Missed It? Finance Recap & Next Webinar June 9th

On May 12th, Jay Barrett from PEPR joined us for an incredible 30-minute session on Financial Health: What Every Nonprofit Leader Should Be Watching. PEPR is an organizational effectiveness firm that helps mission-driven organizations build rigorous operations and position themselves to scale, and Jay brought deep expertise in supporting nonprofit finance and HR teams to the conversation.

In just half an hour, Jay and Deena walked through six areas of financial health every nonprofit leader should be monitoring:

• Budgeting – building a rigorous budget cycle, modeling multiple scenarios, and aligning the budget directly to your strategic priorities rather than last year’s numbers
• Cash Flow and Runway – maintaining 6 to 12 months of operating reserves, monitoring projections against actuals, and putting excess cash to work through a board-approved investment policy
• Financial Governance and Audit Readiness – staying audit-ready at all times, maintaining thorough documentation, and knowing the filing and audit thresholds for every state where you operate
• Payroll and Payments – getting worker classification right, choosing the right payroll structure for your stage, and building a compensation philosophy that reflects your values
• Cost and Revenue Categorization – aligning your chart of accounts to your budget, using classes to track grants, and setting up reporting that serves your accountant, your funders, and your board
• Growth Readiness and Partners – investing in the systems, capacity, and partners that match where your organization is going, not just where it is today

Every attendee walked away with a ready-to-use checklist to bring back to their team and start working through immediately.

If you missed it, the recording is live now. Watch it here:

Know someone who would benefit? Forward this email or share the link! This series is open to anyone leading or operating a nonprofit, and the more organizations we can reach, the better.