Tag Archive: "nonprofit leadership"
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Be Prepared for Increasing Cybersecurity Challenges in your Nonprofit
Recently, a nonprofit hospital system out of San Diego lost revenue of nearly $92 million due to a cyber breach. Scripps Health, which operates as an integrated health care delivery system, also incurred an additional $21 million of expenses for the resulting incident response and recovery. This cyber-attack created a substantial disruption in patient care […]
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Lead Financial Transformation In Your Nonprofit
You can lead financial transformation in your nonprofit by taking small steps each day to learn and grow.
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Data-Driven Board Reporting Roundup
When more than 900 people signed up to spend an hour talking about data-driven board reporting we knew we’d struck a chord. This blog provides quick summary of our thoughts addressing the questions participants asked.
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Incorporating Financial and Nonfinancial Metrics in Organizational Oversight
Every organization seeks to remain sustainable as they carry out their mission. Incorporating relevant metrics and data efficiently into management oversight is important to this journey. In this final blog in our series on nonprofit financial statements, ratios, and nonfinancial information, we conclude with considerations for management in their role overseeing this information.
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Cybersecurity and Nonprofits
Cybersecurity is a growing concern for the nonprofit community. Included are a few recommendations to remain secure.
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The Nonprofit “CFO and” Syndrome: Strength or Symptom?
The key to identifying the right blend of skills, training, and experience for your financial leader starts with aligning the role you are seeking to the needs of your nonprofit. If the core needs of your organization expand across finance to HR, IT, facilities, and operations, then first consider whether one person should be responsible for all of these functions.
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Managing Execution Risk: From Vision to Reality in Nonprofit Finance
From CLA’s Stacey Johnson: Whether running for office, or running an organization, where people rely on us for executing a mission, our decisions matter. How we make those decisions requires a strong team, which often includes bringing trusted consultants into our corner for both expertise and experience.
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Governance Isn’t Cancelled
In a time when everything seems to be cancelled or disrupted, how do we, as board members of nonprofits, ensure the missions of our organizations stay strong and steady?
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Building Equity into Nonprofit Finance
One place to look for tangible evidence of any individual’s or group’s priorities and values is to look at where they spend their money. If you are looking to see if a nonprofit is truly committed to racial justice and equity, ask to see what percentage of its expenses are invested in this work and in what way.
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The Proper Application of Hope in the Midst of a Crisis
How, in the midst of extreme uncertainty surrounding your people, programs, and finances, do you lead your nonprofit to a hopeful next phase out of such a troubling now? Every assumption you had about how your nonprofit did business prior to the downturn is open to question, and every question you ask could lead to innovation you did not anticipate.