Posts in category: Podcast

Are you a small nonprofit leader looking for ways to spruce up your fundraising strategy to meet your goals? If you said yes, then you’re in luck as fundraising expert, Cindy Wagman, is joining us on today’s episode. 

She is sharing a wealth of knowledge, like the number one factor in fundraising success, how she’s seen fundraising change over the past two decades, and how having the right person in a fundraising role makes a huge difference for the nonprofit. She even tells us how access to expert fundraisers for small nonprofits is more attainable than you think. Cindy dives into how fractional fundraising is helping small organizations meet, and even exceed, their fundraising goals. 

Read the podcast transcript here.

About Cindy

Cindy Wagman is challenging the status quo when it comes to nonprofit consulting. As a nonprofit pro turned in-demand coach, consultant, and speaker, Cindy empowers nonprofit-serving consultants to shake off the “shoulds,” drop the nonprofit scarcity hangover, and find abundance in entrepreneurship.

Cindy is the co-host of the Confessions with Jess & Cindy podcast, and author of the bestselling book, Raise It! The Reluctant Fundraiser’s Guide to Raising Money Without Selling Your Soul, and founder of the Fractional Fundraising Movement.

Episode Summary

In this episode, you’ll learn strategies small nonprofits can use to up your fundraising game like: 

•The most important factor in nonprofit fundraising (6:00)

•The evolution of fundraising and development teams over the past two decades (12:00)

•How having an experienced person in the fundraising role positively impacts the entire organization (16:45)

•What is fractional fundraising? (20:00)

•Types of nonprofits that get the most out of fractional fundraising (29:00)

•Expectations that need to be in place for fractional fundraisers (33:45)

Teasers

“So it’s [fundraising] a heavy push at the beginning and then it’s a lot lighter of a load.”

“It takes 12 months, at least, for things to start to feel like, ‘Oh, okay, I can see this coming together.’”

“The organization has to understand that you have to build fundraising into your core budget to be able to sustain it.”

Resources

Find a fractional fundraiser or become one: https://www.thegoodpartnership.com/ 

Connect with Cindy on LinkedIn: https://www.linkedin.com/in/cindywagman/ 

Follow Cindy on Instagram: @cindywagman.consulting

FREE Cash Flow Forecast: https://100degreesconsulting.com/cash 

Keep up to date with the podcast: @100degreesconsulting

Follow Stephanie on Instagram: @stephanie.skry/ 

Connect with Stephanie on LinkedIn: https://www.linkedin.com/in/stephanieskryzowski/ 

Visit the podcast page: https://100degreesconsulting.com/fundraising-strategies-for-small-nonprofits

Want more of the podcast?

New episodes are released weekly! Find them all plus show notes and exclusive bonus content at https://100degreesconsulting.com/podcast. 

Leave us a review! Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Let me know what you loved most about this episode!

Subscribe to the show so you don’t miss a thing!

Are you effectively using your budget to support your team’s culture and values? One of the most important qualities of a prosperous nonprofit is having a healthy, well-taken-care-of team. But is it reflected in your budget? 

In this episode, I’m diving into five ways your budget can support your organization’s team values. I’ll share strategies around defining your team culture and how you can work those values into your budget. And don’t worry, if you’re limited on funds, there are a ton of ways to get creative to make sure your team is happy, healthy, and well taken care of! 

Now, there is a little bit of tough love and you may feel a little called out in this episode. With that being said, I sincerely hope you take it to heart and look for ways to use your budget to take care of your team. Your nonprofit will have the best impact on the communities you serve when your team is happy and well cared for. 

Read the podcast transcript here.

Episode Summary

In this episode, you’ll learn strategies for how your budget can support your team culture and values including:

•Defining your team culture (5:00)

•Allocating resources for professional development (7:45)

•Prioritizing employees’ well-being (11:05)

•Promoting diversity and inclusion (14:10)

•Recognizing and rewarding your team for upholding your organization’s culture and values (15:50)

Teasers

“One quality of a prosperous nonprofit is having a healthy, well taken care of team, but a lot of times I am not seeing that reflected in the budget.”

“When employees are healthy, well-rested, well taken care of individuals, they are going to do better at work.”

“A lunchtime yoga class is not going to solve that problem.”

“We want to have a budget line for recognizing and rewarding behaviors and contributions that align with our team culture and values.”

“If you want to prioritize our employees’ well-being but you’re not actually allocating any resources towards this, it’s just lip service.”

