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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Fractional Leadership for Nonprofits: How It Works and When to Use It
Carey & Co | January 7, 2025
Leveraging Fractional Executive Leadership to Drive Nonprofit Growth and Efficiency All nonprofits need strategic expertise—but hiring full-time executives isn’t always workable. Fractional...
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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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(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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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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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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Automating Accounts Payable for Nonprofits: Where to Start When You’re Overwhelmed
Carey & Co | October 22, 2024
Simplifying AP Automation for Nonprofits: A Beginner's Guide Considering automating your nonprofit’s accounts payable (AP) but feeling overwhelmed? You're not alone. Many nonprofits hesitate,...
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