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Cash Flow- A Key to Success in Nonprofits

Cash Flow- A Key to Success in Nonprofits

FromThe Practice of Nonprofit Leadership


Cash Flow- A Key to Success in Nonprofits

FromThe Practice of Nonprofit Leadership

ratings:
Length:
30 minutes
Released:
Aug 24, 2022
Format:
Podcast episode

Description

For many nonprofits, the end of summer is often when organizations start to feel the cash crunch.  The binges connected to the big end of the year revenue flow has subsided and the there are a few more month months still the end of the year fundraising starts to ramp up.  And that's when knowing and understanding cash flow is so important.On today's episode, Tim and Nathan define what is cash flow and why it is important.  They also explore how cash flow is different than the organization's budget, and then provide some simple ways to understand and manage cash flow.  Nathan finishes the podcast with four key takeaways.The Hosts of  The Practice of NonProfit Leadership:Tim Barnes serves as the Executive Vice President of International Association for Refugees (IAFR) and can be contacted at tim@iafr.org. Nathan Ruby serves as the Executive Director of Friends of the Children of Haiti (FOTCOH) and can be contacted at nruby@fotcoh.org.All opinions and views expressed by the hosts are their own and do not represent those of their respective organizations.
Released:
Aug 24, 2022
Format:
Podcast episode

Titles in the series (100)

The Practice of Nonprofit Leadership was designed for Executive Directors of small to medium sized nonprofits.  If you are currently an Executive Director or hope to be one someday this is your spot.  Leading an organization can be one of the most fun, exhilarating, rewarding, scary, thankless jobs in the universe.  Using a mixture of encouragement, information, stories, and practical tools, hosts Tim Barnes and Nathan Ruby will use their years of nonprofit leadership experience to make your journey a little easier,  more fun, and ultimately help you be more effective in leading your organization.