Many nonprofit professionals find it difficult to be objective when analyzing their group’s operations, and often can’t pinpoint what’s not working and why. That is why clients turn to Spindell Consulting, to manage and guide them through this analytical process. Spindell Consulting has provided services to a diverse group of businesses of varying sizes in both the nonprofit and for-profit sectors, with a particular emphasis in arts and cultural and youth serving organizations.
Questions We Help Clients Answer:
- What should board members and senior leadership know about financial oversight duties so that the organizational assets are adequately safeguarded?
- What are areas of potential financial drain?
- How should we measure “success”?
- What practices or strategies will help to increase our impact and effectiveness?
- How can we improve financial and board report transparency and accountability?
- What options are available to increase revenues or save money?
- Which organization(s) would suit us for partnering?
Outcomes Our Clients Can Expect:
- Strategies, Tools & Plans to minimize potential drains to operating results
- Best Practices in Scenario Planning & Risk Management
- Board/Staff Training – Fiduciary Oversight Musts
- Financial Report Critiques & Analysis/Interpretation
- Improved Performance & Risk Measurement & Monitoring
- More Effective & Efficient Use of Resources
- Revenue Growth Alternatives
- Partner/Peer Comparisons
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Let’s talk about building financial health and business resilience.
From Our Blog
We need to encourage program managers to “ask for what they need”. This comment came from the mouth of a nonprofit Executive Director who was part of a financial strategies panel which took place at New York Nonprofit Media’s 3rd Annual Nonprofit OpCon, held on June 15. The event is a convening of New York’s leaders in nonprofits to share information and educate one another on best practices for operational and financial success. During this particular panel, nonprofit leaders shared their …
From a Workshop facilitated by Spindell Consulting at Federation of Protestant Welfare Agencies (5/11/17)
By Stephanie Spindell
Two reports published in 2016 after the demise of FEGS in 2015 established a kick off point for organizations to improve upon financial health and risk management. These reports expressed concerns that because many nonprofits are financially unstable, there is little cushion for absorbing emerging risks. Spindell Consulting designed a workshop- Financial Risk Assessment, presented on May 11, 2017 at the Federation of …
Did you know that when it comes to governance, the primary risk facing all nonprofits is the failure of directors and senior leadership to be sufficiently active and informed?
That was the takeaway from a panel discussion during a conference of the National Association of Attorneys General (NAAG) and National Association of State Charity Officials (NASCO).
Lack of board and senior leadership financial literacy exposes organizations to risk.
Board education directed toward financial oversight and financial risk detection goes a long …