IEA News and Opinion • • •
IEA News and Opinion • • •
The IEA Blog
Our blog is where we discuss issues, ideas, and news of interest to nonprofit leaders and Board members. We address some of the puzzling challenges you deal with every day.
Let us know if there is a topic you would like us to address. If any of these topics are particularly challenging or important to you, get in touch to arrange a free conversation about your needs.
Money doesn’t grow on trees, but a diversified fundraising strategy can make it seem like it does
As we approach year end, our thoughts turn to annual appeals, holiday events, and whether or not we will meet our budget expectations. That makes this a good time to consider new fund-raising ideas for next year. And while money doesn’t grow on trees, a diversified fundraising strategy can help your reap greater rewards.
Nonprofit Organizations: Exemplifying Ethical Business Practices for a Better World
Nonprofit organizations are architects of positive change within their communities, reshaping lives and futures for the better. In my perspective, not-for-profit entities ought to stand as beacons of moral rectitude and excellence in business as they strive to create a better world.
Navigating the Changing Donor Environment: Strategies for Success in the Post-COVID Era
The COVID-19 pandemic fundamentally transformed the world we live in, including how nonprofits are funded.
Nonprofits must embrace innovative strategies to succeed in this new and dynamic environment.
Financial Leadership: Building and Sustaining Financially Healthy Nonprofit Organizations
In the realm of nonprofit organizations, financial literacy goes well beyond basic understanding — it requires a deeper dive into financial management, strategic decision-making, and collaboration among leaders.
On Using a Fiscal Sponsor
f you are considering starting a new nonprofit, you should be looking for every way to simplify your work and reduce your overhead costs. One way to avoid many of the hassles of starting a new nonprofit is to use the services of a fiscal sponsor.
DEI in Nonprofit Leadership – Not There Yet
Diverse representation in nonprofit leadership, particularly at the director level and above, is critical. Most nonprofits truly believe in values of inclusion and equity, but the reality is that the sector still struggles with issues of diversity and representation.
Starting a New Nonprofit? Better Know These Rules and Guidelines
Unlike conventional businesses, nonprofit organizations (NPs) are created to serve a specific social purpose, rather than to generate profits for their owners or shareholders. In exchange for this societal benefit, NPs are often granted special tax-exempt status by state and federal governments. In return for this valuable concession, there are specific permissible and forbidden activities and practices that NPs must follow in order to maintain their tax-exempt status and comply with legal and ethical standards.
Open in Case of Emergency (or Sooner!)
It’s bound to happen. One of your major funders cuts you off. Your ED is accused of sexual harassment. The CFO makes off with your bank account. There’s a fire in your office. You’ve been hacked and your client records are exposed. Your reputation is at stake. Your funding is at stake. What are you going to do?
When More Is More: Nonprofit Mergers
For some organizations, a merger with a compatible partner may enable them to operate more efficiently and to deliver services with greater effectiveness.
Should Your New Assistant be an Artificial Intelligence?
As the world becomes increasingly data-driven, non-profit organizations are likely to consider Artificial Intelligence (AI) to address a range of challenges, from optimizing HR processes to increasing donor engagement. Let’s explore how a nonprofit leader can use AI to assist with difficult issues in leadership, HR, programming, MarCom, and fundraising.
Is Social Enterprise Right for Your Nonprofit?
One reason for a nonprofit to consider a social enterprise is to diversify their funding streams. Relying solely on donations and grants can be risky, as these sources of funding can be unpredictable and subject to external factors beyond the nonprofit's control.
How to Hire a Great IED
Hiring an Interim Executive Director (IED) for a nonprofit organization can be a great way to maintain stability and keep the organization moving forward during times of transition. An IED can smooth your transition between permanent EDs, and can also bolster the organization as you prepare your entire team for a positive change. Here are some key considerations when hiring an IED.
Strong Boards Make Strong Nonprofits
Nonprofit organizations serve a critical role in society by addressing various societal issues and filling gaps where government and private organizations may not be able to act. The success of these organizations is heavily reliant on the strength of their leadership, which includes their Board of Directors. A strong Board of Directors is critical for nonprofit organizations as it can bring a wide range of expertise and experience that can help the organization to navigate various challenges and opportunities.
Why an Interim Executive Director May be Right for Your Organization
Nonprofit organizations often face various challenges, ranging from financial instability, to leadership transitions, to changes in the organization's strategic direction. In such situations, hiring an Interim Executive Director (IED) can be an effective solution to maintain stability and continue moving forward.