“One of the myths I'd love to dispel is that nonprofits are not strategic. People think we aren’t forward thinking or just scrapping for change and trying to get things done. I've had the honor of working with organizations where we really focus on our mission in a nonprofit context in a very strategic way.”
You don’t want to miss this masterclass with Amy Omand. Omand is Fractional CFO, at 7 Seat Consulting, working with not for profits getting from early to mid-stage growth. In this episode she reveals her journey from managing FP&A at Dreyer’s Grand Ice Cream (bought by Nestle) to former CFO of New Schools Venture Fund and setting up her business focused on not-for-profits.
In this episode:
- Dreyer's ice cream Budgeting Experience - the problems that can melt financial analysis with a new ice cream line launch
- Passion for K12 education and the finance factor in education
- The differences-and similarities- between nonprofit and "for profit" FP&A
- Why cash is (still) king at nonprofits
- Restrictions placed on how money is spent by nonprofits
- Taking Revolution Foods, a Healthy School Lunch Company, through their first B Corporation certification
- Why Metallica works best for budget and modeling
- The comfort in numbers
Notes
The Social Responsibility of Business: Kelly McElhaney. https://executive.berkeley.edu/kellie-mcelhaney
Follow Amy Omand on LinkedIn
