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Nonprofit organizations that are burning through cash typically can’t just ask their donors and partners for more money without first stemming the tide of cash outflows. Funders want to see that an organization is being a good steward of their finances before they are willing to continue (or increase) their contributions. But even aside from the discussion around future funding requests, an organization must shore up their spending to remain viable into the future.
A Guide for Washington Nonprofits: Navigating the Complex and Evolving Employment Landscape10/24/2023
We could probably write a full book on these topics but hope that this article helps you see the “Don’t Pass Go” signs and seek out guidance and information to support your nonprofit staff equitably and legally. Catching these issues early and proactively is the key to saving time and money, while keeping your workforce engaged and executing.
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