Episode 84: All about Not for Profit FP&A - Amy Omand
Show Notes
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
YouTube Video
Read the Transcript
Show Links
The Social Responsibility of Business: Kelly McElhaney. https://executive.berkeley.edu/kellie-mcelhaney
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