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Apr 15, 2025 ∙ 2 min
From Deficit to Surplus: Transforming Financial Health for an Urban Faith Center
Despite strong community engagement and a committed leadership team, their budgeting process lacked clarity and cohesion, leading to a six-figure year-end deficit and severe cash flow issues that affected payroll and operations.
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Feb 14, 2025 ∙ 2 min
Why More Credit Cards Can Improve Your Nonprofit's Financial Management
Issuing more credit cards might seem counterintuitive to having good financial controls, but this approach can lead to better financial cont
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Jan 13, 2025 ∙ 2 min
Transform Your Nonprofit's Budgeting: A Revenue-First Strategy for CFOs
By starting with a realistic revenue projection, nonprofits can create a sustainable budget that aligns with their actual financial capabili
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Richard Hetherington, CPA, MBA
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CFO Consultant
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