12. Managing the Complexities of Nonprofit Growth

Track: 
Specialized Knowledge
Field of Study: 
Business Management & Organization
CPE Credit: 
1.0
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of not-for-profit operations, auditing, accounting and/or compliance requirements. General experience working in, or auditing, not-for-profits, including those NFPs audited under GAGAS.

Tuesday, June 19, 2018
 
7:00AM-7:50AM

In a recent industry study, 80 percent of nonprofit finance professionals say their organization plans to grow in the next 12-18 months. Nonprofit growth presents its own unique set of challenges, and, if not managed properly, can actually hurt your organization. With challenges and opportunities in mind, how do you prepare your budget, staff, and organization for growth? In this session, we’ll look deeper into industry research exploring growth trends in the nonprofit sector. This session will focus on the impact of growth across a nonprofit organization, from budget planning, increasing compliance complexities, shifts in the workforce to growth strategies around grants, and new revenue sources. We’ll dive into specific tips and suggestions to help you get the most out of the data in the study and prepare your organization for successful growth.

Learning Objectives:

  • Evaluate growth strategies through a risk management framework
  • Prepare for internal controls and processes for increased compliance complexities
  • Develop people strategies to accommodate for growth
  • Identify technology requirements for accommodating growth


SESSION SPEAKER(S)

Director of Product Marketing, Nonprofit Solutions, Community Brands
Sr. Controller, Communities In Schools of Central Texas