Applying for two grants for the same program?

It’s the Nonprofit Everything Podcast again! This week, we hear from a five-year-old nonprofit that is just realizing they may have bitten off more than they could chew! Sound familiar? Also, what happens when we completely distrust the previous finance person’s numbers? Andy and Stacey have some thoughts. And finally, are we allowed to apply for multiple grants to cover the exact same program? (Quick, can you answer this one faster than we can?)

Getting a Startup Nonprofit Off the Ground

You’ve got the mission, you’ve got the board, you’ve got the business plan, you’ve got the 510(c)3 letter, now what? Stacey and Andy have some thoughts. Also, we find out whether or not you need written board reports, and once again wade into the shark-infested waters of finance vs. development.

Topics:
  • Is the finance team part of the development team or vice versa? – 0:00
  • How do you get a nonprofit startup off the ground? – 8:09
  • Is it normal for ED reports to the board to be written? – 21:08

Are We Overreporting?

There’s just one big question this week: Are we wasting time generating reports and dashboards nobody ever looks at? And Guest Expert Jason Cho, of Prex Consulting has some ideas for Stacey!

Topics:
  • Are we over-reporting? – 0:00
  • Guest Expert Jason Cho with Prex Consulting? – 7:16

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.