February 2015: How to Think about Capitalization for Nonprofits of Every Size

February 2015 Meeting: How to Think about Capitalization for Nonprofits of Every Size

Beth Doreian, Senior Associate at the Boston office of the Nonprofit Finance Fund, gave a presentation on the topic of capitalization. Prior to NFF, Beth was Director of Finance and Administration at Women’s Institute for Housing and Economic Development and Controller at Root Capital. Board members and management toss around terms like operating reserves and cash reserves and there is not always consensus on what is meant. How much is enough? How do you figure out how much is enough? What do you count toward operating reserves, anyway? Are your operating reserves reported on regularly on the balance sheet as a separate item? And for those lucky enough to have this problem, how much is too much?
Beth addressed some of those questions.

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January 2014 Meeting

Sneakerware:  Best Financial Systems Integration Strategy for Nonprofits?

David Orlinoff, founder and principal of Concord Financial Organization (CFO), which provides interim financial management and related consulting services, primarily to nonprofits, gave a brief presentation and led a discussion on the on the integration or non-integration of financial systems and what it means for your agency. David has over 35 years of experience as a financial executive and has served about 60 nonprofits as a consultant or interim chief financial officer. He is also the board president of Third Sector New England and a member of the Audit Committee of United Way.

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