Today, we are talking about "the Mission" and "the Margin" -- two very key concepts for success in a non-profit that can also be competing priorities. I offer guidance and outline three important …
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Non-Profit Financial Statements: Learn the Subtle Differences in Financial Terms [Video]
While both for-profit companies and not-for-profit organizations use the 'Big Three' financial statements to monitor and analyze their finances, there are subtle differences between which terms are …
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Do You REALLY Need to Replace Staff in Non-profits Right Now? [Video]
Everyone's talking about staffing issues, hiring challenges, and HR budget concerns right now and rightfully so. For non-profits hit hard over the pandemic with staff turnover and budget reductions, a …
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Simplifying the Balance Sheet for Executives: Liabilities (What You Owe) & Owner’s Equity (What’s Left for the Organization)
Expanding on our financial literacy series - and defining terms on our reports - we start with the Balance Sheet. It has three main components, the last two of which we’ll address here: Liabilities …
Deep Dive Into The Balance Sheet with Assets (What You OWN) in This #FinancialLiteracy Series
Expanding on our financial literacy series - and defining terms on our top three business financial reports - we start with the Balance Sheet. It has three main components, one of which we’ll address …
Making Sense of the ‘Big 3’ Financial Reports for Your Organization in this #FinancialLiteracy Series
Financial literacy includes a multitude of terms to understand, so starting at the top and getting a handle on exactly what reports there are (and their purpose), will help with getting an overall …