Nonprofit MDA CFO attributes $5M cost reduction to streamlined operations, tech
CFO Dive
MAY 16, 2024
Since rising to the CFO chair in 2018, Michael Kennedy pared down the nonprofit’s back-end from 65 systems to one platform.
The Charity CFO Financial Blueprint: What the Best-Run Nonprofits Have in Common
The Charity CFO
APRIL 1, 2025
At The Charity CFO , weve worked with hundreds of nonprofits (if not thousands)and reviewed thousands of financial systemsover the past decade. From grassroots organizations to $20M+ institutions, weve seen firsthand what sets high-performing nonprofits apart. Its not just about clean books or audit prep.
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Doing More With Less: The Modern Finance Miracle
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From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter
Protect What Matters: Rethinking Finance Ops In A Digital World
Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future
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Detroit nonprofit sues ex-CFO over alleged $40M embezzlement
CFO Dive
JULY 25, 2024
The former finance chief breached his fiduciary duty and caused “enormous financial devastation,” according to the complaint.
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300 Webinars
Doing More With Less: The Modern Finance Miracle
The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It
From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter
Protect What Matters: Rethinking Finance Ops In A Digital World
Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future
Is Your Leadership Holding Back Your Nonprofit?
The Charity CFO
APRIL 25, 2025
Is Your Leadership Holding Back Your Nonprofit? Sometimes, the biggest obstacle to transformation in a nonprofit isnt lack of funding, staff turnover, or outdated systems. From Silos to Alignment Whether you lead a $500K nonprofit or a $50M one, your departments dont naturally align themselves. Its leadership.
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The Nonprofit Budget Balancing Act: Crafting Budgets for Fundraising Success
The Charity CFO
APRIL 11, 2025
The Nonprofit Budget Balancing Act: Crafting Budgets for Fundraising Success Nonprofit leaders know all too well that crafting budgets isnt just about numbersits about storytelling. Why Nonprofits Need Multiple Budgets Different funders have different priorities. For guidance, refer to our nonprofit budgeting best practices.
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Personal Branding for Nonprofits: Why Leaders Can’t Afford to Stay Invisible
The Charity CFO
MARCH 26, 2025
In this episode of A Modern Nonprofit Podcast , Tosha Anderson and branding expert Seth Donlin unpack why personal branding is no longer optional for nonprofit leadersand how it can drive deeper donor engagement, visibility, and trust. Make it clear why you do this work. Thats why your brand should never be tied to one job title.
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Why Every Nonprofit Needs a Skilled Accounting Team
The Charity CFO
MAY 12, 2025
When youre running a nonprofit, its tempting to think of accounting as something you can get by withmaybe its a part-time admin, a volunteer with QuickBooks experience, or a reactive scramble at tax time. Build the Right Foundation At The Charity CFO, weve worked with hundreds of nonprofits of all shapes and sizes.
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Nonprofit Branding: How to Share Your Mission
The Charity CFO
JANUARY 29, 2025
In the latest episode of A Modern Nonprofit Podcast, host Tosha Anderson sits down with Howard Levy, branding and marketing strategy expert from Red Rooster Group , to discuss the importance of brand strategies for nonprofits and how organizations can keep their brands relevant in today’s rapidly changing landscape.
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Corpay CAO steps up as CFO exits for nonprofit
CFO Dive
MARCH 19, 2025
Alissa Vickery is taking over as interim CFO as Tom Panther has left the company to become CFO of the National Christian Foundation.
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Is Your Website Working for You? The Nonprofit Guide to Smart Digital Marketing
The Charity CFO
APRIL 20, 2025
The Nonprofit Guide to Smart Digital Marketing If you’re a nonprofit leader feeling overwhelmed by digital marketingor unsure if your website is even helping you anymorethis episode of A Modern Nonprofit Podcast is for you. Is Your Website Working for You? What do you do? Why do you do it? Who do you serve?
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Scaling a Nonprofit: Lessons from Southside Blooms’ Rapid Growth
The Charity CFO
JANUARY 22, 2025
In a recent episode of A Modern Nonprofit Podcast, host Tosha Anderson sat down with Quilen Blackwell, president and co-founder of Chicago Eco House , to discuss his journey in scaling a nonprofit organization. Read more about scaling a nonprofit here. Having legal counsel on retainer became essential.
