Instructor: Claire Knowlton, Associate Director in Advisory Services at the Nonprofit Finance Fund (NFF). Knowlton works with funders, nonprofits and partners to improve the financial health of the social sector.
Duration: 60 minutes
Big strides have been made recently in the acknowledgment that overhead ratios are poor indicators of an organization’s impact or financial efficiency. Although the movement toward outcomes-based measurement offers a promising alternative to understanding impact, very little has been done to truly shift the sector’s understanding of what it takes—or even means—for nonprofits to be financially efficient and adaptable. The myths and misinterpretations of the true full costs of delivering vital programs have contributed to a chronically fragile social infrastructure for our communities.
- Helping nonprofit executives’ understand the overhead issue
- Framing overhead costs
- How does overhead relate to funding and mission?