What to do When Your Organization is Burning Through Cash

Every organization needs cash to achieve their mission. Whether it’s programming, fundraising, outreach, community events, or some other initiative, everything a nonprofit does requires cash. ​So, what happens when an organization is using cash faster than it can bring it in? Nonprofit organizations that are burning through cash typically can’t just ask their donors and […]

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How to Navigate Rising Nonprofit Costs

In a recent article we published our team members offered their perspective on the most important topics facing nonprofit leadership these days. ​Liz Swanson, a nonprofit professional with over 30 years of experience leading mission-driven organizations, offered a key insight:  The biggest issue I hear from Executive Directors is the rising cost of doing business… [they] are […]

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Nonprofit Compensation: The Danger of Underpaying Your Chief Executive

Have you heard your Executive Director or CEO say any of these things? These are all statements I have made throughout my career, and that I have heard echoed from my peers in nonprofit leadership. And that’s a problem! Each of these statements point to an unspoken issue that should concern a board of directors. […]

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Does Compensation Keep a Nonprofit CEO?

Nonprofit retention is a hot topic right now, and with good reason! Current nonprofit employment data tells us that voluntary turnover for nonprofit employees is at 19%, compared to a national average of 12% for the entire US labor market. And while this is across all levels of nonprofit employees, we have all witnessed that burnout at […]

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Reducing Nonprofit Turnover

According to employment data from the National Council of Nonprofits, 34% of nonprofit organizations have a job vacancy rate of 10-19%, 26% have a vacancy rate of 20-29%, and 16% have a vacancy rate of 30% or higher. That means that less than a quarter of nonprofits have a job vacancy rate of under 10%, which […]

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Corporate Philanthropy: What is in Your Budget?

As head of CFO Selections corporate philanthropy initiatives, the question I get most often, especially now at budget time, from other company executives is, “What is the right amount of money to budget for donations?” Before answering this question, I usually ask,  ​      “What are you hoping to achieve with your corporate philanthropy?” It […]

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