Communication is Key to Financial Leadership

If you’ve ever read anything about leadership development, you are well aware of how crucial communication is for leaders. They need to articulate their vision, discuss strategy, woo donors, and motivate staff. We know the difficult consequences that can arise when communication breaks down and how leaders often need to over-communicate in tough times to help turn things around.

IRS 990: What’s in it for me?

When nonprofit organizations complete the IRS 990, the standard federal reporting requirement for nonprofit organizations, most probably aren’t thinking about how they will use the form. The 990 is essentially a compliance document, explaining to the IRS the mission, governance, program activities and financial situation of an organization for the prior year. The IRS uses the form to not only make sure the organization still exists, but also to check to see that the organization is meeting the rules for charities, and basically doing the things that it said it would do.

Programmatic Sustainability: Are we there yet?

How do you know your programs are sustainable? Do you have the tools to tell you how you are doing, or are you like the kid in the backseat wondering, “Are we there yet?”

Is your board on board with financial leadership?

Stephanie Jacobs writes about four concepts board members need to understand to be effective financial leaders.

Build financial leadership to follow the golden rules

In this blog post, Stephanie Jacobs recaps a recent training about the twelve golden rules of nonprofit finance.