Partnership NYC

"The advice on how to evaluate which board was best for me was invaluable."

a Boardassist candidate
Credit:
Providing low-income students with high-quality education

Blog

Showing blog posts related to Finance

 

Seven Nonprofit Finance Tips to Keep Your Board Out of Trouble

You’ve just joined a nonprofit board and are ready to get started making an impact.  Terrific!  One of the most impactful things you may accomplish as a board member is helping your nonprofit with their finances.  Nonprofit finance pro Paul Konigstein, who wrote this week’s gust post, has some great advice on how to do […]

 

Seven Ways to Improve Engagement With Your Nonprofit Financial Reports

As New York’s leading personalized nonprofit board matching service, high impact New Yorkers approach BoardAssist daily looking for ways to find a board where they can engage.  Once placed on a board by us, our placements are often the only ones with financial expertise.  How can they get the rest of the team to focus […]

 

How to build your Nonprofit’s Budget – Collaborate!

Collaboration is the most important ingredient in developing your nonprofit’s budget.  That’s the advice we got from finance pro, Paul Konigstein, our guest blogger of the week.  For more great advice from Paul, read on below.  Budgeting for any nonprofit is no easy task.  Hopefully this post will help you as you work through your […]

 

Managing Your Not-for-Profit’s Endowment – How to Ensure Present and Future Success

Does your organization have a sound, carefully managed and board-approved Investment Policy Statement? Do you have a firm grasp on how much of your endowment’s return should be spent vs. reinvested based on the current and future needs of your non-profit?  These are just two of countless endowment-related questions that board members need to contemplate…and take […]

 

Use Nonprofit Financials as a Strategic Decision-Making Tool

Philanthropic New Yorkers come to BoardAssist every day looking to join a board where they can play a meaningful role – and “be the change” they want to see in the world. As guest blogger Paul Konigstein has discussed in our blog in the past – one of the best ways that board members help their […]

 

Nonprofit Finance: Cash Flow is Do or Die

As New York’s leading personalized board matching service, folks come to BoardAssist every day looking to make a difference in the nonprofit world. They want us to find them a way to truly be an agent of change on the boards where we place them.  Once on board, they often do just that, like this […]

 

Best Practices for Nonprofit Financial Health, Part Two: Smart Nonprofit Business Models

How do you determine if the nonprofit on whose board you sit is financially healthy? We’ve been discussing this very important topic in a 3 part series of guest blogs posts from the folks at the Nonprofit Finance Fund (NFF).  In this second part of the series, Alice Antonelli, Director for Advisory Services at NFF, shares more […]

 

Best Practices for Nonprofit Financial Health, Part Three: Understanding Full Costs

You’ve joined a nonprofit board and want to make sure you are doing all you can to be a great board member – but don’t know much about best practices for nonprofit financial health. Not to worry. In the third part of our three part series on monitoring your nonprofit’s financial health, the terrific Nonprofit […]

 

Best Practices for Nonprofit Financial Health, Part One: Top 3 Measures of Financial Health

BoardAssist prides itself on identifying board candidates for the nonprofit world who will be leaders on the boards where we place them. With over 90% of our placements doing just that, within a year of being placed, we can see that our placements are generating tremendous good wherever they go.  One of the many ways […]

 

Five of Our Most Popular Blog Posts of 2015

What were the blog posts that were most popular on the BoardAssist blog in 2015?  Thanks to Google Analytics, its easy for us identify which ones resonated most with our followers.  As the advice our guest bloggers offered in 2015 is certainly just as timely as we start 2016, we thought it would be a great […]

 

Governance, Governance, Governance

Not all nonprofit board members are financial experts, but every board member owes the stakeholders of their nonprofit, the duty to help steer their nonprofit in the right direction. For help in doing that, we turned to finance pro Paul Konigstein, in this week’s terrific guest post, including a checklist for the less financially inclined […]

 

6 Reasons Finance Belongs in Your Nonprofit Board Room

Finance and accounting have moved from the back room to the board room. That’s the message from this week’s guest blogger, finance pro Paul Konigstein. While it should be obvious to most nonprofit board members how important finance is to any nonprofit, Paul makes the case below for those still in doubt.  Thanks Paul! 6 […]

 

Six Important Tips For Your IRS Form 990

Did you realize that your nonprofit’s IRS Form 990 is available to the general public?  This is a big surprise for many nonprofit board members.  Armed with this knowledge, a nonprofit misses a terrific opportunity to tell their story as fully as possible if they are not thinking strategically about how information is presented in […]

 

Our 5 Most Popular Blog Posts of 2014

What were the blog posts that were most popular on the BoardAssist blog in 2014?  Thanks to Google Analytics, its easy for us identify which ones resonated most with our followers.  As the advice our guest bloggers offered in 2014 is certainly just as timely as we start 2015, we thought it would be a great […]

 

Our Ten Favorite Nonprofit Blog Posts of the Year

It’s that time of year when everyone starts pulling together their list of top ten blog posts of 2014.  We’re getting an early start this year, thanking the terrific bloggers who taught us so much, and sharing their helpful wisdom with our followers.  Thanks for helping us all do our jobs better!  Our Ten Favorite […]

 

Ten Signs of Financial Trouble for Board Members

Over 90% of BoardAssist placements are serving as leaders on the boards where we place them within 12 months of being placed.  What does being a leader mean?  Among other things, it means being able to support your nonprofit in fiscal matters by spotting the early signs of trouble before it is too late. This […]

 

Turning to Strategy after the Audit: A Calendar of Activities

When should I be engaging the audit firm for next year? When should senior management see a draft budget? When is my Form 990 due? For answers to these financial management questions, we turned to guest blogger Andrew Schwalm of FMA, a leading provider of fiscal consulting, outsourcing and professional development training to nonprofits and their staff nationwide.  Great advice Andrew! […]

 

Our Favorite January Blog Posts

Whether you started the year resolving to be a better nonprofit board member, or to join your first (second or third) board, thirteen of our favorite bloggers were there to help you keep your resolution to do the best job you could giving back in 2014. Thirteen of the blog posts that taught us the […]