Image of a nonprofit finance committee meeting

Financial Management for Nonprofits: The Role of the Nonprofit Finance Committee

By Michelle M. Sanchez, CPA, Warren Averett Tips

Financial management can be intimidating for many nonprofit professionals, especially those new to oversight roles in nonprofit organizations. One of the primary oversight roles is that of the finance committee. What exactly is the role of a nonprofit finance committee? Why is the finance committee important? This introductory guide shares nonprofit finance committee best practices to help prepare you and …

From Survivability to Sustainability: 5 Steps Nonprofits Must Take to Survive the Coronavirus Pandemic

Steve Zimmerman, Spectrum Nonprofit Services Resources

In the nonprofit sector, the fragility of life is always present. Likewise, for nonprofit leaders, the fragility of our organizations is also always present. Fears of an impending recession and the decline in the percentages of individuals donating to nonprofits have made organizational sustainability a top concern for executive directors for quite some time. But none of us expected the sudden …