6 Takeaways From This Year's #npfinance

It’s been a couple of weeks since the 4th Annual Nonprofit Finance and Sustainability Conference that Nonprofits Assistance Fund co-hosts with Minnesota Council of Nonprofits, and I’m still thinking about the topics, questions, and discussions from that day. The conference could not have had a better start than the keynote from Rodney Christopher, a Director on the Capital Deployment Team at F.B. Heron Foundation, on building strong nonprofit enterprises. Rodney invited us all to “let our nonprofit finance geek flags fly” and then provided us with inspiration and aspiration, with a strong dose of reality.

Is your board on board with financial leadership?

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

Overhead – good, bad, or both?

In this blog post, Kate Barr responds to "The Overhead Myth" and poses some important questions for all of us to consider.

I will gladly pay you Tuesday for a hamburger today

Steve Boland encourages nonprofits to define and determine the values of resources, opportunities and trade-offs in their financial planning.

Navigating our Mission-Money Matrix

Kate Barr reports back on our experience of "being our own client" and how these conversations led to exciting breakout sessions at our 2013 Finance and Sustainability Conference.

Creating context: Benchmarks in nonprofits

Setting nonprofit financial benchmarks can tricky, requiring contextual information. In this post, Steve Boland shares some resources available to help determine the appropriate benchmarks for your organization.

Taking our medicine

Kate Barr shares what it means for Nonprofits Assistance Fund to be our own client.

How I learned to love cash reserves

“What is the ideal target amount for a nonprofit to have in an operating reserve?” The answer is not simple or universal. In this post, Kate Barr gushes about her love of cash reserves and why your organization should love them, too.

Hear ye, hear ye – Overhead is over

There was a breakthrough last week for nonprofits. In a joint announcement, Guidestar and other major charity “watchdogs” made a very strong case that overhead ratios are meaningless.

Donors and overhead: Maybe they don’t care

I’m convinced that the reason that people care about the overhead ratio of charities is because we keep telling them that it’s important. I have an announcement to make: I am a donor to quite a few nonprofits, and I don’t care what percentage of their budget is spent for overhead.