Is Financial Oversight Your Weakest Link?

By Melanie Lockwood Herman This week I finished reading a terrific new book, Money Matters for Nonprofits: How Board Members Can Harness the Power of Financial Statements by Understanding Basic Accounting, by Melisa F. Galasso. Melisa kindly sent me a copy after learning about NRMC from a friend, who spoke at this year’s Virtual Risk … Continued

How to Prepare Your Nonprofit for a Recession

By Rachel Sams Economists surveyed by Bloomberg in August put the likelihood of a U.S. recession within the next year at almost 50%. The economists also increased their inflation estimates for each quarter in 2023. That’s worrisome news for nonprofits walloped by the rising cost of supplies and for donors who may have to cut … Continued

Heads Up: Why Fortified Fiscal Oversight is Key to Financial Well Being

By Melanie Lockwood Herman During the past 15 years, I’ve been honored to serve as a volunteer board member for several organizations. My first board role was for a community-based organization in the small village where I live. I had long admired the nonprofit’s historic preservation and conservation mission, and when the invitation to consider … Continued

Examining Fiscal Risk for Mission-Minded Success

By Whitney Claire Thomey Powerful missions, community advocacy, and life-changing programs can only happen when nonprofits have sufficient financial resources and strong financial management. Sound financial decisions and financial risk management protect critical assets and make it possible for a nonprofit to deliver the services and programs that bring a charitable mission to life. However, … Continued


August 18, 2023

Baltimore, MD

Eastern Grants Forum

“Fiscal Risk Management and Internal Controls”

January 25, 2023


NeighborWorks America – Southern Region

“Recession Proof Your Organization”

June 23, 2022


Georgia Community Action Association

“Money Matters: Financial Management”

June 22, 2020


GCAA Training & Technical Assistance Institute

“Fiscal Oversight and Fraud Prevention”

September 12, 2017

Greencastle, IN

Indiana Nonprofit Resource Network

“Financial Best Practices and Essential Policies”