When a funder asks for a single number for the “budget”, what exactly do they want? We have some thoughts! Also, this week we turn a question about red flags to watch out for when considering an ED position into an excuse to complain about things! Finally, if you’re having trouble sleeping, Stacey and Andy have just the IRS publication for you!
Our board wants to know the percentage of grants a typical organization wins so they can measure us against it. Is there one? Well, we certainly have opinions on that! Also, this week Stacey has some opinions on how to figure out which programs to cut, and we talk about whether or not to rebudget when a new ED arrives.
A jam-packed episode! This week we explore whether the the Executive Director should be present for the board retreat, how to manage a grumpy finance committee when the financials are never ready, and if a non-compete agreement is an appropriate tool to use to keep you development director from fleeing. Finally, should you be wary of joining the board of an organization that runs a budget deficit? Stacey and Andy have opinions!
- Should the Executive Director attend the board retreat? – 0:00
- Help! We can’t get the books closed before the finance committee meeting! – 9:48
- Should we make our new Development Director sign a non-compete agreement? – 19:04
- Should I join the board of an organization that runs a budget deficit? – 26:13
Today’s episode is sponsored by Immunize Nevada. Arm yourself by getting your annual flu vaccine. It protects you, your family, and those working on the front lines. Do your part. Get your flu vaccine by Nevada Day. Visit nvflufighter.org for more information and to ﬁnd free and low-cost clinics.