Burn rate (1): the formula
Your organisation’s burn rate is the amount of money you “burn” each month to do what you do. It’s a simple sum, but few organisations… Read More »Burn rate (1): the formula
financial management
Who pays? (client / user edition)
It means all kinds of things if the client or user of a non-profit organisation’s services pays. The organisation will be focused on the client,… Read More »Who pays? (client / user edition)
Who pays? (Donor edition)
“Who pays?” is an important question for all sorts of reasons. In the world of non-profits, donors often pay. This can mean: That the charity… Read More »Who pays? (Donor edition)
Resources about setting prices
A high enough price If you want to help a lot of people, you’ll need to do your job well and for a long time… Read More »Resources about setting prices
No shortage of money
There is no money shortage. It might not be where you’d like it, and there might not be people lining up to give it to… Read More »No shortage of money
Money: cause or symptom?
We often focus on the money, but it’s not a cause or an end in itself. It helps to think of your financial position as… Read More »Money: cause or symptom?
Trust
Make your systems strong. Have a clear process: where does the money come from, where does it go? Account for it transparently: how are movements… Read More »Trust
Compound interest
We all know about compound interest in the world of money. Save £100 a month for thirty years at one percent interest** and you’ll have… Read More »Compound interest
Blood and Bone (2): policy from decisions
An easy way to start making policy is to take a moment to record decisions you’ve made and why you made them. When you can… Read More »Blood and Bone (2): policy from decisions
Blood and Bone (1)
When we start working for a cause, we want to get stuff done. Most of us don’t want to know about money, and we don’t… Read More »Blood and Bone (1)
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