Questions We Help Clients Answer:
- What practices and strategies will increase our impact and effectiveness?
- How can we improve financial and board report transparency and accountability?
- What should Board members know about assessing, managing and mitigating risk?
- What options are available to increase revenues or save money?
- Which organization(s) would suit us for partnering?
Outcomes Our Clients Can Expect:
- Enhanced Program & Financial Outcomes
- Impact Measurement, Assessment, Indicators
- Board/Staff Professional Development- Understanding & Planning for Financial Health and Risks
- More Effective & Efficient Use of Resources
- Revenue Growth Alternatives
- Partner/Peer Comparisons
From Our Blog
A report entitled, The 2016 National Arts Index, An Annual Measure of the Vitality of Arts and Culture in the United States: 2002-2013, was recently released by Americans for the Arts. As I read the report I was not surprised but I was disheartened by the financial challenges faced by this sector, especially after reading another earlier report (Oliver Wyman and SeaChange Capital Partners) about the entire nonprofit sector’s need to improve financial risk management procedures and policies.
As I read …
It’s not looking good for the Wounded Warrior Project (WWP). If you haven’t read the news, The New York Times published an article on January 27th about how the largest and fasted growing nonprofit “spends lavishly on itself” in light of evidence of over the top salaries paid to its top executives as well as allegedly unusually high travel, lodging, conference, dining and other expenses. The point is, donors may not be getting what they paid for. Although this is an …
In order to understand the incidence and success of formal nonprofit collaborations, The Bridgespan Group and The Lodestar Foundation collaborated in a 2014 research study . Among the many findings, the study revealed that the number one barrier to collaborations (defined as associations, joint programs, shared support functions and mergers) expressed by CEOs was “identifying potential partners.”
Nevertheless, consider this: If a nonprofit CEO is struggling with ways to streamline costs, or deliver more services with greater impact and funding, …