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Why Nonprofit Founders Need to Take a Salary

The Charity CFO

It’s among the most hotly debated topics in the startup and nonprofit worlds. Should nonprofit founders draw an income even as they struggle to get their organization off the ground? Or should that money be plowed back into the nonprofit to boost growth and stability?

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How Do Nonprofits Make Money?

The Charity CFO

Nonprofits exist to meet a societal need or provide a public benefit. Unlike an organization whose primary goal is to make money, nonprofits exist to meet a community’s needs. That said, while it’s not your primary purpose, your nonprofit must find ways to make money. . How do nonprofits make money?

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Understanding the Job of a Nonprofit Operations Manager

The Charity CFO

million nonprofits globally. To ensure that a nonprofit runs efficiently, several people work behind the scenes to make things much easier, and one of those people is the operations manager. The operations manager might be the secret weapon of the most successful nonprofits we know. There are more than 1.54 That may include.

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Accounting for In-Kind Donations to Nonprofits

The Charity CFO

In-kind donations help your nonprofit get the resources you need to carry out your programs without asking for more cash. Almost any non-cash gift to your nonprofit can be considered an in-kind donation, but most of them fall into one of two categories: goods or services. . Why accounting for in-kind donations matters.

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Supervision, Trust & Culture Strategies for a Healthy Nonprofit

The Charity CFO

Nonprofit leaders often struggle to create an open, trusting culture that supports their staff in executing their mission. If you’re looking for proven ways to engage your team and improve the mindset of your nonprofit team, this episode is for you. Why a “kitchen in the living room” is typical weakness for nonprofit teams (4:58).

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Transcript: Marcus Shaw

Barry Ritholtz

Why is finance so bad at this? His name is Marcus Shaw. He has really a fascinating career and a focus these days. He really began as a traditional engineer/finance person working at IBM as a network engineer before he got his MBA at Duke. It’s Howard Marks of Oaktree Capital. So with no further ado, my interview with Marcus Shaw.

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How to Escape the Nonprofit Starvation Cycle

The Charity CFO

Ever wondered why so many nonprofits are stuck in their financial struggles that they end up failing their communities? Want to make sure your nonprofit doesn’t suffer the same fate? Chyla is the Founder and CEO of CNRG Accounting Advisory. Find out: Why Chyla lists “You Need to Eat” as one of her company’s values.