Nonprofit Ace Podcast

On the season finale of The NonProfit Ace Podcast, I’ve got a little homework for you guys to do (it's ungraded guys, don’t worry)! We wrap this season up with a little self reflection by writing letters to ourselves. This is a chance to talk about your wins, losses, personal feelings - any and everything that you may have not expressed before. Thank you guys for tuning in for another season and I look forward to connecting with you all soon! Closer Look Letter to yourself (0:45) Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Welcome back to the NonProfit Ace Podcast! In today’s episode, we focus on knowing when things change and how to prepare yourself for these changes. Knowing when financial changes are coming and having a plan in place to adapt to these adjustments is a critical part of financial management within your non-profit. Thank you for tuning in! Closer Look Preparing for the change (0:52) Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Welcome back to The NonProfit Ace Podcast! We have a special BONUS EPISODE this season in preparation for the next season of NonProfit Ace! We chat with Tosha Anderson of The Charity CFO, and she gives us all the tips on preparing for a new fiscal year in your nonprofit. This episode is full of goodies you don’t want to miss! Check it out! Closer Look Considerations to make when planning for the end of the year (1:46) Things we tend to forget in the nonprofit world (3:30) What you should incorporate into your budget (4:36) Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy Connect with Tasha Anderson: Links:https://thecharitycfo.com/ Facebook: https://www.facebook.com/thecharitycfo Twitter: https://twitter.com/thecharitycfo IG: https://www.instagram.com/thecharitycfo/

Welcome back to The NonProfit Ace Podcast! This is part 2 of my interview with Sabrina Walker Hernandez. Sabrina is the President and CEO of Supporting World Hope, a nonprofit consultation service based out of Edinburg, Texas. In this episode, we discuss ways to prepare for the New year. Check it out and thank you for tuning in! Closer Look Preparing for the New Year (1:26) Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy Connect with Sabrina: Supporting World Hope Sabrina's LinkedIn

Welcome back to The NonProfit Ace Podcast! This is part 1 of my interview with Sabrina Walker Hernandez. Sabrina is the President and CEO of Supporting World Hope, a nonprofit consultation service based out of Edinburg, Texas. In this episode, we discuss why you should prioritize your board and the importance of having the right people on your team. Check it out and thank you for tuning in! Closer Look Meeting Sabrina Prioritizing your board Importance of recruiting Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy Connect with Sabrina: Supporting World Hope Sabrina's LinkedIn

Welcome back to The NonProfit Ace Podcast! Today we are taking a break from our focus on budgets to remind you to update your chart of accounts. We discuss the difference between the two and why it is important to make updating your chart of accounts a regular event. Thank you for tuning in! Closer Look Difference between budgets and chart of accounts (0:25) Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Welcome back to The NonProfit Ace Podcast! This is part 2 from my interview with Otwan Lowery! We discuss what organizations need to consider when planning the budget for a grant or program. Check it out and thank you for tuning in! Closer Look Organizational focus when planning a budget (1:10) Precautions to take when allocating funds (5:48) Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy Connect with Otwan: PreciseGrants Otwan's LinkedIn

Welcome back to The Nonprofit Ace Podcast! Today, we are joined by Otwan Lowery, founder of Precise Grants, which is a grant compliance tool for nonprofits and other small businesses. Otwan is also an experienced CPA and has worked for several prominent organizations and firms in his career. He joins us to talk about his background, what drove him to create Precise Grants, and advice for those looking to align their fiscal outlook with their goals and dreams. Check it out and thank you for tuning in! Closer Look About Precise Grants Choosing the right budgeting platform for your organization Building for sustainability Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy Connect with Otwan: PreciseGrants Otwan's LinkedIn

Hello guys and welcome back to The Nonprofit Ace Podcast! This is part 2 of our conversation with Makisha Boothe. Makisha is back to discuss the one thing organizations should consider when putting together a budget and how this plays a role in the execution of any strategic plans they may have. It’s a brief but informative conversation that can help you build and effectively manage your organization's finances. Check it out! Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy Connect with Makisha: Sistah Biz Makisha's LinkedIn

