There has to be a better way!
Nonprofit leaders, can you relate?
You spend half a day anxiously preparing for your upcoming board meeting. Organizing financial information. Preparing board packets. Anticipating questions. Printing. Compiling. Binding. Documenting and reminding.
Then you sit at the head of the table and begin your meeting. It seems to be going okay. You’ve only had to pull one board member back on track so far. But, here comes the presentation of financials.
You look around the table as each member studies the income statement and balance sheet. What they heck are they thinking? You wonder if they are just playing mental sudoku with the numbers. Silence. And more silence. And then, someone asks, “So, how do you feel the organization is doing financially?”
You explain the details but are met with blank stares and generic questions about why last year’s gala made $700 more than this year’s gala.
There has to be a better way. A better way to guide financial conversations. A better way to present the data. A better way to tap into the knowledge, experience and leadership that sits around your board room table. And, a better way to show your board that you are in control of the ship.
Recently our CEO, Chantal Sheehan wrote a guest feature post for Bloomerang that provides real-world actionable advice on how to generate meaningful conversations about money with your board of directors.
Here are some of the highlights from that article:
Read the full article for more tips and advice on how to proactively manage your board meetings, especially the conversations about financials!
Side note: Bloomerang recently added us to their Nonprofit Consultant Directory and we could not be more proud!
Welcome to the Blue Fox Blog! A fairly entertaining source of info and news related to our company, nonprofits, social sector trends, and, of course, accounting. Enjoy!
Double-entry Accounting Made Easy - Essential Desktop Guide, Free Download
Blue Fox CEO Named
As Keynote Speaker for Nonprofit Hub's Cause Camp 2020
The Ultimate Nonprofit Finance Checklist for Giving Season
5 Steps to Solving Complex Workflow Problems
The Hidden Cost of Wearing Too Many Hats
The Key to Workplace Success - Investments in Professional Development
Accounts Payable Made Easy - The Marriage of Bill.com and QuickBooks Online
Nonprofits - It's Time to Automate Your Back Office
How to Engage Your Board of Directors in Financial Conversations
How to Join the Social Enterprise Movement
Kindness Leads to More Profit & Productivity
Don’t Ignore This Nonprofit Management Advice
Building Blocks for A More Just, Equitable, and Inclusive Work Environment
QB Tip of the Month: How to Use Classes for Painless Grant Writing
Nonprofit Leaders - Talk Finance and Empower Your Staff
When to Hire An Accountant for Your Social Impact Org
Why Outsource Your Accounting?
That Time I Went to Cause Camp
Impact Investments in Yourself
Are You Paying Too Much for Payroll?
Financial Dashboards - Capture Attention, Create Conversations, Drive Results!
Don't Let FinTech Scare You - Our Top 4 Back Office Tech
The Wonderful World of Micro-Donating!
The Case for Kindness in Business
How Nonprofits Build Donor Trust: Be Transparent
5 New Year’s Resolutions for Sustainable Nonprofits
Why We’re on a Mission to Help Conservation Organizations
Money Matters - So Why Aren’t More Nonprofits Talking About It?
Tips to Get You A Clean Audit Every Year
Blue Fox Teams Up With Bloomerang to Develop Nonprofit Resources
Blue Fox Earns Better Business Bureau Accreditation
Blue Fox Launches Protected By Logo
Blue Fox - The Origin Story