Resources

Economic Risk: Fortify Your Mission to Withstand Tough Times

Data shows that most nonprofits feel real pain from economic downturns but can recover. Learn how to prepare for the next economic decline—whenever it comes—and emerge stronger on the other side.

Is Financial Oversight Your Weakest Link?

By Melanie Lockwood Herman This week I finished reading a terrific new book, Money Matters for Nonprofits: How Board Members Can Harness the Power of Financial Statements by Understanding Basic Accounting, by Melisa F. Galasso. Melisa kindly sent me a copy after learning about NRMC from a friend, who spoke at this year’s Virtual Risk … Continued

How to Prepare Your Nonprofit for a Recession

By Rachel Sams Economists surveyed by Bloomberg in August put the likelihood of a U.S. recession within the next year at almost 50%. The economists also increased their inflation estimates for each quarter in 2023. That’s worrisome news for nonprofits walloped by the rising cost of supplies and for donors who may have to cut … Continued

Heads Up: Why Fortified Fiscal Oversight is Key to Financial Well Being

By Melanie Lockwood Herman During the past 15 years, I’ve been honored to serve as a volunteer board member for several organizations. My first board role was for a community-based organization in the small village where I live. I had long admired the nonprofit’s historic preservation and conservation mission, and when the invitation to consider … Continued

Events

September 25, 2023

virtual

Georgia Community Action Association

“Fiscal Risk Management and Internal Controls”

August 18, 2023

Baltimore, MD

Eastern Grants Forum

“Fiscal Risk Management and Internal Controls”

January 25, 2023

virtual

NeighborWorks America – Southern Region

“Recession Proof Your Organization”

June 23, 2022

virtual

Georgia Community Action Association

“Money Matters: Financial Management”

June 22, 2020

webinar

GCAA Training & Technical Assistance Institute

“Fiscal Oversight and Fraud Prevention”