Stronger Financial Management Means Stronger Stewardship for Nonprofit Organizations

By Jim Norton, Senior Technology Consultant at Dean Dorton

“It’s not that hard.”

“It’s not so different from any other kind of accounting.”

“I’ve never worked in a nonprofit, but I have 20 years of accounting experience, so how hard can it be?”

Having dedicated much of my professional life and passion to specializing in the nonprofit space, these attitudes were prevalent in more than a few cases. Each time is as frustrating as the next. Accounting and Finance leaders in nonprofit organizations face these comments and attitudes every day from all different stakeholders. I’m here to remind you of something important: you are not crazy.

The financial requirements of a nonprofit organization have arguably never been more complex than they are today, and the future of the industry is only headed toward increasingly rigorous and granular reporting requirements. Already, FASB issued Accounting Standards Update 2016-14, 2018-08, and ASC 606. Surprise – all these standards can and probably DO impact your nonprofit organization!

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Quick Takes with ZB, 2019 Summit Keynote

We just couldn't wait until May 17th to hear from ZB. Check out our micro-interview on all things fulfilling and fun.

What keeps you motivated to fight the good fight on the tough days? I know the tough days are a given and the biggest change I've made is making time for self-care before that happens, so I have the energy to get back up and keep going. When it gets too much, I have amazing people around me that inspire me to remember it's a marathon, not a sprint. Also, one of my favorite quotes from my favorite artist (J.Cole) - "If you truly believe it, that's step one. Step two, is, you know, the hard work that goes along with it."  

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Top Reasons to Attend the #nonprofitSTRONG Summit

Nowadays, you can use a host of online platforms such as webinars and Linda.com to access tools and advice for your career. But, there is nothing that can replace an in-person experience with amazing people and engaging content.

On May 17, YNPN Triangle NC will celebrate a great milestone. Our fifth year of the #NonprofitSTRONG Summit will unite nonprofit professionals all over the Triangle to share the best of who they are and what their organizations can do. Step up, step out and join us for what could be a career-changing experience!

We crowdsourced some Summit enthusiasts to bring you the top 12 reasons why you should attend the #NonprofitSTRONG Summit this year!

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Tips for Facilitating a Meeting

There are some things you can do on the fly—change your lunch plans, call your grandma, even skip town for the weekend—but facilitating a meeting should not be one of them. We have all been in frustrating meetings that run too long, stray off topic, or are dominated by Chatty Charlie. A skilled facilitator can save us all from all this by creating a space for efficient and inclusive meetings. This post contains five pointers from experts that will help you facilitate meetings that people actually want to attend.

 

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Tips for the First-Time Manager

As young nonprofit professionals, one of the most exciting stages in leadership development is when we begin to manage staff or volunteers. It is a time when our lens expands from our own to-do lists to include the tasks of others. Being a new manager does not necessarily require gaining the word “manager” in your title. Perhaps your boss is hiring an intern to help you out this summer. It could even be that you are picked to manage a group of volunteers for an annual event. In any case, you will manage people and that takes some preparation and deliberate skill-building. Here are some tips to getting off on the right foot.

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Volunteer Engagement: A challenge for the new year!

It’s a new year, friends. The holiday season of 2018 has come and gone, but the sparkle of people wanting to connect and serve others still remains.

With this sense of connection comes a heightened desire for folks to give and do more for their communities and causes they love. Enter: the volunteer!

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Digital Resource Roundtable

Chandler Rock is a volunteer on the YNPN Triangle NC Programming Committee.

At our Resource Roundtable event in October, young nonprofit professionals came together to enjoy coffee and biscuits at A Place at the Table to give and get some helpful tips. Warm and open dialogue was enjoyed by all, and we generated so many great insights that we wanted to share them with all of you. Our key takeaways were to hone in on your passion, don’t be afraid to ask, and to follow up!

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Giving Tuesday: A Strategic Reimagining

Nonprofit professionals are eyeing November 27, 2018 with anticipation, and perhaps some anxiety. On this date, donors, volunteers, and social media bystanders will get a barrage of requests to support nonprofits near and far for Giving Tuesday.

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Nonprofits and Benefit Corporations: New Resources and Opportunities

Lindsey Lassiter is a YNPN Triangle NC volunteer on the Marketing & Communications Committee. This month, she shares her thoughts on B Corps and the opportunities they present for nonprofits.

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Young Leaders & Social Change: A Q&A with ReCity Director Rob Shields

We had a Q&A with Rob Shields, Executive Director of ReCity Network, a partner of YNPN Triangle NC, to hear his vision of how young leaders can affect social change. ReCity is a hub for social impact in Durham (learn more about their important work here). We loved hearing Rob’s insights and advice for young nonprofit professionals, and we believe everyone has something to learn from his vision and philosophy of social change. Check out what he has to share!

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