Help for the Nonprofit CFO
Mary Diegert
Welcome! I’m a recently retired CFO with 25 years of experience in the nonprofit human services field. I have a master’s degree in accounting and an inactive CPA license. My most recent experience is fifteen years with a $20 million Catholic Charities agency in upstate New York. I’m also treasurer for a local community orchestra in which I play viola and my husband plays violin (and yes, we do make beautiful music together!)
My goal for this site is to share the lessons I’ve learned from my years of on-the-job experience as a nonprofit financial manager. I hope that as you explore the articles and posts you find here you’ll find practical advice that you can use as well as the voice of a sympathetic compatriot who understands where you’re coming from.
Please feel free to be in touch. I would love to hear from you! Contact me here.
ROLE OF THE NONPROFIT CFO IN EXECUTIVE MANAGEMENT
Essay 1 – The CFO-ED Relationship
Essay 2 – The Watchdog Responsibility
Essay 3 – Program Managers Part 1
Essay 4 – Program Managers Part 2
FINANCIAL REPORTING
Essay 5 – Financial Reporting for the Board of Directors
Essay 6 – The Income Statement
Essay 7 – Budget Variance Analysis
Essay 9 – Accounts Receivable and Accounts Payable
Essay 10 – The Balance Sheet – Part 1 – Assets and Liabilities
Essay 11 – The Balance Sheet – Part 2 – Net Assets
REVENUE RECOGNITION – CONTRIBUTIONS AND GRANTS
Essay 14 – Part 2 – Financial Statements and Year One Journal Entries
Essay 15 – Part 3 – Using Restricted Revenue in Year Two and Later
GRANTS MANAGEMENT
Essay 16 – Part 1 – The CFO’s Role in the Grants Game
Essay 17 – Part 2 – The Grant Proposal Budget – Overview
COST ALLOCATIONS