Too many nonprofit executive directors lie awake at night worrying about having enough dollars to deliver all the services their constituents need. If you are losing sleep, Mission First Finance can show you how sound financial practices free up more resources for program delivery.
The secret to a good night’s sleep is strong financial controls, but for many executive directors the words financial controls have a negative connotation. You may have the wrong idea about financial controls if you think making a budget, signing checks, or completing time sheets is a nuisance. In fact, these activities are part of a system of checks and balances that help keep your organization focused on its mission.
The purpose of financial controls is to make sure money is spent on improving the lives of the people you serve rather than on duplicate, unnecessary, or misguided labor, goods, or services. Comparing your actual spending to budget, reviewing bills as they are paid and tracking employee time all help you identify wasted money.
It’s hard enough to raise the money you need for your programs. Why make fundraising even harder by allowing inefficient spending to increase the amount of money you have to raise? Let Mission First Finance create robust financial controls for your organization so more of every dollar raised can go to programs. Remember, the mission comes first, so the financial controls we create will advance your mission, not get in the way.
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