A nonprofit with adequate financial resources not only raises enough revenue to cover core operating expenses, but also maintains funds in reserve to buffer the organization against future uncertainty. In our third Financial Management session with FMA on May 3, 2018, we explored the importance of the right mix of financial resources in ensuring financial resilience, as well as the critical role of another resource key to a nonprofit’s success: its people. We also explored what a successful leadership team looks like and how funders can support their grantees in developing leadership capacity, especially in the finance realm.
Speaker: Hilda H. Polanco, CPA, CCSA®, CGMA. Founder and CEO, FMA
Resources from this program can be accessed below.