Founder Retires but Wants to Stay Involved

Is there anything scarier than the finance person leaving? Yes, there definitely is (and Andy has some thoughts on how to manage the transition.) Also, we have some advice for a founder considering leaving but not really leaving, and Stacey has some great tips on how to make the periodic bylaw revision process not the absolute worst, most boring thing ever.

Topics:
  • Our finance person is leaving! Help! – 0:00
  • Should a founder who retires stay involved in the organization? – 7:06
  • Is there any way to make bylaws revisions less boring? – 16:22
  • Episode Sponsor:

    Today’s episode is sponsored by the HR Collaborative. The HR Collaborative was formed to help build nonprofit strengths through improved human resources. It provides professional development opportunities, networking and sharing of best practices on HR issues faced by nonprofit organizations. The Collaborative meets bi-monthly. Membership is free and open to anyone who works for a nonprofit and has HR responsibilities. For more information or to attend an upcoming meeting, visit their website at www.hrcollaborativelv.org.

Aloha!

This week we get an update on Nevada’s Big Give, and Andy and Stacey share one thing they wish they knew before entering the nonprofit sector. We find out what to do if your board asks to see staff performance reviews, and whether or not it’s a good idea to outsource your organization’s finance function.

Topics:
  • What’s up with Nevada’s Big Give? – 0:00
  • One thing you wish you knew before working for a nonprofit – 3:36
  • What if the board wants to see performance reviews? – 11:43
  • Should we outsource our finance function? – 19:07
Episode Sponsor:

Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.

ANN Membership is $75 off

Seriously, join ANN right now while it’s half off. This week Stacey and Andy answer three Nonprofit 101 questions. We find out whether or not nonprofits can actually make a profit, Stacey shares the best way for a new nonprofit to start fundraising, and Andy completely misses the point and gets all the way into the weeds with an accounting question. Also, join ANN now!

Topics:
  • Can a nonprofit make a profit? – 0:00
  • What does everybody else need to know about accounting and finance? – 6:00
  • How should a small nonprofit raise money? – 22:50
Episode Sponsor:

Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.