Richard Male & Associates: A Consulting Firm for Nonprofits

Richard Male & Associates (RMA) specializes in helping non-profits take their organization to the next level. All too often, non-profits get stuck in day-to-day crisis management because of the lack of funding. We'll help you to pro-actively build a strong funding strategy. More importantly, we can help you execute the strategy so you can break out of the cycle of chasing short-term emergency funding. We'll put you on a path to long-term, steady revenue so that you can carry on your mission of helping those in need.

This week's:
Start Today for a Better 2011 Budget Process

Some nonprofits have a large enough staff to have a financial officer who is tracking and analyzing trends in revenue and expense year-round and developing 18- or 24-month projections from a variety of perspectives; some nonprofits have one person who spends a weekend drafting a budget and submittingit a few days later to the board for approval. No doubt your organization is somewhere in between these two extremes. One thing that many of us have in common is that now is the right time to begin the budgeting process for 2011.

We received some wonderful insights from Cindy Willard, program officer for the Denver-based Helen K. and Arthur E. Johnson Foundation , on the subject of budgeting at a recent Bagel Banter Breakfast here at RMA. Our roundtable discussion included the following:

Allow sufficient time for your data gathering, discussion, presentation to the board, questions, and final vote. Whether you have a finance committee or not, 3-4 months is about the average time you should spend on this process.

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RECENT CLIENTS

The Conflict Center's mission is to reduce levels of physical, verbal and emotional violence. They teach skills to a broad constituency of people to handle everyday conflicts nonviolently with win-win outcomes. RMA worked with The Conflict Center in a development capacity: helping them structure their development department, conducting a survey of their donors and training them on how to build better donor relations.

Ethiopia Reads was established to increase the literacy rate of children in Ethiopia by creating excitement about reading and encouraging the pursuit of knowledge. RMA is helping EBCEF raise awareness of its mission in the non-profit community through coaching in fundraising and technical and organizational assistance.

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