Finance
Common Cents: Choosing the Right Treasurer for Your Nonprofit Board
In our roles at Propel, we get the opportunity to work with nonprofit finance staff and executive directors on a day-to-day basis. We have started to notice this trend becoming more common as rare cases of fraud make the news, and nonprofits face more scrutiny because of federal legislation changes. Right when nonprofits need strong treasurers, they are difficult to find.
Board Resource Update & New Trainings
Propel’s Training Director shares about upcoming offerings and the sunsetting of Board Connector. Read more to learn about what’s coming this spring and summer.
Don’t Forget to Complete Your Annual Nonprofit Registration!
It’s not uncommon for nonprofits’ registration to lapse, especially if there has been a change of address or leadership. Ensuring that your organization’s registration is up-to-date is an important annual activity. Set a recurring reminder in your calendar or add this activity to your annual checklist along with filing your 990.
A Spreadsheet Helps
One night, I was alone in my office worrying about the financial state of a nonprofit I worked for. The thought I kept having was, “this is bad.” I didn’t know how bad, or what bad meant. As I sat there looking for solutions, I realized I didn’t have a critical tool. I did what I would tell any other nonprofit financial leader in my situation: I made a cashflow statement. When you’re spinning out of control, honestly, a spreadsheet helps.
NPFSC24: What I’m Looking Forward To
I’ve been working on the annual Nonprofit Finance and Sustainability Conference—cohosted by Propel and the…
What Does CDFI Mean?
A few weeks ago, many of you joined us at the Nonprofit Finance & Sustainability…
How to Be Confident About Your Cash Balances
I wrote a blog post in the midst of the havoc in the financial markets…
Employee Retention Credits – There Is Still Time!
At the March Nonprofit Sustainability conference, a team from CLA (CliftonLarsonAllen LLP) will be presenting…