Resources

FREE Cash Flow Forecast: https://100degreesconsulting.com/cash/ 

Keep up to date with the podcast: @100degreesconsulting

Follow Stephanie on Instagram: @stephanie.skry/ 

Connect with Stephanie on LinkedIn: https://www.linkedin.com/in/stephanieskryzowski/ 

Visit the podcast page: https://100degreesconsulting.com/pr-for-nonprofits 

Want more of the podcast?

New episodes are released weekly! Find them all plus show notes and exclusive bonus content at https://100degreesconsulting.com/podcast. 

Leave us a review! Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Let me know what you loved most about this episode!

Subscribe to the show so you don’t miss a thing!

Are you stressing about wrapping up your 2023 finances? There are so many regulations to adhere to and tasks to get done. It can get overwhelming very quickly. In our latest episode, special guest, Mark Pate, shares several great strategies for wrapping up your 2023 finances so you cango into 2024 stronger than ever.

Mark answers burning questions like, “Should nonprofits change audit firms every three to five years?” He also shares how nonprofits can get the most out of working with an auditor, using audit information to tell your organization’s story and impact, and characteristics of a smooth auditing process. Plus, he dives into the ever-important year-end tasks, how to plan for the year ahead, and how to create a positive audit experience. 

About Mark Pate

Mark joined CapinCrouse in June 2013. He has over ten years of experience in nonprofit auditing and serves many different types of organizations, with a primary focus on universities, foundations, and international organizations. Since joining the firm, Mark has worked with key clients and served as the lead in planning and performing several financial statement audits each year.

Read the podcast transcript here.

Episode Summary

In this episode, you’ll learn strategies for closing out your 2023 finances and preparing for the year ahead, including:

•Should nonprofits change audit firms every three to five years? (7:40)

•How to get the most out of working with an auditor (11:15)

•Using audit information to share your story and impact (19:05)

•Important year-end tasks (21:55)

•Planning for the year ahead (25:40)

•Characteristics of a smooth auditing process (28:00)

•How in-person audits can be more efficient (33:45)

•Creating a positive audit experience (36:00)

Teasers

“It’s a good thing to be thinking about as a board to make sure that you’re not just getting the same thing done every single year.”

“Don’t just wait until it comes time for the audit to figure out all these complicated things.”

“The clients that do well in the audits are the ones who are letting us know ahead of time.”

“We want you to be as protected as possible. And so here are some ways that we’ve identified in your internal controls where you need to strengthen some things and change some things up.”

Resources

Connect with Mark on LinkedIn: http://www.linkedin.com/in/mark-pate-6449443b 

Visit the CapinCrouse Website: https://capincrouse.com/

FREE Finance Routine Checklist: https://100degreesconsulting.com/routine/ 

Keep up to date with the podcast: @100degreesconsulting

Follow Stephanie on Instagram: @stephanie.skry/ 

Connect with Stephanie on LinkedIn: https://www.linkedin.com/in/stephanieskryzowski/ 

Visit the podcast page: https://100degreesconsulting.com/pr-for-nonprofits 

Want more of the podcast?

New episodes are released weekly! Find them all plus show notes and exclusive bonus content at https://100degreesconsulting.com/podcast. 

Leave us a review! Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Let me know what you loved most about this episode!

Subscribe to the show so you don’t miss a thing!

Are you a nonprofit leader feeling intimidated by public relations? You know you want to spread awareness for your organization, but PR feels scary and you have questions. Is it marketing? Is it fundraising? What is it exactly? If this sounds familiar, then stick around. 

In this episode of The Prosperous Nonprofit, I’m chatting with two special guests, Caitlin Copple and Holly Conti, co-owners of Full Swing Public Relations. They’re addressing your burning questions about PR and how you can leverage it to help grow your awareness… and your donor contributions. 

We’re diving into what PR is and strategies for PR outreach like including different audiences and how to craft compelling stories. We also chat about what pieces of PR nonprofits can DIY if they’re not ready to make the investment in a PR firm. Plus, we talk through the ROI of PR, a timeline of when you can start to see results, and how to play the long game. This episode is packed with great information that can help you leverage PR to meet your fundraising goals!

About Caitlin and Holly

Caitlin and Holly are co-owners of Full Swing Public Relations, the nation’s leading agency serving small business owners from underrecognized communities. Founded in 2019, Full Swing PR helps BIPOC and LGBTQ+ led companies and organizations increase their visibility, credibility, and sales through expertly-executed public relations strategies. Learn more at www.fullswingpr.com. 

