Blog

(Crisis) Communication for Nonprofit Executives

Carey & Co | December 13, 2024
Key Steps for Transparent and Compassionate Communication for Every Occasion We’ve all seen it: the way nonprofit leaders communicate can make all the difference between reassurance and lost...
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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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Beyond the Org Chart: Building a Networked Nonprofit

Carey & Co | November 27, 2024
Restructuring for Flexibility, Collaboration, and Mission-Driven Growth Traditional hierarchies and rigid roles have their place, but nonprofits almost always need adaptable, collaborative...
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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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Income vs. Impact: Realigning Your Nonprofit’s Financial Priorities

Carey & Co | November 7, 2024
Balancing Financial Health with Mission-Driven Success for Sustainable Growth Nonprofit doesn’t mean “no profit.” But as your organization explores new revenue streams for financial...
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Nonprofit Mergers and Acquisitions: Financial and Strategic Considerations

Carey & Co | October 24, 2024
Mergers and acquisitions (M&A) within the nonprofit sector are transformative strategies that offer significant potential for growth and impact. Unlike their for-profit counterparts, nonprofit...
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