Hello guys! Today on The Nonprofit Ace Podcast, I am joined by Makisha Boothe! Based out of Denver, CO, Makisha is a business coach and founder of Sistah Biz, a nonprofit/for-profit organization that works with black women entrepreneurs. We had a great conversation about her beginnings, her business model, and what’s in store for the future. Tune in and thank you so much for joining us! Closer Look Working with black women entrepreneurs Makisha’s business model Prioritizing goals in your vision Using project management tools effectively Understanding the entrepreneur’s journey Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy Connect with Makisha: Sistah Biz Makisha's LinkedIn

Welcome back to another season of The Nonprofit Ace Podcast! This season, several guests will join us as we look to budget and financial plan out the last quarter of 2021. Tune in to check out our guests and their thoughts on financial planning, budgeting, and managing a nonprofit. Thank you so much for joining us! Closer Look Welcome to Season 8! Financial planning for 2021’s 4th quarter Planning realistic budgets Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Hey guys! Today’s episode is the season finale of Season 7 of Non Profit Ace. To finish this season, we are focusing on the timeline for planning your organization’s fundraising efforts and drives. Starting your campaign in a way that keeps your organization financially solvent throughout the year is critical and requires proper planning and execution. Thanks for tuning in and we will see you next season! Closer Look Knowing when to launch major fundraisers Transparency with donors Budgeting donations throughout the year Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

We are back with another episode of Non Profit Ace! Fall is right around the corner and for many organizations, this is when they focus on their end of the year fundraising goals. Today we look at how to create pragmatic goals and how to plan accordingly for these fundraising campaigns. Tune in and thanks for listening! Closer Look Evaluating previous campaigns Capacity to hold campaign Looking for areas to improve from previous years Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