Read the podcast transcript here.

Episode Summary

In this episode, you’ll learn PR strategies you can use to get media traction and higher donor engagement and contributions, like:

•What is Public Relations? (6:45)

•Why it’s important to include different audiences in your PR outreach (9:40)

•Tips for crafting a compelling story to pitch to the media (12:00)

•What pieces of PR nonprofits can DIY (18:30)

•The timeline for seeing results from a PR investment (27:45)

•The ROI of PR (33:05)

•Playing the long game with PR (39:00)

•Innovative PR strategies for the nonprofit sector (41:25)

Teasers

“Oftentimes what I see with nonprofits is that they have a ton of untapped potential. They have untapped things at their fingertips that they aren’t taking advantage of.”

“After six weeks of doing some PR stuff in the media and then nurturing their audience, we sent one more email with an ask, and that one email got them $18,000 in donations.”

“It’s ideal if you have at least three months to commit to a concentrated [PR] effort.”

Resources

Last chance to grab our super special Black Friday deal… The Master Your Nonprofit Numbers Course for 50% OFF with code BLACKFRIDAY50. This is the lowest price you’ll see all year and it only lasts until Tuesday, November 28th. 

PR Resources: https://fullswingpr.com/freebies/ 

Follow Full Swing PR on Instagram, LinkedIn, Twitter, and Facebook

Connect with Caitlin on LinkedIn, Twitter, and Instagram

Connect with Holly on LinkedIn and Instagram

FREE Finance Routine Checklist: https://100degreesconsulting.com/routine/ 

Keep up to date with the podcast: @100degreesconsulting

Follow Stephanie on Instagram: @stephanie.skry/ 

Connect with Stephanie on LinkedIn: https://www.linkedin.com/in/stephanieskryzowski/ 

Visit the podcast page: https://100degreesconsulting.com/pr-for-nonprofits 

Want more of the podcast?

New episodes are released weekly! Find them all plus show notes and exclusive bonus content at https://100degreesconsulting.com/podcast. 

Leave us a review! Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Let me know what you loved most about this episode!

Subscribe to the show so you don’t miss a thing!

If you could raise 53% more money next year for your organization, without hosting another gala event or traveling across the country to meet with a new donor, what would that mean for your nonprofit? Guidestar published a study that demonstrated that organizations that provided better and more information to stakeholders raised substantially more money in subsequent years than organizations that didn’t share information with stakeholders.

So what’s the problem? Oftentimes, nonprofit leaders aren’t comfortable enough with their numbers to be able to confidently share interesting, insightful information that will make an impact on their donors. Sound familiar? You might feel like understanding your numbers is complicated or confusing – but I have a solution!

In this episode, I’m diving into why Master Your Nonprofit Numbers is THE program for nonprofit leaders who want to understand and communicate their numbers with a clear and simple system that truly works.

The best part: The course requires NO accounting knowledge or a background in finance. It was designed exclusively for YOU, the busy nonprofit leader who’s wearing ALL the hats. Clarity and confidence is the name of our game!

In honor of Black Friday, Cyber Monday, Giving Tuesday, and the official kickoff of the holiday season, we are offering Master Your Nonprofit Numbers at 50% off!  (Use code: BLACKFRIDAY50) 

This is the lowest price you’ll ever see on this program all year long. 

Grab it now and invest in your own professional development this year!

Read the podcast transcript here.

Resources

Master Your Nonprofit Numbers at 50% off!  (Use code: BLACKFRIDAY50) 

Keep up to date with the podcast: @100degreesconsulting

Follow Stephanie on Instagram: @stephanie.skry/ 

Connect with Stephanie on LinkedIn: https://www.linkedin.com/in/stephanieskryzowski/ 

Visit the podcast page: https://100degreesconsulting.com/leveraging-your-990 

Want more of the podcast?

New episodes are released weekly! Find them all plus show notes and exclusive bonus content at https://100degreesconsulting.com/podcast. 

Leave us a review! Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Let me know what you loved most about this episode!

Subscribe to the show so you don’t miss a thing!

Did you know the 990 can be more than just a tax form? It’s also a powerful marketing tool you can leverage to make a great impression on donors and stakeholders and get more funding for your nonprofit. In this episode, I’m diving into the ins and outs of the 990, why it is more than just a tax form, and how you can use it strategically for your organization. 

