Hosted by NYN Media
This event focuses on streamlining processes and operations for nonprofits in New York. How do we make things easier and more pleasant for executive leadership, operations, IT, risk, finance, HR and more? There are new industry standards to consider, and new guidelines around applying for public funds to learn. Bring your organization into the 21st century and abandon old practices that are depleting your valuable resources! It’s a new day in the nonprofit industry; join us as we explore these insights and strategies.
3:55 pm – Nonprofit Efficiency: Managing Risk, Overhead and Failure
Risk management is a tool that helps nonprofits deal with uncertainty. Leaders of nonprofits must identify and manage risks that threaten their missions and operations, while empowering them to leverage opportunities like the implementation of mandatory electronic filing, and take bold, mission-advancing risks. They must be looking at their overhead expenses as that can be a consideration for donor contribution. It’s also important to consider the importance of customer and vendor relationships and how to balance cost with these valued relationships. Overall the goal to run an efficient nonprofit can be faced with many challenges.
Manager, Audit and Risk Advisory Services