We are back with another episode of Non Profit Ace! This week we are wrapping up our talks on volunteers within your organization. It is critical to connect with your volunteers meaningfully. Figuring out how to build that relationship will help build goodwill amongst your volunteers and help in maximizing their talents. Tune in and thanks for listening! Closer Look Prioritizing relationships with volunteers Transparency in volunteer roles Supporting volunteers with time and supplies Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Hello hello! Thank you for tuning in for another episode of Non Profit Ace! Today we are continuing our focus on volunteers in your organization and are now looking at how to select the right volunteers. Having and using volunteers in the right way is an ever-changing process, with the needs of the organization and the makeup of leadership often playing a role in the need for certain volunteers. Join us as we focus on how to evaluate the needs of your organization and how choosing the right volunteers can aid in your mission! Closer Look Evaluating what type of volunteers are needed Positioning volunteers appropriately Not overstepping boundaries with volunteer services Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Hey guys, welcome to another episode of Non Profit Ace! We are continuing our discussion on volunteers and gauging their time. Volunteers may be in various levels of your organization, and you have to account for that when you are budgeting and measuring the value of their time. Tune in and thank you for listening! Closer Look Understanding different kinds of volunteers Keeping volunteers engaged Software to track time How tracking volunteer time will inform staffing decisions Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Hey guys! We are back with another episode of Non Profit Ace! Picking up from last week, we focus more on the volunteer aspect of our organizations and how to effectively structure their time. It is imperative to use their skills and time in a way that is beneficial to both them and your organization. Tune in! Closer Look Properly valuing volunteer time Tracking time for future reference Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Welcome back to another episode of Non Profit Ace! Today, we are going to switch things up and focus on where and how to find good and quality volunteers for your nonprofit. Building out your organization with energetic and competent volunteers is as important as making sure the financial side is crisp and clean. Be on the lookout for good volunteers and know where to find them so your non-profit can really bloom with talented support! Tune in! Closer Look Where to find volunteers Networking with organizations for talent Making sure volunteers are right for YOUR organization Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Summary Hello and welcome to another episode of Non Profit Ace! This week we are touching on “fluff”! Determining what information is important and what isn’t can be tricky sometimes. Cutting to the core of what you need to know and what you don’t is a big part of keeping organizational alignment, and it helps make sure no one gets lost in meetings and other organizational communication. We have a few tips to help you sort through the “fluff” that may be in your organization! Check it out! Closer Look Asking relevant questions that lead to change Establishing baselines of importance Implementing a Dashboard Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Welcome back to another episode of Non-Profit Ace! Today, we are discussing what you NEED to know rather than what you want to know. Thinking in context financially can help answer questions you may have about cash on hand, future budgeting, and predictions for growth. Understanding context in a financial sense is important, and we’ve got several tips to make sure you are thinking proactively! Tune in! Closer Look Context around your cash Budget vs actuals Planning head Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Hey guys and welcome to another season of NonProfit Ace! Today, we are looking at the importance of understanding your organization's financial statement. Being able to read and comprehend this is important to keep your finances in order. It also allows your Board of Directors and staff to be on the same page. Check out this episode for some valuable tips and information! Closer Look Why knowing the amount of cash on hand is important Understanding statements of activity Reading financial statements properly Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Hey guys! This season, we are focused on taking preventative measures to avoid fraud and other financially improper conduct related to nonprofits. On this week of Non Profit Ace, we are examining a case out of California regarding fraud and a bookkeeper. We look at the opportunity for fraud concerning her role and the access she had to financial records, as well as the internal/external pressures she faced, both in her career and personal life that drove her to commit this act. Tune in for an analysis of how you can prevent certain opportunities for fraud in your organization, as well as reducing pressures as an employer which drives staff to feel the need to carry out illegal acts. Closer Look Janice Carlstrom crime explained Spotting gaps in checks and balances with duties Using bank reconciliation to prevent fraud Understanding potential staff pressure Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy Read more about Janice Carlstrom here Check out the Scam Goddess Podcast episode on Janice Carlstrom: https://podcasts.apple.com/us/podcast/the-blazin-embezzler-with-brendan-scannell/id1479455008?i=1000513172168

Hey guys! This season, we are focused on taking preventative measures to avoid fraud and other financially improper conduct related to nonprofits. This week on Nonprofit Ace, we are looking at the logistics of running your organization’s various programming to make sure all parties involved are protected against potential fraud and financial misappropriation. The board of directors, financial staff, donors, volunteers, and paid staff all play a role in making sure everything is running smoothly and protecting the organization’s financial interests at all times. Closer Look Creating new programs and making sure they are protected from fraud Organizing logistical elements of roles with programming Knowing when and how to shut down programs to reduce fraud risk Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Hey guys! This season, we are focused on taking preventative measures to avoid fraud and other financially improper conduct related to nonprofits. This week on NonProfit Ace, we are looking at the questions you should ask yourself, your co-workers, your superiors, and the board about staffing. You should be prepared to manage staffing issues such as distributing information, personal screening, and financial access by staff. Being knowledgeable and prepared to ask the questions Chyla discusses is a necessary move in order to reduce the risk of fraud throughout your organization and help structure management accordingly. Tune in! Closer Look Informing employees about disciplinary changes Screening potential and current personnel Turnover frequency Auditing current training practices Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Hey guys! This season, we are focused on taking preventative measures to avoid fraud and other financially improper conduct related to nonprofits. Too often, we are placing too much trust in management when it comes to financial accountability and decision making. On this episode of NonProfit Ace, Chyla talks about the importance of questioning management in order to create safeguards against fraud from the management level down. Having these in place will help create a culture of accountability and transparency throughout the organization. Closer Look Organizational structure; Are there one or two people in control? Accessibility of financial reports Timeliness in reporting Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