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Nonprofit Budgeting 101
The Charity CFO
FEBRUARY 20, 2025
Nonprofit budgeting may be a source of dread for many, but there are ways to make the process (and outcome!) Keeping that in mind, let’s go over what we’ve learned at The Charity CFO While supporting hundreds of nonprofits with their budgets. much better. Forget about the numbers for a second.
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Non-profit’s former executives arrested for $3.7M fraud scheme
CFO Dive
SEPTEMBER 27, 2023
The criminal charges follow a three-year investigation by the state of Florida into misconduct by the nonprofit’s former CEO and CFO.
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Fundraising vs. Sales: What I Wish I Knew about Sales When I was a Fundraiser
The Charity CFO
JUNE 4, 2025
Thats what I told myself for years… And then I left the nonprofit world and entered the for-profit sectorand I realized just how wrong I was.” His journey from nonprofit development to business development gave him a new appreciation for what fundraisers can learn from for-profit sales teams.
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Unlocking Financial Success: Essential Skills Every Nonprofit Leader Must Master
The Charity CFO
FEBRUARY 13, 2025
As a nonprofit leader, you’re passionate about your mission. At The Charity CFO, we’ve seen firsthand how understanding these key areas can transform your nonprofit’s financial health. In this blog, were diving into a subject near and dear to our hearts at The Charity CFO – sustainability.
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Bridging the Gap: Finance and Development as Critical Partners in Nonprofit Success
The Charity CFO
JANUARY 15, 2025
Nonprofit success depends on many things. In the latest episode of A Modern Nonprofit Podcast, host Tosha Anderson sat down with Paul Morris, Executive Fundraising Coach at Auxilia , to discuss the critical partnership between finance and development in nonprofits. Learn more about compliance requirements for nonprofits here.
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The Role of Your Nonprofit CFO in Executive Management
Capital CFO LLC
DECEMBER 2, 2024
In the nonprofit sector, financial management plays a critical role in ensuring that an organization not only sustains its mission but thrives in delivering its services and programs. Often, the person at the helm of financial stewardship is the Chief Financial Officer (CFO).
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Accounting as a Shared Responsibility? Why the Most Effective Nonprofits Share Financial Management Across Leadership Teams
The Charity CFO
JANUARY 22, 2025
Many nonprofit leaders think accounting belongs solely to their CFO or accountant. The truth is, many successful nonprofits empower leaders to manage their own department budgets. Why Shared Financial Responsibility Matters A single CEO, CFO or accountant should not hold all financial knowledge.
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Mastering Donor Engagement: Strategies for Nonprofit Fundraising Success
The Charity CFO
FEBRUARY 19, 2025
The Power of Mission Clarity in Nonprofit Fundraising In this enlightening episode of A Modern Nonprofit Podcast, host Tosha Anderson engages in a thought-provoking conversation with Erin Straza, CEO and Chief Donor Engagement Strategist for nonprofits at ErinStraza.com.
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Unlocking the Power of Data Storytelling for Nonprofits
The Charity CFO
FEBRUARY 26, 2025
In the latest episode of A Modern Nonprofit Podcast, host Tosha Anderson sits down with Drew Reynolds, Principal Consultant at Common Good Data , to explore the critical intersection of data, storytelling, and fundraising in the nonprofit sector. And what did you learn from it?”
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Is Your Nonprofit Ready for Increased Funding Scrutiny? Here’s How to Prepare
The Charity CFO
MARCH 13, 2025
Is Your Nonprofit Ready for Increased Funding Scrutiny? Heres How to Prepare The financial landscape for nonprofits is shifting, and the pressure is mounting. With government funding and donor contributions facing heightened scrutiny, nonprofit leaders must ensure their financial systems are rock solid. The good news?
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Top 5 Signs Your Accounting Is a Mess (And How to Fix It)
The Charity CFO
MAY 13, 2025
Top 5 Signs Your Accounting Is a Mess (And How to Fix It) When your nonprofits finances feel offbut you cant quite put your finger on whyits often because the accounting system is quietly unraveling behind the scenes. Missed state or federal deadlines can even put your nonprofit status at risk. This isnt just about spreadsheets.
