Managing the Complexities of Nonprofit Growth

In a recent industry study, 80 percent of nonprofit finance professionals say their organization plans to grow in the next 12-18 months. Nonprofit growth presents its own unique set of challenges, and, if not managed properly, can actually hurt your organization. With challenges and opportunities in mind, how do you prepare your budget, staff, and organization for growth? In this session, we’ll look deeper into industry research exploring growth trends in the nonprofit sector. This session will focus on the impact of growth across a nonprofit organization, from budget planning, increasing compliance complexities, shifts in the workforce to growth strategies around grants, and new revenue sources. We’ll dive into specific tips and suggestions to help you get the most out of the data in the study and prepare your organization for successful growth.

• Evaluate growth strategies through a risk management framework
• Prepare for internal controls and processes for increased compliance complexities
• Develop people strategies to accommodate for growth
• Identify technology requirements for accommodating growth