What Expenses to Cut in a Bad Year?

Just one question this week and it’s massive! If we’re halfway through the fiscal year and we’re not going to come anywhere close to hitting our revenue targets, how should the board go about cutting expenses? Yikes! Stacey and Andy get to the bottom of it, but it took the whole episode. Happy New Year, thanks for listening and supporting us with your questions. We look forward to answering even more in 2026. P.S. Questions@NonprofitEverything.com is the email address.

Treasurer Risks

What legal risks does a person take on when they agree to be a nonprofit treasurer? Stacey and Andy have some thoughts. Also this week, we talk about different generational takes on PTO policies (how exciting!) and some practical advice about who has to keep the random donor swag at their house. Thanks for joining us this week, and do not forget to send any and all nonprofit questions to Questions@NonprofitEverything.com!

Should we have elected officials on our board?

Help! We’ve entered into an agreement with a benefit corporation, and they’re not playing nice! Andy’s got some ideas for that. Also, Stacey answers a question about having elected officials on the board, and we talk about the best ways to bring a new treasurer into the organization, even if they’ve got no nonprofit experience.

If this is an emergency, call 911

This week Stacey and Andy discuss whether a board members need organizational email addresses and we talk about what to do when your board treasurer resigns. Finally, Stacey asks guest expert Jessica Sayles from Houldsworth Russo how to value a sponsor’s banner at an event (as well as several other accounting questions that have been disturbing her sleep!)

Topics:
  • Should our Board Members have organizational email addresses? [skipto time="0:00"]
  • How do we value a sponsor’s banner at an event? With Jessica Sayles from Houldsworth Russo – [skipto time="7:12"]
  • Help! Our treasurer resigned! – [skipto time="25:10"]
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.