- 1. CHALLENGES FOR NONPROFITS Presented by Tammy Craig,
CFOOctober 2010
2. 7 Challenges
3. Money vs. Mission
- Melding of business and mission
- Group decisions and opinions
-
- Money for mission vs. mission for money
-
- More time looking for funding and accounting for task
performance
4. Funding
- Fundraising/donor fatigue/recruit-and-retain/enhance donor
loyalty
- Recapture of indirect costs
5. Human Resources
- Attracting and retaining skilled staff
-
- Time to train and develop
- Developing leadership and succession planning
- Managing multiple functions and roles
6. Evaluation
- Evaluating our worth and accessing human lives and
conditions
- Measurable proof and impact
- Impact on communities and populations
- Reporting outcomes vs. outputs
7. Board Development
- Recruiting high impact board members
- Recruiting highly skilled board members
- No $ incentive to be on board
8. Information Management
9. Collaboration
- Integration of strategic partnerships
10. Financial Reporting
-
-
- Restricted funds/tracking net assets
11. Financial Analysis 12. Nonprofit recipe for success
- Fill three pots with water.
- Place each pot on a high fire.
- In the first pot, place carrots.
- In the second pot, place an egg.
- In the last pot, place coffee beans.
13.
- The carrot went into the water hard and came out soft.
- The egg went into the water soft and came out hard.
- The coffee beans remained the same, but changed the water into
coffee.
Nonprofit recipe for success 14. Nonprofit recipe for success
15.
Nonprofit recipe for success 16. Lets make coffee! 17.
www.ParentsAsTeachers.org