Articles and letters on nonprofit finance.
Short, practical answers to the questions executive directors and board treasurers ask us most, about grants, reserves, board reporting and controls. Once a month, Lydia sends a letter with what she's seeing in client work, the newest articles and the deadlines coming up.
How many months of reserves should a nonprofit have?
Three months is a common starting point, but your organization’s real cushion may be smaller than the bank balance suggests. Learn how to calculate reserves consistently and decide what target makes sense for your nonprofit.
Grants and complianceWhat's changing in the federal grant rules?
Federal grant requirements have changed, and more changes have been proposed. Here’s what’s in effect now, what could change next, and what nonprofit leaders should be watching.
Grants and complianceWhen do restricted funds get released?
A restricted expense is generally recognized when it’s incurred—not when the bill is paid. See a practical example and learn how to avoid two common mistakes that can distort your financial reports.
A short note from Lydia, once a month.
What she's seeing in client work, the newest articles, and the filing and reporting dates coming up. It goes out on the first Tuesday of each month.
The first letter goes out in November. We'll use your address only to send it.
Let's talk about your organization.
The initial consultation is free. Bring whatever is on your mind, and we'll tell you plainly whether we can help.