When you hear about “fractional CFOs” you probably aren’t thinking about hiring one for your nonprofit. But, having a part-time Chief Financial Officer / Controller to advise your executive team could be the part that’s missing to help your nonprofit grow. Fractional CFOs are starting to become more common place, not just for large companies…
There’s an interesting belief held by many nonprofit stakeholders that having the 501(c)(3) designation means the organization cannot have a “profit” at the end of the year. Running your nonprofit like this could lead to drastic money issues down the road. When it comes to cash needs for your nonprofit, it is important to remember…
Nonprofits need to have a good cash flow management system to ensure they don’t run out of money in any given month. We have a few ideas on how you can manage cash flow projections properly in your upcoming budget.
Managing Money With Mission
Madison
821 E Washington Ave, 2nd Floor
Madison, WI 53703
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