Making a Difference One Not-for-Profit at a Time
Funding. Whether those dollars come from donations, memberships or grants, this is the single biggest success factor for not-for-profits. Getting funding when needed is not as easy. Those who receive government grants may be receiving late payments, which translate into lower reserves and increases in lines of credit. Dependence on a few major donors can be negative if that funding doesn’t come through. Managing a not-for-profit’s revenue and cash can become a complex juggling act.
Add to that a demand for increased transparency, consolidation of not-for-profit organizations, increased use of technology and changing accounting standards, and not-for-profits face an array of issues unlike most other industries. This requires that they work with a team of accounting professionals who understand what not-for-profits face day-in and day-out. Who are dedicated to their success. Who understand how saving one starfish can really make a difference.
Not only do we have a team of professionals dedicated to serving more than 300 not-for-profits, our people serve on more than 150 not-for-profit boards which gives us unique insights into a variety of not-for-profits.
The following are the types of not-for-profit entities we serve:
- Cultural Arts
- Government & Public Sector
- Membership Organizations
- Mental Health Agencies
- Religious Organizations
- Social Service Organizations
At Barnes Dennig, it’s all hands on deck to make a difference one starfish not-for-profit at a time. Contact us to see how we can help strengthen your organization so you can work on doing more to fulfill your mission.
Want to know if you are prepared to handle your organization’s future? Request a copy of our “All Hands on Deck” non-profit compensation, benefits and benchmarking study.
The Starfish Story
(Adapted from “The Star Thrower” by Lauren Eiseley)
One day the executive director of a not-for-profit was walking along the beach, when he noticed a young woman picking up starfish and gently throwing them into the ocean.
He approached and asked, “Young lady, what are you doing?”
“Throwing starfish back into the ocean. The surf is up and the tide is going out. If I don’t throw them back, they’ll die,” she replied.
The man said, “Don’t you realize there are miles and miles of beach and hundreds of starfish? You can’t possibly make a difference!”
After listening politely, the young woman bent down, picked up another starfish and threw it into the sea. Then smiling at the executive director she said, “It made a difference for that one.”