An Executive Director’s Guide to Financial Leadership

AN NPQ CLASSIC:
There is a world of difference between financial management and financial leadership, and refocusing your approach from fiscal management to fiscal sustainability gets you there. Outlined in this expert guide are such essential steps as: transforming your annual budget analysis; deciding whether or not income diversification is the way to go; achieving a robust reserve; and equipping your board for effective financial governance.

What the Government Shutdown in Minnesota Means for Nonprofits and Communities

NPQ’s Ruth McCambridge talked with Jon Pratt of the Minnesota Council of Nonprofits and Kate Barr of the Minnesota-based Nonprofit Assistance Fund to get a sense of what a Minnesota state government shutdown would mean for nonprofits and what the two organizations are doing to prepare groups for what is expected to be weeks of life in limbo. Our conversation begins with the judge’s decision, and quickly moves to take on the larger issue of the impact of this shutdown on nonprofits – guidance for nonprofits in the state, special loan funds to bridge the shutdown, and the role of the media during the run-up to the shutdown.