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Part two: Build a financially strong nonprofit with cash flow management

Posted By Erica Crenshaw, Execute Now!, Tuesday, August 28, 2012

As we discussed in the first installment on this subject, financial vulnerability isn't something we readily discuss with one another. Yet, it's one of the most important core competencies in leading your nonprofit organization.

In my last post, we explored the importance of understanding and legitimizing your overhead expenses with donors and funders. Low levels of overhead funding leave nonprofits financially vulnerable, which directly impacts the quality of your programming. Setting cash flow goals, acknowledging the factors that may impact cash flow and monitoring your cash flow position are a few of the most important strategies for building your...

Read more at the Finance Fundamentals blog

 

by Erica McGeachy Crenshaw, President/CEO of Execute Now!, Inc. 

 

Tags:  cash flow  Execute Now!  Finance Fundamentals 

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