In today’s episode, get ready to learn how you can intentionally fill out the 990 with your mission statement, metrics, and impact to tell a story and give the true picture of what your organization is doing for the communities it serves. Your 990 is a great opportunity to promote accountability and transparency, both critical in any nonprofit. Financial transparency is a surefire way to land even more contributions from donors!

I’m also sharing why monitoring your GuideStar profile frequently and keeping it up to date is important. Plus, how all of these factors play a role in leveraging your 990 as the powerful marketing tool that it is. Tune in to learn how to use your 990 to make an even greater impact in your community. 

Read the podcast transcript here.

Episode Summary

In this episode, you’ll learn strategies on how you can leverage your 990 as a marketing tool to grow your impact in the communities you serve, including:

•The ins and outs of the 990 (2:40)

•How the 990 is more than just a tax return (6:05)

•Being intentional about filling out your 990 (8:00)

•Leveraging the 990 as a marketing tool (16:00)

•Why you need to keep your GuideStar profile up to date (19:30)

Teasers

“GuideStar published a study a few years ago that said organizations that were more transparent received 53% more in contributions the following year.”

“A really great way to get potential donors excited about giving is to put really thorough descriptions that tell a story and include metrics on your 990.”

“We can use a 990 as a strategic marketing tool to make a good first impression on our donors and other stakeholders.”

“Stop recycling those old descriptions of your programs from five years ago that don’t have any metrics in them and collaborate with other teams in the organization.”

Resources

FREE Finance Routine Checklist: https://100degreesconsulting.com/routine 

Keep up to date with the podcast: @100degreesconsulting

Follow Stephanie on Instagram: @stephanie.skry/ 

Connect with Stephanie on LinkedIn: https://www.linkedin.com/in/stephanieskryzowski/ 

Visit the podcast page: https://100degreesconsulting.com/leveraging-your-990 

Want more of the podcast?

New episodes are released weekly! Find them all plus show notes and exclusive bonus content at https://100degreesconsulting.com/podcast. 

Leave us a review! Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Let me know what you loved most about this episode!

Subscribe to the show so you don’t miss a thing!

Are you in the year-end fundraising time crunch? The end of the year is often one of the busiest times for nonprofits, with teams hustling to achieve their year-end fundraising goals. That’s why I am so excited to have a special guest and fundraising expert, Morgan Gross in this podcast episode. 

Morgan shares how she’s helped nonprofits achieve their fundraising goals and expand their reach internationally. She also shares with us what strategies she’s used to achieve these goals like leveraging the power of technology, utilizing peer-to-peer fundraising techniques, and navigating the fine line of ethical storytelling. Morgan gives listeners creative ideas for not only engaging donors but also educating them, furthering fundraising impact. If you’re a nonprofit leader looking to meet your year-end fundraising goals, then this episode is for you. 

About Morgan Gross

Morgan is the founder and CEO of Fundraising Beyond Borders. Her mission is to help international nonprofits fundraise with confidence. She works with organizations to give them the strategies to succeed so that they can continue making the world a better place. 

She co-founded her first nonprofit in 2014 and has years of experience building from the ground up. After traveling and creating award-winning fundraising campaigns across East and Southern Africa, she learned the success of international nonprofits lies in a customized fundraising plan, realistic fundraising goals, targeted messaging, and global donor engagement techniques. Years later, she’s now dedicated to coaching individuals and groups that strive to make a material impact on causes they love. 

Read the podcast transcript here.

Episode Summary

In today’s episode, you’ll learn strategies for meeting your year-end fundraising goals and expanding your reach internationally, like:

•Focusing on the power of storytelling (8:10)

•Conducting international fundraising campaigns (10:00)

•The power of technology (11:20)

•Leveraging peer-to-peer fundraising (13:10)

•Why you need a donor management system (15:25)

•Tweaking your storytelling methods to speak to your different audiences (19:00)

•Navigating the fine line of ethical storytelling (22:30)

•Perspective on the future of the nonprofit sector (24:35)

•Creative methods for engaging donors (27:00)

•Educating your donors (30:00)

Teasers

“The power of peer-to-peer fundraising is incredible.”

“You have to do a ton of research on that and figure out who your donors are, who and who your ideal donor is. In regards to storytelling, that is so crucial.”

“We may need a different message for different people on our list at different times.”

“How are we actually engaging our donors? …Yes, it’s communication, but it’s also education. How are we educating our donors? And also, how are we making a community and providing a community for our donors to get engaged?”

