Financial Sustainability for Associations with Mike Gellman
Find all the cool tools and templates Mike mentions in this episode at their website: se4nonprofits.com
As we near the end of the calendar year, budget tends to be on the mind of associations -- especially in this era of uncertainty and unease. The good thing is that we can always adjust our plans to maintain financial sustainability and there is no better guest to have on that topic than Mike Gellman, CPA, CGMA, Co-Founder, Sustainability Education 4 Nonprofits. Mike walks us through what sustainability actually means, what actions can we take that relate to it, what role reserves actually play in the organization's life, and managing funding sources. The goal is to have long-term financial health! We dive deep into finances so don't miss this important episode where we also talk about IOM and our personal commitment to volunteering. What questions do you have about financial sustainability? Share a comment!