Depreciate your way to a healthier nonprofit

Depreciation is seldom given the respect it deserves. For many who are first encountering the term, it is a mysterious financial concept best considered only by CPAs. At Nonprofits Assistance Fund, we hold depreciation among our favorite tools for building reserves and planning for the future stability of an organization.

Do you equip your board for financial strategy?

In this post, Kate Barr stresses the importance of preparing financial reports for you boards, and why they always need to be more than just data and numbers.

Giving the board what they need, when they need it

How does your nonprofit communicate financials to your board? Stephanie Jacobs defines the three modes of board governance, and explains the types of resources and information that makes sense for each mode.

Correlation, causation, and communication

Steve Boland stresses the importance of using financial reports to tell stories, and the impact those stories can have on the mission of your organization.

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.

Why board members miss the red flags, part 2

In this post, Kate Barr continues a theme on why board members miss red flags, focusing on underlying issues.

When is a deficit OK?

Michael Anderson explores the questions nonprofit staff and boards need to consider when a budget deficit occurs. If you use the resources available, a deficit can be less scary.

Why board members miss the red flags

Kate Barr unfolds the reason why boards often miss the red flags in financial reports.

Updates to the Rule Book can impact the Story Book

Steve Boland explains why board-designated categories can help tell your nonprofit's financial story.