Powerful missions, community advocacy, and life-changing programs can only happen when nonprofits have sufficient financial resources and strong financial management. Sound financial decisions and financial risk management protect critical assets and make it possible for a nonprofit to deliver the services and programs that bring a charitable mission to life. However, there’s another reason that nonprofit leaders should keep financial risk top of mind.
Examining Fiscal Risk for Mission-Minded Success
Whitney Claire Thomey
Nonprofit Risk Management Center
18 May 2021