If you were desperately thirsty for a drink of water, you wouldn't fill a funnel; you would fill a glass.
The same theory applies to your organization. While fundraising is paramount in any nonprofit, filling the glass in your nonprofit involves the equally important task of financial accounting and management...
In the latest Finance Fundamentals blog, available free to LANO Members and Friends, learn to avoid the vicious cycle that prompts nonprofits to under-report administrative costs and therefore request too little to keep themselves afloat.
In the current series of Finance Fundamentals posts, see how you can:
1) Recognize that your fundraising results are only as good as your diligence.
2) Analyze your true overhead costs.
3) Legitimize funding for programs and overhead.
[Click here to go to Finance Fundamentals...]
By Erica McGeachy Crenshaw, President/CEO of Execute Now!,Inc.