Ben and Mike answer questions from subscribers about managing cash flow and capacity challenges from grant funding, whether t-shirt and merchandise sales are exempt from unrelated business income tax (UBIT), adjusting KPIs for shorter-term planning, and amending Articles of Incorporation and/or Bylaws to move away from a voting membership structure.
PREVIEW SHORTER CLIP:
FULL 30-MINUTE VIDEO:
CHAPTERS
00:00 - Intro
00:40 - How to manage cash flow and capacity challenges arising from grant funding.
09:57 - Whether t-shirt and merchandise sales are exempt from unrelated business income tax (UBIT)
17:42 - Adjusting key performance indicators (KPIs) when switching from a 5-year strategic plan to shorter-term planning
24:14 - How to amend the Articles of Incorporation and/or Bylaws to move away from a membership structure if there are no voting members left to approve the change
FURTHER READING
How to Prepare Your Nonprofit for a Bank Loan or Line of Credit
The Fundamentals of the Unrelated Business Income Tax (UBIT)
Periodically Check Key Performance Indicators (KPIs) to Keep Them Relevant
