmed and a strange mix of defeat and optimism. This organization is owed three-quarters of a million dollars on a government contract signed well before the 2024 […]