A Line of Credit... Just in Case

Nonprofit MBA

The Nonprofit MBA purpose is to provide new business insights and fresh creative ideas for Nonprofits.

Nonprofit Board of Directors vs Executive Director: Why They Can be Best Friends

In this article, we are going to focus on a topic that might surprise some people; why the board of directors of a non-profit organization can actually be the executive director’s best friend! If you are in the nonprofit industry, you have likely heard instances of tension between an executive director and the board. In […]

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Succession Planning for A Nonprofit

In this article, we are going to talk about succession planning. Although it may not seem like it right now, this is a relevant consideration for any nonprofit. So, what is the right strategy for succession planning as a nonprofit? In this article, we’re going to give you some tips for succession planning as a […]

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Nonprofit Boards: The Executive Director’s Best Friends (No, Really!): Nonprofit MBA Podcast 1.6

Today’s Podcast: Nonprofit Boards: The Executive Director’s Best Friends (No, Really!) Nonprofit Boards: The Executive Director’s Best Friends (No, Really!) Nonprofit boards can and should be the principal source of support (moral and financial) for their organizations. Some, however (though none of yours of course), can be a nuisance or even an impediment to successfully fulfilling […]

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The Newest Strategy in Fundraising for Nonprofits: NonprofitMBA Podcast 1.5

Summary of Podcast Today, what we are going to discuss is The Newest Strategy in Fundraising for Nonprofits. The Nonprofit MBA’s purpose is to provide new business insights and fresh creative ideas for Executive Directors and their teams that will help them improve their organizations. Introduction of Stephen Welcome, everyone. My name is Stephen Halasnik […]

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How Are Nonprofits Using Their Line of Credit

How Do Nonprofits Use Their Line of Credit Mostly used for payroll #1 reason: funding is delayed and you have to make payroll Your employees count on each paycheck Illegal to miss payroll You risk fines You risk an audit Your risk employees leaving Line used for unexpected expenses Line is inexpensive Not fun asking […]

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