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Financial Planning for Uncertain Times

Financial Planning for Uncertain Times

By: Melissa Lagowski CEO/Founder/Queen Bee Big Buzz Idea Group Does your organization have a reserve fund? According to an annual survey conducted by the National Council of Nonprofits, less than 25% of the survey participants had six months of reserves. The majority had less than three months of operating reserves, and 10% had less than 30 days cash on hand. Many nonprofit organizations have budgets that have them eking through the year with a minimal surplus or worse yet, a financial loss. Why any board member would disregard fiduciary responsibilities and approve a negative budget is beyond me, but that...

To Be Successful, Nonprofits and Associations Must Be Forward-Thinking

To Be Successful, Nonprofits and Associations Must Be Forward-Thinking

By: Melissa Lagowski Founder, CEO and Queen Bee, Big Buzz Idea Group “Insanity: Doing the same thing over and over again and expecting different results.” ~Albert Einstein Do you feel like your organization is in a rut? Does it seem like no matter what you do, your budget hasn’t seen growth and programs don’t expand as you had anticipated? Are you still struggling with staffing shortages or failing to fill those seats on the Board with engaged leaders? It is not uncommon for nonprofit organizations to rollover their same plan from year to year, but the reality is that if you...

Why Nonprofits Need to Evaluate Their Budgets Every Year

Why Nonprofits Need to Evaluate Their Budgets Every Year

By: Melissa Lagowski CEO, Founder and Queen Bee, Big Buzz Idea Group It’s that time of year when many clients are setting budgets for the year ahead. A budget is a crucial part of planning and execution. But all too often in the nonprofit world, budgets are simply carried over without questioning individual line items or evaluating partnerships. In taking a closer look and applying a forward-thinking, strategic mindset, we’ve helped our clients find areas where their organizations can trim excess spending and make those dollars work harder. Cost savings and more efficient, effective spending—that’s what we all want, right?...

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  • Client Spotlight: Hope For The Day
  • Chart a Path for Nonprofit Success

