From a financial perspective, balancing mission, resources and sustainability are mathematically impossible in the short-run but obtainable if you take a long-term perspective. I remind myself of this fact every time I help organizations begin the process to assemble their next year’s budget. There are so many contributing factors to consider while assembling the budget. […]
Cultivating an Effective Working Relationship with Your Treasurer: Creating a Partnership
We often squander valuable resources. A Treasurer is a precious resource and we need to make sure we maximize the potential of that resource. Universally, nonprofit organizations indirectly undermine the benefits that can come from an interactive treasurer relationship. Why does this happen? Simple, nonprofit organizations just have too many barriers in place. Some of […]
Ethics and Finance Can Coexist: A New Decision Model
In our financial life as well as in our everyday business life and personal life we are constantly confronted with decisions both small and large that give us pause, even if only for a moment, but sometimes the decisions are so difficult that they even fall into the category of wrestling with it for days. […]
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