Today’s episode is about all things nonprofit finance and accounting with LaMichelle Hecht. These are such important topics that a lot of people do not understand, which is why I wanted to bring this conversation to the podcast.LaMichelle is the owner and CEO of Overhead Solutions Group, a CPA firm specializing in accounting assurance and tax services for nonprofit organizations. She has over nine years of experience and is a trusted advisor dedicated to excellence and passionate about helping clients achieve their financial goals.In this episode:[02:36] LaMichelle’s background and business[05:22] A common financial pitfall among nonprofit organizations[07:18] A board's role in an organization’s financial responsibility[08:58] Audited financial statements[12:12] Restricted vs. unrestricted funds[13:52] Strategic financial planning[17:14] Misconceptions in nonprofit accounting and tax compliance[19:16] In-house accountant vs. consultant[21:06] Effective budget planning and how to build a strong financial foundation in your organization[26:03] Goldman Sachs 10,000 Small Businesses program insights[28:14] Advice for professionals looking to build their networkRESOURCESCONNECT WITH LAMICHELLELinkedIn: LaMichelle HechtWebsite: overheadsolutionsgroup.comSend Haley a suggestion or request via text HERE!My book, Sow, Grow, Lead is live on Amazon! It shares my journey of starting a nonprofit in Malawi and offers practical strategies for nonprofit leaders to create real impact. Trusted by 80,000+ organizations in 90+ countries, Donorbox offers easy fundraising tools to help you raise more. From fast donation forms to crowdfunding, events, and Donorbox Live™ Kiosk, grow your impact with donorbox.orgCONNECT WITH HALEYHaley is a CFRE, Stress Management Coach, and EmC trainer. Founder of The Savvy Fundraiser, she brings experience in human services, homelessness, and youth nonprofits. She specializes in EmC, leadership, board development, and fundraising, empowering nonprofit leaders to build thriving organizations.Instagram: @thesavvyfundraiser LinkedIn: Haley Cooper, CFREWebsite: thesavvyfundraiser.comYouTube: thesavvyfundraiserProduced by Ideablossoms

Ver todos los episodios