This season, we are focused on taking preventative measures to avoid fraud and other financially improper conduct related to nonprofits. Today, we are focusing on organizations in action. Are you an organization that does what they say they do? Are you applying internal controls, risk assessments, and best practices in action? How are you implementing them? Chyla discusses how to keep yourself from being “all talk, no action” and how to best put your money where your mouth is! Highlights Identifying who has access to cash in your organization Safeguarding sensitive information Cross-training staff for various roles Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

In this episode, we are continuing our conversation on preventative measures to avoid fraud and other financially improper conduct related to nonprofits. Organizations commonly use fraud risk assessment to identify business risks and weaknesses with internal controls that may cause financial misappropriation and fraud. Today on NonProfit Ace, Chyla walks us through a fraud risk assessment, step by step, and what to include when developing one for your nonprofit. Highlights Policies and Procedures Documentation Teaching Employees Appropriate Practices Board Member Accountability Defining Internal Controls for Organization Download your FREE Fraud Risk Assessment here: http://cnrgaccountingadvisory.com/fraud Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Hey guys! This season, we are focused on taking preventative measures to avoid fraud and other financially improper conduct related to nonprofits. In this episode, we are examining what makes up a “fraud triangle”. We look at several factors that can lead someone to commit fraud, such as lack of internal controls, pressures both inside and outside the organization, and rationalizing whether the act of fraud is wrong. This is an informative episode that can help you determine if there are opportunities for financial wrongdoing in our organization. Tune in! Highlights Opportunity for Fraud to Happen due to lack of internal controls Internal and external pressure from the organization People rationalizing potential wrongdoings Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Separating responsibilities amongst team members is an important step in preventing financially fraudulent situations and reduces the risk for the organization. Nonprofits need to have systems in place to prevent one person from becoming overwhelmed with their responsibilities and making mistakes. Creating this segregation can make quite the difference in preventing minor mistakes from becoming much larger ones. Highlights Creating checks and balances to ensure accountability Logbooks and accounting systems for financial recording Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Welcome to a new season of the...drumroll please...NonProfit Ace podcast! Today, I give you guys an update on a few things surrounding the podcast, including why we have a new name. Tune into this episode for a quick update on what’s going on and a kickoff to the new season! Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

Organizational risk in the nonprofit world is a huge issue every organization must prepare for and have policies in place to handle when it occurs. To say fraud will never happen in your organization is shortsighted, and having critical internal controls in place is essential to preventing chaos from erupting in case of an emergency. In this episode, Chyla talks about creating processes, procedures, and laws for your organization to make sure you are prepared to handle any financial risk that may come to your non-profit. Tune in! Highlights: Determining your organization's internal controls Procedures and Processes for your organization Creating laws and rules to ensure organizational control Resources: Learn more about internal controls HERE Learn more about financial reporting/statements HERE Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ Take the Impact Basics course - https://cnrg-school.thinkific.com/courses/impact-basics Book a Strategy Session - https://calendly.com/cnrg/strategy

In this episode, we are looking at a New Orleans nonprofit who must answer questions on its financial makeup, regarding the services they provide, how they make money, and how much they have made. What makes the story even more interesting is that the founder of the nonprofit and the President of a for profit company that works with them are married, thus creating confusion and raising eyebrows into their financial standing. This also raises questions regarding potential conflict of interest and how funds are being allocated and spent with both organizations. Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ This Week’s Story https://www.wdsu.com/article/wdsu-investigates-few-records-available-for-nyx-subsidiaries-travel-spending/33586507 Podcast Resources https://www.cnrgaccountingadvisory.com/About/ https://nonprofitnuggets.podbean.com/ DIY 990 https://www.cnrgaccountingadvisory.com/990/

This week, we turn our focus to Georgia, and the Companions for Heroes foundation that works to pair veterans with service animals. There had been inconsistency in the number of veterans and animals paired together, which has led to mistrust in the program and has led to an investigation. It is important to be consistent with the data your agency reports in order to maintain trust in the public and the community you are serving. This also calls for consistent data reporting from your organization’s accounting and communications department in order to provide transparency for all parties involved. Thanks for listening! Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ This Week’s Story https://www.newsbreak.com/news/1613976621045/georgia-nonprofit-companions-for-heroes-under-state-investigation Podcast Resources https://www.cnrgaccountingadvisory.com/About/ https://nonprofitnuggets.podbean.com/ DIY 990 https://www.cnrgaccountingadvisory.com/990/

