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Adam Koloski - What Financial Health Really Looks Like Before the Crisis Hits
Published 2 months, 4 weeks ago
Description
The podcast episode features a conversation with Adam Kolosik, the founder CFO, who shares insights on financial health for nonprofits and churches. The discussion covers the importance of financial management, key blind spots, and the value of financial reports. Adam also provides advice and personal insights on professional growth and development.
Takeaways
- Financial health for nonprofits and churches requires a 'no surprise culture' and a deep understanding of cash management and accounting.
- Key financial reports for nonprofit leaders include the cash flow statement and the balance sheet, which provide critical insights into financial health and decision-making.
Chapters
- 00:00 Critical Financial Reports for Nonprofit Leaders
- 14:34 Advising on Financial Metrics and Strategic Planning