Steering the Ship: Best Practices for Interim Nonprofit CEOs
Carey & Co | January 16, 2025
The Essential Checklist for Interim CEOs Managing Nonprofits Through Transition Whether your first or hundredth engagement, the only predictable part of being an interim CEO is the...
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Cost-Benefit vs. Cost-Impact: Decoding Your Financial Decisions
Carey & Co | January 14, 2025
A Mission-Driven Approach to Financial Analysis for Nonprofit Leaders Nonprofit truth: every dollar spent represents resources diverted from other mission-focused needs, traditional cost-benefit...
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Behavioral Economics 101: A Primer for Nonprofit Leaders
Carey & Co | January 9, 2025
Plainly said, your organization’s financial stability hinges on your ability to understand and adapt to donor behavior. But thankfully, this isn’t new territory for our sector; insights into...
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Restricted vs. Unrestricted Funds: Making the Most of Every Dollar
Carey & Co | December 17, 2024
Practical Approaches to Managing Restricted and Unrestricted Nonprofit Funding Not all dollars are created equally. And for nonprofits, effective fund management is critical to achieving...
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A Fractional CFO Might be Exactly what Your Nonprofit Needs
Carey & Co | December 10, 2024
Ironically, while many nonprofits face complex financial needs, few have the budget for a full-time CFO. Yet for organizations that navigate intricate financial planning, budgeting, and regulatory...
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Detecting Phantom Costs: Recognizing and Minimizing Hidden Expenses in Your Nonprofit
Carey & Co | December 5, 2024
Finding Hidden Expenses to Boost Financial Health and Mission Impact We know program and operational costs are always top of mind, but have you paid close attention to hidden expenses? “Phantom...
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Selecting the Right Interim CFO: A Nonprofit Guide
Carey & Co | November 19, 2024
What to Consider When Hiring an Interim CFO to Sustain Your Mission and Financial Health For nonprofits undergoing a financial transition—whether due to a leadership change, restructuring, or...
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Never Hide the Ball: Sharing Financial Data with Your Nonprofit Team
Carey & Co | November 14, 2024
How to Communicate Financial Realities in Ways that Build Trust and Understanding Leadership often necessitates discretion and confidentiality, but discussions of finances—especially in times...
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End-of-Fiscal-Year Financial Wrap-Up: Best Practices for Nonprofits
Carey & Co | November 12, 2024
Practical Tips for Closing Out Your Nonprofit's Fiscal Year Closing out the fiscal year can be quite a task for any nonprofit. But getting all financial activities accurately reconciled and...
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