This week, we highlight a story about the Mississippi Department of Human Services dispersing funds to organizations long after the retirement of a former director. It is not uncommon for the government to give funds to agencies to disperse to nonprofits. However, it is important to establish milestones and deadlines in order to maintain control over how and when these funds are spent. It’s critical to outline expectations for these agencies up front in order to maintain authority and create accountability for all parties. Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ This Week’s Story https://www.gwcommonwealth.com/news/html_c51fd892-cc8d-11ea-b875-5f472ce29a90.html Podcast Resources https://www.cnrgaccountingadvisory.com/About/ https://nonprofitnuggets.podbean.com/ DIY 990 https://www.cnrgaccountingadvisory.com/990/

This week, we discuss how fiscal sponsorship can go wrong and damage an organization's reputation and financial standing if you select the wrong firm. Fiscal sponsorship is when an organization outsources their financial management to a third party. If you decide to employ an outside firm to handle your money, make sure you do your due diligence when selecting one. Hiring a firm capable of managing all your financial needs will help you prevent any hiccups down the road. It is imperative to interview several firms and not only those referred to you in order to find the best fit and ensure your finances are handled properly and soundly. Thanks for tuning into this episode of the Nonprofit Nuggets Podcast! If you liked what you heard, please leave a review and share this episode! Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ This Week’s Story https://baltimorebrew.com/2020/08/20/inspector-general-opens-investigation-into-strong-citys-handling-of-grantee-money/ Podcast Resources https://www.cnrgaccountingadvisory.com/About/ https://nonprofitnuggets.podbean.com/ DIY 990 https://www.cnrgaccountingadvisory.com/990/

This season on Nonprofit Nuggets, we will focus on recent stories about various nonprofits missteps and how to avoid some of these mistakes. In this episode, we head to Monterey County and discuss an embezzlement scandal of over $700,000 by founder and director of Central Coast Kids and Families, Lolita Garcia. While many of the employees overbuilt their work and could fraudulently alter timesheets and had too much financial leeway, the onus of keeping such activity in check falls on the board of directors. This speaks to the need for the board to build out a compensation committee in order to regulate salaries among staff. There is also a need for performance evaluations for staff, and a conflict of interest documentation to keep everyone accountable and separate any business and personal interests. Thanks for tuning into this episode of the Nonprofit Nuggets Podcast! If you liked what you heard, please leave a review and share this episode! Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follow us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/ This Week’s Story https://sanfrancisco.cbslocal.com/2020/12/03/director-of-monterey-county-nonprofit-sentenced-for-embezzlement/ Podcast Resources https://www.cnrgaccountingadvisory.com/About/ https://nonprofitnuggets.podbean.com/ Impact Basics https://cnrg-school.thinkific.com/courses/impact-basics

This season on Nonprofit Nuggets, we will focus on recent stories about various nonprofits missteps and how to avoid some of these mistakes. On today’s episode, we are discussing a story out of Austin, TX around an accountant found guilty of stealing 1.3 million dollars from his organization. This Rodeo Austin accountant subsequently lost his accounting license and left his former employer in financial strife, as they used the proceeds from their annual Rodeo to fund scholarships and other community initiatives. In order to prevent situations like this from occurring, it is of utmost importance to file consistent expense reports and audit those reports in order to track any suspicious spending. It is also important to limit access for employees to financial resources. This will also help corral any outlandish and curious spending and help keep all parties accountable. Thanks for tuning into this episode of the Nonprofit Nuggets Podcast! If you liked what you heard, please leave a review and share this episode! Podcast Resources https://www.cnrgaccountingadvisory.com/About/ https://nonprofitnuggets.podbean.com/ Impact Basics https://cnrg-school.thinkific.com/courses/impact-basics This Week’s Story https://www.kxan.com/news/former-rodeo-austin-accountant-pleads-guilty-to-theft-sentenced-to-probation/