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KPIs You Should Be Tracking in a Nonprofit
The Charity CFO
DECEMBER 23, 2024
Successful nonprofits and for-profit businesses alike use a variety of key performance indicators (KPIs) to help track their organizations performance. This guide will explore some of the most common nonprofit KPIsincluding how to calculate themto help you pick the right KPIs for your nonprofit.
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Why Your Nonprofit Should Care About Corporate Volunteer Programs (And How to Tap Into Them)
The Charity CFO
MARCH 12, 2025
If your nonprofit isnt engaging corporate partners, youre leaving money, volunteers, and long-term support on the table. But too many nonprofits miss out. Why Nonprofits Should Care Corporate volunteer programs like this exist everywhere, but they need nonprofits to partner with. The corporate world is changing.
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Building a Grant Team That Works: The 6 Roles Every Nonprofit Needs
The Charity CFO
MAY 6, 2025
Building a Grant Team That Works: The 6 Roles Every Nonprofit Needs Grant writing is more than just a skillits a strategy. Too many nonprofits are flying solo, reacting to deadlines instead of building a system that works. Grouping the Roles: Work Smarter, Not Harder Most nonprofits cant hire six new people. And thats okay.
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How Nonprofits Can Use Data to Drive Accountability & Growth
The Charity CFO
MARCH 6, 2025
The Importance of Setting Goals and Tracking Them in Nonprofit Management As nonprofit leaders, one of our biggest responsibilities is to set clear expectations, measure progress, and hold teams accountable. Why Nonprofits Need Data KPIs allow nonprofit leaders to: Set measurable goals for fundraising, programs, and operations.
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The Difference Between Traditional Payroll and a PEO for Nonprofits
The Charity CFO
DECEMBER 23, 2024
As a nonprofit leader, you’re constantly looking for ways to streamline operations and maximize resources. As a nonprofit organization, there are many pitfalls around payroll and you need to be aware of the rules. Many nonprofits handle payroll in-house or outsource to a payroll provider.
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Nonprofit Fraud: And What an Audit Won’t Catch
The Charity CFO
MARCH 20, 2025
The Silent Threat Lurking in Your Nonprofit Think your nonprofit is safe from fraud? Fraud happens in nonprofits far more often than leaders realizeand its not just the obvious scams. ” Jason Kruger Too many nonprofit leaders believe an annual audit guarantees financial security. Think again. Audits wont catch it.
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Nonprofit HR Risks and Best Practices with Dr. Tiffany Slater
The Charity CFO
OCTOBER 28, 2024
In a recent episode of A Modern Nonprofit Podcast, host Tosha Anderson sat down with Dr. Tiffany Slater, an nonproift HR expert and founder of HRTailorMade. The conversation centered around common HR risks faced by nonprofit organizations and best practices for avoiding potential pitfalls. Want to jump right in?
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Surviving (and Thriving) in Fundraising: The Nonprofit Wake-Up Call
The Charity CFO
MARCH 4, 2025
Surviving (and Thriving) in Fundraising: The Nonprofit Wake-Up Call Lets be honestfundraising isnt getting any easier. In fact, if it feels like raising money for your nonprofit has become an uphill battle, thats not just a feeling. He dropped some truth bombs that nonprofit leaders need to hear. So, whats the game plan?
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Federal Single Audits: The Top 7 Findings
The Charity CFO
APRIL 2, 2025
When it comes to Federal Single Audits , nonprofits often make costly mistakes that lead to compliance issues, financial weaknesses, and material deficiencies. Below, we break down the top audit findings and what nonprofits need to know to stay compliant. Make sure your documentation is complete.
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How Companies Can Partner with Nonprofits
CFO News Room
NOVEMBER 27, 2022
In today’s ESG-focused world, there is no taboo about corporations seeking advice and partnership opportunities with nonprofits. What contact they have had with nonprofits has usually been through their corporate giving or corporate social responsibility programs. The very best nonprofits have much to teach corporations.
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Nonprofit Agenda Management: Empowering Organizational Success
Capital CFO LLC
OCTOBER 23, 2023
Introduction Nonprofit agenda management at its core is a game changer. Building the right agenda is a tool in your […] The post Nonprofit Agenda Management: Empowering Organizational Success appeared first on Capital CFO+. It helps you to run efficient, effective and productive meetings.
