
About this episode
Finance often feels like a part of nonprofit leadership to be tolerated rather than utilized until a cash crunch forces decisions into panic mode. In this episode, Ryan Alexander, founder of RA Partners and author of Protect Your Mission, discusses the financial infrastructure required to keep growing missions from getting derailed. The conversation covers the practicalities of cash flow forecasting, including how to model unpredictable revenue using timing and probability to avoid painful surprises. Additionally, the episode tackles the complexities of grants management, the distinction between revenue recognition and actual cash flow, and the "people side" of finance—from hiring a nonprofit CFO to evaluating audit readiness and Form 990 preparation. For leaders seeking financial best practices that protect their programs, staff, and credibility, this discussion provides a comprehensive and clear starting point.
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