This season on Nonprofit Nuggets, we will focus on recent stories about various nonprofits' missteps and how to avoid some of these mistakes. In this episode of NNP, we discuss severance misappropriation from the Maryland Environmental Service. A severe miscommunication between a former MES CEO, board members, and the Governor of Maryland has left all parties in a lurch, as they debate over who knew what regarding the severance payout arrangement that was (supposedly) in place. We highlight the importance of documentation in everything that you do in order to create a paper trail to hold all involved parties accountable and have enough proof to cover yourself in case there are questions. Thanks for tuning in to this episode of the Nonprofit Nuggets Podcast! If you liked what you heard, please leave a review and share this episode! Resources https://www.cnrgaccountingadvisory.com/About/ Impact Basics Course: https://cnrg-school.thinkific.com/courses/impact-basics MES board members say they were told Hogan approved severance; governor has denied it - read the article here: https://www.washingtonpost.com/local/md-politics/roy-mcgrath-severance-inquiry/2020/08/24/943cb0ee-e63a-11ea-bc79-834454439a44_story.html Connect with Chyla and CNRG Accounting Advisory: Follow us on Instagram: https://www.instagram.com/cnrgadvisory/ Like us on Facebook: https://www.facebook.com/cnrgadvisory/ Follwo us on Twitter: https://twitter.com/cnrgadvisory Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/

Thanks for tuning into this episode of the Nonprofit Nuggets Podcast! If you liked what you heard, please leave a review and share. This week we focus on an article about East Central Illinois Community Action Agency misusing federal grant funds. We offer several ways to remedy these problems to help your nonprofit avoid running afoul of the government. We highlight particular mistakes that they made and what you can do in your nonprofit to ensure you do not do the same. Tune in! Highlights: Failure to adhere to submission guidelines Prioritizing financial management Importance of responding to correspondence in a timely fashion Exerting internal control Resources: https://www.cnrgaccountingadvisory.com/About/ Register for Ready, Set, Process Sign-up for Six Week Course: Impact Basics https://nonprofitnuggets.podbean.com/ Link to Article: Feds: Nonprofit abused grant funding, failed to document expenses

This week, we focus on how small accounting errors can rock the foundation of your business. We focus on the importance of staffing your accounting department with proper and highly trained personnel in order to make sure there are no accounting snafus. Tune in! Highlights Having Right People in Right Roles Reviewing accounting with internal and external sources Gaining appropriate accounting system for organization Proper training for system Reviewing and auditing work internally Thanks for tuning into this episode of the Nonprofit Nuggets Podcast! If you liked what you heard, please leave a review and share this episode! Resources https://www.cnrgaccountingadvisory.com/About/ https://nonprofitnuggets.podbean.com/ Register for Ready, Set, Process Link to Article: Scripps to pay $10 million to settle lawsuit tied to Jupiter whistleblower

(Compensation's Role in Hiring, Compensation in the New Year) This season on Nonprofit Nuggets, we will be focusing on recent stories about various nonprofits missteps and how to avoid some of these mistakes. Episode Summary Compensation is a major topic within any industry, and nonprofits are no exception. Making your nonprofit competitive regarding wages is important to attracting key talent and can affect your funding and financial outlook. This week on Nonprofit Nuggets, we discuss recent news regarding compensation within nonprofits, and how to position your hiring strategies around certain principles. We review this and offer tips on how to avoid common mistakes. Tune in! Highlights Balancing being mission-driven vs focusing on funding Understanding compensation’s role in acquiring talent Strategic Hiring Thanks for tuning in to this episode of the Nonprofit Nuggets Podcast! If you liked what you heard, please leave a review and share this episode! Resources https://www.cnrgaccountingadvisory.com/About/ https://nonprofitnuggets.podbean.com/ Register for Ready, Set, Process Link to Article: Manager Pay Level Drives Misreporting of Nonprofit Financial Performance

