Oppelt Insights

Affording Talent on a Shoestring Budget financial management for executive directors work relationships

     So, how do you afford to hire development staff who are skilled, qualified, and experienced, especially if you are a small to midsized nonprofit? Don’t these types of candidates apply to the jobs that pay well, usually found in big organizations?

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How to Increase Fundraising Capacity Without Incurring Extra Costs financial management for executive directors fundraising

You’re an executive director. Finances are tight. You need to grow your fundraising capacity but don’t have the money to do it. What do you do?

Most nonprofit leaders focus on executing those fundraising activities that raise the most gross revenues, not accounting for costs,...

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How to Raise More General Operating Monies financial management for executive directors fundraising

Are you looking for more money to pay for rent, utilities, administrative salaries, and other core operating costs? What if I told you could find it, with just a few small changes to the way you are currently fundraising?

If your agency is like most nonprofits, you have funding for programs but...

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How to Make Sure You Always Have More Money than Month financial management for executive directors

I know what it’s like - sweating the finances – when not as much money is coming into your nonprofit when it was expected to come in. Government payments are delayed yet you are still expected to run the programs they fund. Grants were submitted later than anticipated. A major gift...

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How to Ask for Enough Grant Money financial management grant writing

Crafting a budget is often then hardest part of grant writing. It was for me when I first started. I was a program developer, not an accountant. When accounting created the budgets, they had costs I didn’t recognize. And when I crafted them, accounting invariably added expense lines. Which...

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How Much Does It Cost You to Raise Money? development planning financial management for executive directors

The usual nonprofit fundraising strategies generate revenue through individual giving, foundation requests, corporate contributions, special events, and government contracts. Each comes with its own set of financial costs and benefits.

Raising Money from Individuals

According to Giving USA,...

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Simple Strategies for Achieving Nonprofit Financial Sustainability financial management

Let’s be clear here. Profit and wealth accumulation are not dirty concepts in the nonprofit arena. They are needed constructs if you want your agency to get ahead.

Making a Profit

All making a profit means is a realization of positive net income, that is, revenues coming in are greater than...

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The Never Ending Discussion Between Development and Accounting; Counting versus Accounting financial management work relationships

By  Kathleen M. Clayton, CPA 

Scene One

Development Director, “I just got this huge pledge! Closing in on my budget, maybe I’ll get a bonus.  Put it in my donor data base already.  I need to let accounting know.”  Walking over to accounting department...

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Common Budgeting Mistakes NOT to Make – And the Easy Solutions that Will Revolutionize Your Fundraising Results financial management for executive directors

 

One of the most difficult tasks an executive director undertakes is to get his or her nonprofit financially stable and grow. The task is especially hard during times of economic distress, when money is hard to come by and the need for services rises exponentially. To get your agency on a...

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