Remove Associations Remove Finance Remove Nonprofit governance and management
article thumbnail

Financial Sustainability for Nonprofits: 4 Considerations

Ann Green

Effective financial management is critical for your nonprofit to grow and thrive long-term. By Jon Osterburg If you work for a new nonprofit, your team’s primary goal is probably to get your operations off the ground and start furthering your mission. Explore four considerations for achieving financial sustainability.

article thumbnail

Gather, Share, Build

Stanford Social Innovation Review

By Nithya Ramanathan & Jim Fruchterman Recent milestones in generative AI have sent nonprofits, social enterprises, and funders alike scrambling to understand how these innovations can be harnessed for global good. In order to build a complex machine, we first need to invest in the nuts and bolts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Key Qualities and Skills to Look for in Potential Board Members

Blue Avocado

” Here’s a summary of some of the best answers we received: A Deep and Sincere Caring About the Nonprofit’s Mission The most important “quality” in a board member would be a real and heartfelt caring about the mission/goal of the nonprofit they will be involved with.

Ethics 106
article thumbnail

Busting the Overhead Myth

NonProfit Leadership Alliance

How can nonprofits convince stakeholders to invest in capacity building? Capacity building is whatever is needed to bring a nonprofit to the next level of operational, programmatic, financial, or organizational maturity, so it may more effectively and efficiently advance its mission into the future. What can I do?

article thumbnail

Toward Sustainability: 4 Nonprofit Financial Management Tips

Marketing for the Modern Nonprofit

Guest Blog by Jon Osterburg of Jitasa In recent years, “sustainability” has become a buzzword for many fields and practices, and nonprofit finances are no exception. Financial sustainability means that your nonprofit has both the foundation and momentum to fund your operations year-round while working toward future expansion.

article thumbnail

The Double-Edged Sword of Health Innovations: Navigating the Intersection of Technology and Equity in Nigeria

NonProfit Quarterly

Image credit: Dall-E by OpenAI Editors note: This piece is from Nonprofit Quarterly Magazine s winter 2024 issue, Health Justice in the Digital Age: Can We Harness AI for Good? 7 The lack of robust data systems to track and manage the allocation and utilization of funds across healthcare centers led to inefficiencies and poor accountability.

Health 57
article thumbnail

How to Align Assets with Mission: Small Steps That Nonprofits Can Take

NonProfit Quarterly

Many in the nonprofit sector look at their income statements (also known as the “profit and loss” report), but unless you’re a chief financial officer or perform a similar role, you may spend far less time looking at your organization’s overall financial position. These assets help nonprofits deliver on their missions by generating income.