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Insights Blog Archive

  • 10 Tips to Cultivate Sponsor Relationships
  • Networking for Personal and Professional Growth
  • 3 Questions to Ask If You Hope to Grow Your Membership
  • 6 Tips for Healthy Collaboration with Your Board Chair
  • What’s Your Nonprofit’s Story
  • Why Nonprofits Need to Evaluate Their Budgets Every Year
  • How to Manage Your Organization During an Election Year Without Violating Your Nonprofit Status
  • 6 Tips for Recruiting Ideal Board Members
  • Four Step Process to Building Better Buy-In
  • The Hidden Costs Behind Your Fundraiser
  • Leadership Starts with You
  • Cyber Security: How To Protect Yourself In Today’s “Connected” World
  • The Need to Go Beyond Surveys
  • Silver Linings Discovered Amidst a Pandemic
  • Client Spotlight: Illinois Theatre Association
  • Tips to Ensure Event Safety
  • Promotion Ideas to Benefit Your Nonprofit – Part I
  • Team Culture Exists Beyond the Office Walls
  • Our Top Five Free Online Tools for Nonprofit Management Teams
  • Promotion Ideas to Benefit Your Nonprofit – Part II
  • Virtual Fundraising: 18 Ideas for Nonprofit Revenue
  • Nonprofit Event Venues 101
  • 3 Tips For Maintaining Your NPO’s Digital Assets
  • Fostering Board Engagement in Virtual Times
  • 5 Ways to Generate Sponsor Leads
  • Celebrate You and Avoid Nonprofit Burnout
  • 4 Ways Outsourcing Your Development Work Can Provide Value
  • Defining Your Value: Reclaiming Relevance to the Community You Serve
  • Time to Assess Your Year-End Campaigns
  • 9 Lessons Learned from Our First Virtual Conference
  • How to Keep Your Visuals On-Brand
  • Cancelling or Postponing Your Events in Light of COVID-19
  • Should Sponsorships Include Membership Dues?
  • Holding On When You Feel Like Throwing In the Towel
  • Lessons Learned in Nonprofit Management
  • Implementing Diversity, Equity & Inclusion at Your Nonprofit
  • How to Develop Your Nonprofit’s Audience Persona
  • Clearer Communication Is the Secret to Better Outcomes
  • Communication Tips to Advance Your Organization
  • Why Identifying and Communicating Your Core Values Is Important
  • Crisis Management: Are You Ready?
  • Big Buzz Has COVID-19 Resources For You!
  • Is Your Marketing Missing the Mark?
  • If You’re Feeling Hopeless of Late, Remember That Your Work Matters and You Do, Too
  • How to Secure Mega Sponsorships For Your Fundraising Event!
  • Boost Your Daily Productivity
  • Client Spotlight: Cyberjutsu
  • How to Hire a Consultant
  • Fundraising: Creating a Straighter Path to Revenue Growth
  • Innovative Approach to Volunteer Recruitment
  • 5 Tips for Prioritizing Your Mental Health in the Workplace
  • Cross-Train Your Team for Better Outcomes
  • 2020: A Lesson in Gratitude
  • Leveraging E-Newsletters For Nonprofit Growth
  • Why You Need to Establish Gratitude as a Pillar at Your Nonprofit
  • 11 Tips to Make Your Newsletter More Readable
  • Outsourcing: The Only Solution To Staffing Shortages
  • 5 Secrets to Streamlining Your Administrative Tasks
  • 3 Reasons Why Your Organization Should Use Canva
  • Goal-Setting For Successful Events
  • Meet Big Buzz, the Creators of Ribfest Chicago
  • Client Spotlight: Hope For The Day
  • Want To Retain Your Employees? Wellness in the Workplace Matters!
  • Chart a Path for Nonprofit Success
  • Never Overlook the Value of Gratitude
  • Why Your Nonprofit Needs Brand Guidelines
  • Becoming a Virtual Event Planner in an Instant
  • Securing Help from Your Board: Are You Ready?
  • Re-Imagine the Possibilities to Better Serve Your Mission
  • Grateful for Nonprofit Leaders
  • Put Some Zing in Your Zoom (Or Any Other Virtual Meeting)
  • Life After COVID-19: Next Steps for Your Nonprofit
  • Financial Planning for Uncertain Times
  • How Big Is Your Fire?
  • How To Secure More Donor Dollars
  • Self-Care: A Necessity for Successful Leadership
  • 50 Content Promotion Tactics: How to Drive Traffic to Your Next Article
  • Employee Retention Tax Credit Yields Powerful Opportunity
  • Tips For Meaningful #GivingTuesday Follow-Up
  • Board Nominating: A Better Way
  • Keep Your Mission in Mind to Maximize Results
  • Real Progress Requires Intention: What Do You Want to Achieve in 2020 for Your Nonprofit?
  • The Keys to Presenting Your Nonprofit Online
  • Engage Your Board – Start with Recruiting and End with A High-Performance Culture
  • Conference Call Hero – 6 Tips to Master the Art of Video and Audio Conferencing
  • Optimize Your Contact List for Nonprofit Growth
  • Please Send a Hi-res Copy of Your Logo
  • Something Good: Building Your Team’s Connection
  • Talk to Me! Prioritizing Internal Communications During Times of Transition
  • 8 Tips For Leading Productive Meetings
  • A Job Gone Wrong
  • The Board’s Hot (Summer) Topics
  • 5 Reasons to Outsource Instead of Rely on Volunteers
  • Why Is My Organization Not Growing?
  • Make Your Nonprofit Stand Out: Creating Impressions for Impact
  • The 3 Mistakes I Made Managing a Nonprofit
  • Word of the Year: Manifestation
  • Four Tactics to Resolve Nonprofit Staffing Shortages
  • How Nonprofits Can Use Social Media to Meet Goals
  • Organic Methods to Cultivate Sponsorship Leads
  • Interim Directors Provide Strength in Times of Transition
  • Fresh Funding Ideas Are Blooming
  • Big Buzz Idea Group Launches Additional Services
  • Budgeting for Your Nonprofit in Uncertain Times
  • 6 Tips for Cultivating Gratitude in the Workplace
  • The Compelling Case to Renew
  • Best Practices For Nonprofit Management
  • Nonprofit Form 990: Friend or Foe?
  • SPONSORSHIP 101: Growing Nonprofit Revenues
  • Spend Less. Do More. Your Guide to Effective Outsourcing
  • Organizational Operations Versus Organizational Strategy
  • The Importance of Authenticity in Sales and Networking
  • Are You Leaving Money On The Table?
  • Tips for Virtual Event Success
  • 7 Tips for Managing Hybrid Events
  • SPONSORSHIP 101: To Package or Not to Package
  • Should You Ever Cover Board Member Expenses?
  • DIY Event Photos
  • New Year’s Resolutions for Board Members
  • Take Time to Evaluate Your Events
  • The Taxman Cometh (Yes, Even For Your Exempt Organization)
  • Does Your Mission Have a Compelling Voice?
  • 4 Productivity Tips to Elevate Your Nonprofit
  • The Birth of a New Vision
  • Board or Bored Leadership – Enter the Magnificent Seven
  • How to Rewire Your Brain with Positive Thinking
  • Transparency and Nonprofit Organizations
  • Post-Pandemic Event Lessons
  • Making a Case for Strategic Planning
  • The Benefits of Outsourcing
  • Seven Tips to a More Productive Year for Your Organization
  • Four Pillars to Attracting and Retaining Ideal Employees
  • To Be Successful, Nonprofits and Associations Must Be Forward-Thinking

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CONTACT INFO

  • Big Buzz Idea Group
  • 4055 W. Peterson Ave., #105 Chicago, IL 60646
  • 773.804.8589
  • 773.804.8986
  • info@bigbuzzideagroup.com

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