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Build a Strong Leadership Team with Financial and Operational Accountability
The Charity CFO
APRIL 29, 2025
Build a Strong Leadership Team with Financial and Operational Accountability Behind every financially sound nonprofit is a leadership team that doesnt just care about the missionbut also owns the outcomes. Why Leadership Teams Matter More Than Ever Over the last decade, our team at The Charity CFO has worked with 200+ nonprofits.
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Recruitment and Retention Strategies for a Nonprofit
The Charity CFO
DECEMBER 30, 2024
In a recent episode of A Modern Nonprofit Podcast, host Tosha Anderson sat down with Greg Miller, President and CEO of Penn-Mar Human Services, to discuss the critical issues of recruitment, retention, and strategic partnerships in the nonprofit sector. He encouraged organizations to think creatively and start small if necessary.
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Is My Nonprofit Ready For Federal Grant Funding?
The Charity CFO
MAY 6, 2022
According to The Nonprofit Times, almost 80% of all nonprofit revenue comes from the US government in the form of federal grant funding or fees for services. No, you don’t always need a nonprofit audit in order to qualify for federal grant funding. . Don't hire the wrong accountant for your nonprofit! Get the free guide!
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Nonprofit Audit Checklist (+ Free PDF Download)
The Charity CFO
APRIL 29, 2022
Many nonprofit organizations both large and small need to undergo a financial statement audit every year. Preparing for a nonprofit audit can be overwhelming and anxiety-filled, especially if it’s your first audit or you don’t have a strong and experienced financial team. How to prepare for your nonprofit audit: Step 1: The Roadmap.
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Unlocking the Power of Harmonious Leadership in Nonprofits
The Charity CFO
DECEMBER 11, 2024
In a recent episode of A Modern Nonprofit Podcast, host Tosha Anderson sat down with Mohan Sivaloganathan, CEO of Our Turn and advocate for youth leadership and equity in education, to discuss the concept of harmonious leadership and its potential to transform the nonprofit sector. Want to jump right in?
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Decision-Making in Nonprofits: Insights from a Data Expert
The Charity CFO
DECEMBER 4, 2024
In the latest episode of A Modern Nonprofit podcast, host Tosha Anderson sat down with Sawyer Nyquist, a data expert who specializes in analytics and data management for nonprofits. ” From Data Warehouse to Decision Driver The conversation touched on the evolution of data use in nonprofits. .
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How CFO Services Solve Financial Challenges For Nonprofit Organizations
Driven Insights
AUGUST 2, 2024
Raise your hand if you're a nonprofit executive director (or you serve on a nonprofit board) and have a long list of mission-advancing ideas but scarce resources to make them a reality. Keep it in the air if your board has limited financial information upon which to base its guidance/counsel.
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How To Avoid Nonprofit Accountant Turnover
The Charity CFO
SEPTEMBER 2, 2022
Not surprisingly, this above-average employee turnover impacted nearly every industry, but it has hit nonprofits and financial professionals particularly hard. . However, nonprofit accountant turnover is not a new problem in the sector. Why Do Nonprofit Accountants Quit? Why Do Nonprofit Accountants Quit? Low salaries.
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Nonprofit Board Myths, Truths, and the Path to a Board That Works
The Charity CFO
JUNE 10, 2025
In this candid and honest conversation on A Modern Nonprofit Podcast , Tosha Anderson chats with ENGin founder Katerina Manoff about the realities of nonprofit board leadership—and how to finally create a board that serves your mission instead of slowing it down. What if the problem with your board… wasn’t your board?
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5 Warning Signs of Nonprofit Cash Flow Issues
The Charity CFO
APRIL 12, 2022
Cash flow isn’t just an issue for small nonprofits that depend on donations to meet payroll each month. A lack of cash on hand impacts nonprofit organizations of all sizes. A few years ago, we were working with a fully-funded nonprofit. . On paper, they were a flourishing organization— a model of nonprofit success.
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Your Nonprofit Training Isn’t Working—Here’s How to Fix It
The Charity CFO
MAY 20, 2025
Tosha Anderson The Hidden Cost of Poor Training In a nonprofit world defined by high turnover, tight budgets, and relentless mission work, training is too often an afterthought. Graham recommends nonprofit leaders begin by asking team members: What do you need to perform your job with excellence? Get the free guide!
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