228: Nonprofit Finance: Balancing Passion, Compliance, and Impact with Shane Rowley
Description
In this episode of What the Fundraising, we’re diving into a topic that many nonprofit leaders shy away from—finances. Whether it’s bookkeeping, audits, tax compliance, or financial storytelling, these elements are critical to your organization's success. And yet, so many of us feel overwhelmed, lost, or even avoidant when it comes to our financial health. A trusted financial partner is not someone who just helps you navigate the ramifications of accounting, taxes, and reporting but also ensures that financials align with the organization’s vision, telling a cohesive and compelling story to donors, stakeholders, and the board. Eventually, a trusted financial partner provides the stability and clarity that nonprofit leaders need to focus on what truly matters, driving the mission forward.
Joining Mallory today is Shane Rowley, co-founder and president of Nimbl, an outsourced accounting firm that specializes in working with small businesses and nonprofits. Shane and his team provide not just financial services, but true partnership—ensuring leaders feel seen, supported, and empowered to make informed financial decisions.
In this episode, you will be able to:
- Discover the challenges in nonprofit finances.
- Learn how to balance passion and compliance.
- Learn about the importance of combining operational knowledge with financial insights.
- Learn a structured approach to understanding and analyzing financials.
- Discover the affordability and benefits of outsourced accounting.
Get all the resources from today’s episode here.
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Website: malloryerickson.com/podcast
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If you’re looking to raise more from the right funders, then you’ll want to check out my Power Partners Formula, a step-by-step approach to identifying the optimal partners for your organization. This free masterclass offers a great starting point