Owning Your Own Costs
Yesterday, in conjunction with The National Council of Nonprofits, CEO and Founder of Jitasa, Jeff Russell, presented the webinar “Own Your Own Costs.”Within it we discussed how past critics have discouraged donors from donating to nonprofits with high “overhead,” and the newest developments that are changing this dynamic, making it possible for nonprofits to explain the true cost of delivering their missions. We also provided some tips on when and how to approach the topic of true cost overhead with current and future donors.
In addition we detailed how sustainability is derived from an accurate demonstration of service delivery costs, as well as the infrastructure necessary to make that service delivery possible and efficient. With an emphasis on the importance of accurate and reliable financial data.
To discover how to correctly account for your nonprofit’s costs, view yesterday’s presentation at:
Watch: Video Presentation