This interview series will be with Cherrise Wilks. Cherrise is a giver of information, guidance, counsel, and mercy, with a mission to serve others, to meet their sushi goals and find the resources they need. She's an experienced administrator with over 18 years in federal state, local government and nonprofit sectors. Ms. Wilks recently served as an emergency manager slash community development specialist, and formally as a hazard mitigation grant specialist for the US Department of Homeland Security, her firm has been successful in securing more than 77 million and managing 300 million in federal state and private grant contracts, loan tax credits, and sponsorships. Additionally, Ms. Wilks has directly managed local government budgets of 40 million in general operating funds and identified over 5.7 million local government operational costs. Ms. Wilks holds a BS in Family, Child and and Consumer Sciences from Florida State University and a Masters of Public Administration from the University of North Florida and professional credentials in community real estate development, contract management and grants management. Are you excited for our conversation? Click here for the full transcript.

Cherrise shares what has changed her life with us behind the scenes. Listen in... I would probably say just recognizing that I can't do it all. So I now start out my day actively working on meditation and mindfulness to keep me still before the beginning of the morning, so that I'm poised to be successful during the rest of the day. Then I also just changed my environment, in terms of who I follow, what I read, what I listen to, the music that I listen to, that type of thing. It definitely has to have more positivity to it. Click here to read the full transcript.

The grants landscape has been changing for the past 12 years, and it's getting harder and harder, tougher and tougher to have people part ways with their money, so you need to focus on other ways to earn revenue into your organization through either fundraising or helping empower your participants to empower themselves or be a part of the organization or whatever the case may be. To view the entire transcript, click here.

You need to build trust within the community. And so I would say for any organization, whether you're black, white, whatever the key is, is to talk to people, get to know and understand who they are, what motivates them, that type of thing, and truly build a relationship with them where you're actually interested in helping them and serving them. To view the entire transcript, click here.

If you were working with some other consultants, they may have what I like to call blinders and they know their niche. They may not be as well versed on looking at the organizational organization from a high level. And so that can sometimes lead you to end up having to hire additional people, to get all of the services and the things that you want. We tend to operate more on a full service basis. So I think that that's an added value. Click here to view the full transcript.

This interview series will be with Cherrise Wilks, a giver of information, guidance, counsel, and mercy, with a mission to serve others, to meet their sushi goals and find the resources they need. She's an experienced administrator with over 18 years in federal state, local government and nonprofit sectors. Ms. Wilks recently served as an emergency manager slash community development specialist, and formally as a hazard mitigation grant specialist for the US Department of Homeland Security, her firm has been successful in securing more than 77 million and managing 300 million in federal state and private grant contracts, loan tax credits, and sponsorships. Additionally, Ms. Wilks has directly managed local government budgets of 40 million in general operating funds and identified over 5.7 million local government operational costs. Ms. Wilks holds a BS in Family, Child and and Consumer Sciences from Florida State University and a Masters of Public Administration from the University of North Florida and professional credentials in community real estate development, contract management and grants management. Are you excited for our conversation? Click here for the full transcript.

If your organization is not paying minimum wage to the executive director, what you're doing is creating an imbalance, and you're perpetuating inequities, because people can't work for free. Click here to read the full transcript.

The budget is truly a reflection of your mission and you should budget accordingly. In the past, I've worked with organizations who thought about the budget in terms of what can we get approved. That is not the way to think about the budget. Click here to view the entire transcript.

If you waited till budget season to create your budget then you are already too late. You waited too long because budget season is the most stressful time for most organizations. It is the time when people are just trying to figure out, well, how do we get this done? How do we come in under budget? Click here to read the full transcript.