Good financial management is critical to your organization’s quality service delivery and long-term sustainability. Nonprofits with strong financial management understand their financial health and underlying business model, can effectively monitor financial results, communicate their financial story, and use historical information to inform planning and analysis.
These resources can help your nonprofit to address financial management issues and build a strong financial management system.
NSP Resources
-
Financial Management Assessment Program pairs your organization with a skilled consultant to review your financial condition, current systems and processes, and generate a list of recommendations for improvement.
-
Financial Management Training Program offers nonprofit leadership teams an opportunity to learn to better understand, communicate, and oversee their organization’s finances.
-
Nonprofit Revolving Loan Fund is administered by HEDCO and offers low-interest term loans and lines of credit.
Other Resources
-
Propel Nonprofits offers resources that closely link strategy, governance, and finance throughout an organization’s lifecycle.
-
Nonprofit Finance Fund is a Community Development Financial Institution that offers financing and consulting, as well as resources for learning.
-
The Wallace Foundation offers a library of resources to help your organization become "fiscally fit."
-
CompassPoint has assembled templates, articles, and checklists in several areas of nonprofit leadership and management, including finance and strategy.
-
National Council of Nonprofits produces and curates a range of tools, resources, and samples, including in the area of financial management.
