Navigating Disasters for Nonprofits: From Financial Triage to Scenario Planning
Recorded On: 06/10/2021
In these unprecedented times, nonprofit organizations are experiencing a variety of challenges, including shifting staffing structures, changes in service delivery models, and potential losses across multiple revenue streams. Challenges such as these can put the financial health and resilience of nonprofits at risk as they navigate rapid change while staying mission focused. This session will address how to understand your organization’s financial position, questions to consider when developing alternate scenarios, and financial planning strategies to employ in times of uncertainty.
This session, both live and the recording, has been approved for:
- 1 Certified Animal Welfare Administrator continuing education credit
- 1 CFRE CE
- 1 CE towards ACO CE requirements per Ch. 829 of the Texas Health and Safety Code by the Texas Department of State Health Services (DSHS)
Andrea Mills, CPA, MBA, CGMA, CCSA
Partner, BDO FMA
Andrea Mills is a partner overseeing outsourcing services at BDO FMA. She has extensive experience helping nonprofits, individuals, and foundations make important fiscal decisions, enabling them to improve the effectiveness of their giving and receiving of contributions. She develops fiscal management tools, establishes appropriate fiscal policies and procedures, and advises organizational leaders on strategic decisions.