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.

"I would encourage [nonprofit leaders] to create a relationship with NAF—regardless of whether they're currently looking at financial issues or not. They push you to think carefully about the bigger picture of your finances—and think more holistically and long-term about the sustainability of the organization.”

Joann Usher, Executive Director, Rainbow Health Initiative

Are you a mission cruncher?

In moments of indiscretion, some people have referred to me as a number cruncher. I understand. For non-finance folks, it’s easy to have the perception that those of us who work in nonprofit finance spend our days poring over formulas and spreadsheets (which, let’s be honest, is partially true). But the reality is, our passion for this work is driven by the missions of the nonprofits we serve and the broader causes they’re supporting.

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.

Financial Clarity for Nonprofit Boards

This free webinar is a great introduction to nonprofit finances for new board members or a refresher for seasoned board members. During the webinar, you will review nonprofit financial reports and terminology, learn to interpret financial information in context, and discover strategies to effectively participate in financial discussions and decisions.

Wednesday, August 19, 2015 - 12:00pm to 1:00pm

Clear Communications Through Dashboard Reports

This webinar is now full.

This free webinar will help you create a dashboard for your nonprofit. You will learn how to select information to include on your dashboard and how dashboard reports can complement other important financial reports. This webinar is for you if you are a staff or board member who creates, reviews, and interprets dashboard reports.

Wednesday, July 15, 2015 - 12:00pm to 1:00pm

“Don’t wait until you have a need, or a crisis. Seek out NAF’s support and guidance while you’re stable so they can help you stay the course. They’ll help you truly understand your financial position, and work with you to figure out how you can grow, sustainably and efficiently.”

Michelle Horovitz, Co-Founder and Executive Director

“It may very well have been possible for us to get a loan from a commercial bank—but I'd much rather do it with NAF. It's really a partnership—a sympathetic partnership. The level of engagement that NAF has in our actual programming and the level of understanding that NAF demonstrates is pretty unique.”

Ben Heywood, Executive Director, The Soap Factory