Tag Archive for Financial Leadership

9 Steps to Recovering from a 30% Deficit

"Hole in the Gound" by OneCog2Many

Two year ago, this female colleague applied for an Executive Director (ED) position at a particular charity knowing that the organization was facing a 500 thousand shekel (approximately $130 thousand) deficit. After about nine months on the job, the nonprofit was back on track and on the road to a surplus for the following year. What was this ED’s technique and how could other nonprofits benefit from her experience?