How to build nonprofit financial health and balance money with mission

(Nonprofit Financial Management 1/12) This webinar grounds nonprofit leaders in the challenges of nonprofit finance and the implications of operating in a structurally inequitable system. The session introduces core concepts in nonprofit finance, such as how to build financial health amidst significant uncertainty and how to balance money with mission. For more information and to download the slides and companion workbook: https://nff.org/fundamental/nonprofit... In this video: 00:00 - Intro 00:52 - Background on NFF 02:59 - Land acknowledgment 04:50 - Learning goals 05:55 - Resilience within the sector 08:58 - Assessing your strengths 13:01 - Surpluses support mission success 15:37 - Racial inequity in the nonprofit sector 18:30 - How does money flow? For-profit vs nonprofit 25:42 - The system perpetuates harmful myths 28:26 - Nonprofits run two businesses: Mission & Subsidy 31:30 - Balancing mission and money 36:18 - Building comprehensive financial strength 36:57 - Outro #nonprofitfinance #NonprofitTips #CDFI