Our 2016 event was bigger and better than ever thanks to our growing community of nonprofit leaders in southeastern Wisconsin and to Pivot's special guest, Kate Barr of the Nonprofits Assistance Fund. Kate led a vibrant discussion around nonprofit governance and the upcoming trends for the nonprofit sector. For those who missed out, or who would like to revisit some of the topics we discussed, we include a brief recap below and a full recording of the event!
- We need to overcome the hurdle of best practices. Breakeven budgets, over-diversified revenues, and illiquid capital structures are outdated strategies or measures for financial health.
- Board members need to ask the right questions to stop missing the red flags. Kate gave us several examples of good questions for board members to ask their nonprofit colleagues.
- The overhead ratio does not effectively measure program efficiency or effectiveness. Nonprofit Assistance Fund argues that the sector must replace this ratio with a better understanding of the true costs to run an effective program.
Below, we include a full audio recording of the event and some key graphics from our discussion. We hope you'll take a moment to tune in and consider what takeaways you can apply in your own nonprofit community.
Pivot is gearing up for a full year of programming in 2017. We are building a community of engaged nonprofit leaders to push the envelope on board governance in our region. After our discussion, participants filled out a small survey detailing what they'd like to see from Pivot in the upcoming year.
Please consider how your organization might work with Pivot in the future by filling out this small survey. If applicable, we will reach out to you shortly.