Resources

Visit Fundraising Beyond Borders website: www.fundraisingbeyondborders.com 

Connect with Morgan on LinkedIn: https://www.linkedin.com/in/morgan-ann-gross/ 

Follow Fundraising Beyond Borders on Facebook, Instagram, LinkedIn, YouTube, and TikTok

FREE Cash Flow Template: https://100degreesconsulting.com/cash 

Keep up to date with the podcast: @100degreesconsulting

Follow Stephanie on Instagram: @stephanie.skry/ 

Connect with Stephanie on LinkedIn: https://www.linkedin.com/in/stephanieskryzowski/ 

Visit the podcast page: https://100degreesconsulting.com/leveraging-consultants 

Want more of the podcast?

New episodes are released weekly! Find them all plus show notes and exclusive bonus content at 100degreesconsulting.com/podcast.

Leave us a review! Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Let me know what you loved most about this episode!

Subscribe to the show so you don’t miss a thing!

Are you leveraging consultants for your nonprofit? Maybe you’re debating on bringing on a consultant but aren’t sure where to start. Or maybe you’re not even sure if bringing on a consultant is the right move for your organization. If you’re in consultant limbo, then this episode is for you!

In today’s episode, I share my experiences hiring consultants for organizations as well as being a consultant for organizations. I dive into some of the legal nuances of consultant vs. employee and some of the common areas where nonprofits use consultants. I also break down the benefits and downsides of working with consultants, so you can determine if using a consultant is the right fit for your organization.

This episode also covers strategies for selecting the right consultant for your nonprofit and how to set them up for success. Plus, I share how to ensure you’re leveraging consultants in the most strategic way possible with a deep dive into the process of working with a consultant so that you can have an idea of what to expect when bringing one on for your organization. 

Read the podcast transcript here.

Episode Summary

In this episode, you’ll learn strategies for leveraging consultants in your nonprofit, including:

•Legal nuances of categorizing someone as a consultant contractor vs. employee (2:00)

•Common areas where nonprofits use consultants (3:10)

•Benefits of working with a consultant (5:20)

•Downsides of working with a consultant (8:05)

•Selecting the right consultant (11:40)

•Setting your consultants up for success (14:10)

•The process of working with a consultant (17:15)

Teasers

“A consultant is often able to pop in and pop out as you need them. Instead of being tied to a particular salary for an indefinite period of time, you can hire a consultant or contractor as you need them. You’re really getting more bang for your buck.”

“Make sure that you are able to set the consultants up for success and have really strong communication. Don’t hire them and then expect them to jump in and do everything.”

“What you don’t want is to hire a consultant for a period of time or for a project and then inadvertently neglect to tell them about a big deadline you have coming up. And then, it’s a disorganized chaotic process.”

Resources

FREE Cash Flow Template: https://100degreesconsulting.com/cash 

Keep up to date with the podcast: @100degreesconsulting

Follow Stephanie on Instagram: @stephanie.skry/ 

Connect with Stephanie on LinkedIn: https://www.linkedin.com/in/stephanieskryzowski/ 

Visit the podcast page: https://100degreesconsulting.com/leveraging-consultants 

Want more of the podcast?

New episodes are released weekly! Find them all plus show notes and exclusive bonus content at 100degreesconsulting.com/podcast.

Leave us a review! Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Let me know what you loved most about this episode!

Subscribe to the show so you don’t miss a thing!

Are you looking for ways to build an inclusive culture in your nonprofit? Organizational culture can be a challenge for many nonprofit leaders. One of the main reasons is that every organization has blind spots. It can be difficult to see what your organization is missing, especially when you’re on the inside all day every day. 

In this episode, I sit down with Yanira Castro to chat about how she uses strategies to help nonprofits build an inclusive culture. She discusses how she uses respectful storytelling and ways to use language that is inclusive and nonexclusionary. Yanira also dives into how to use core values to set the tone and transform your culture. She also gives some great examples of what not to do when you’re building a culture of inclusivity.  

About Yanira

Yanira M. Castro (she/her/ella) is a speaker and communications professional with more than 20 years of experience in telling inspiring stories to audiences ranging from national television shows to leading digital channels. 

Yanira founded Humanity Communications Collective in 2017 to inspire people with stories of joy and justice. The team, made up of amazingly talented women and people of color, is highly focused on digital engagement and storytelling, by reminding people to embrace technology, business, and life in a way that focuses on people’s humanity. Humanity Communications Collective has also shared important and groundbreaking client stories on CBS This Morning, ABC News, 60 Minutes, Essence, Now This!, O, The Oprah Magazine, and many others.

Read the podcast transcript here.

Episode Summary

In this episode, you’ll learn strategies for building an inclusive and understanding organizational culture for your nonprofit, including:

•Using respectful storytelling (8:40)

•Ensuring your language is inclusive and nonexclusionary (11:30)

•Filling in the gaps between the nonprofit team and the community they’re serving (13:50)

•Transforming the culture of your organization (17:10)

•Assessing your organization’s blind spots (19:20)

•Using core values to set the tone for your culture (23:50)

•Finding job candidates that fit your culture (27:50)

•Intentionally embodying core values every day (30:05)

•What not to do when creating an inclusive and understanding culture (33:15)

Teasers

“There’s more power in telling a story that is centered in somebody’s lived experience in a way that showcases them as a hero of their own narrative and not the nonprofit being the hero.”

“Feedback can be tough, but we need to hear the tough things in order for us to really change, especially if we’re looking at changing people’s hearts and minds.”

“Values that we hold really build our culture in a way that people really enjoy.”

Resources

Check out the Humanity Communications Collective website: https://humanitycom.com/donate/ 

Connect with Yanira on LinkedIn: https://www.linkedin.com/in/yanira-castro/ 

Follow the Humanity Communications Collective on LinkedIn: https://www.linkedin.com/company/humanity-communications-collective/ 

FREE Finance Routine Checklist: https://100degreesconsulting.com/routine 

Keep up to date with the podcast: @100degreesconsulting

Follow Stephanie on Instagram: @stephanie.skry/ 

Connect with Stephanie on LinkedIn: https://www.linkedin.com/in/stephanieskryzowski/ 

Visit the podcast page: https://100degreesconsulting.com/inclusive-culture 

Want more of the podcast?

New episodes are released weekly! Find them all plus show notes and exclusive bonus content at 100degreesconsulting.com/podcast.

Leave us a review! Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Let me know what you loved most about this episode!

Subscribe to the show so you don’t miss a thing!

Have you started the process of budgeting for 2024 yet? It’s already October, so if you haven’t started yet, you’re behind. This podcast episode will help you get caught up so you can go into 2024 prepared and ready to make a big impact on the communities you serve.

This episode covers six tips for improving your nonprofit’s 2024 budgeting process. We dive into what mistakes many organizations make during this process, and more importantly, how to avoid them. Plus, strategies for boosting your team’s morale during this often difficult time. Hint: it’s not giving them free rein to make their department’s budget and then slashing it in half. 

There is a better, more effective, and more collaborative way to budget that also accounts for sustainability, like having a cash reserve. You can learn how to be more proactive and strategic about budgeting for 2024 so you and your team can hit the ground running in January. Lead your team into the new fiscal year stronger than ever and ready to make an even bigger impact. 

Read the podcast transcript here.

Episode Summary

In this episode, you’ll learn how to get caught up to speed on your 2024 budgeting so that you can go into the new fiscal year ready to hit the ground running and make a larger impact, like…

•The first thing to think about when creating your budget (2:50)

•Why you need to involve others in the budgeting process (5:00)

•How to plan for sustainability (10:05)

•Using a variety of sources to create your budget (14:30)

•Creating a plan for revenue (16:30)

•Why your nonprofit needs to invest in financial management (22:40)

Teasers

“We want to be thinking strategically about allocating the resources that we have to achieve our biggest goals.”

“Think from a 30,000-foot view instead of just taking this year’s profit and loss statement or income statement and tweaking it a little bit.”

“One big mistake I see a lot of nonprofits making is that we are building a break-even budget every single year. We’re budgeting for as much revenue as we have expenses and vice versa.”

“We want to make sure we have time to really be strategic and not just plunk some numbers into Excel based on what we did last year and hope for the best.”

Resources

Keep up to date with the podcast: @100degreesconsulting

Follow Stephanie on Instagram: @stephanie.skry/ 

Connect with Stephanie on LinkedIn: https://www.linkedin.com/in/stephanieskryzowski/ 

Visit the podcast page: https://100degreesconsulting.com/budgeting-for-2024 

FREE Cash Forecast Template: https://100degreesconsulting.com/cash 

Want more of the podcast?

New episodes are released weekly! Find them all plus show notes and exclusive bonus content at 100degreesconsulting.com/podcast.

Leave us a review! Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Let me know what you loved most about this episode!

Subscribe to the show so you don’t miss a thing!