Strengthening Your Financial Foundation: Strategies for Nonprofit Sustainability

Description

Financial stability is essential for nonprofit organizations to deliver on their mission and adapt to an ever-changing landscape. This session is designed specifically for leaders and financial managers of small to mid-sized nonprofits who are looking to build long-term sustainability. We’ll explore practical strategies to strengthen your financial foundation, improve planning and reporting, and support informed decision-making. With a focus on real-world challenges and actionable solutions, participants will gain insights into building resilience, maximizing resources, and aligning financial practices with strategic goals. 

Whether your organization is struggling with uncertainty, planning for growth, or simply looking to improve its financial practices, this session will offer tools and guidance to help you move forward with confidence. 

Key Takeaways: 

• Understand & Implement Key Elements of Financial Sustainability: Learn what financial sustainability means in the nonprofit context and how to assess the health of your organization’s financial foundation.
• Build Financial Literacy Across Leadership and Staff: Explore how to create shared financial understanding among board members, leadership teams, and program staff. 
• Plan for Resilience and Long-Term Impact: Learn strategies to prepare for financial uncertainties, strengthen reserves, and create adaptable financial plans for future growth.

Click Here to Register on 928Central’s Calendar

Meet our Speaker:

Doris Hotz, CPA, Abdo

Doris Hotz is a seasoned financial executive and licensed CPA in the state of Arizona, bringing over two decades of leadership experience in the nonprofit sector. A graduate of the University of Alabama, she earned her Bachelor of Science from the College of Commerce and Business Administration in 1992, with a major in Accounting.

Throughout her career, Doris has held executive roles, including more than 15 years as Chief Financial Officer for various nonprofit organizations. Her expertise spans financial consulting, strategic planning, and organizational scaling, with a strong emphasis on advisory services. She has served as a fractional CFO for multiple entities, providing critical insights into financial health, operational improvement, and sustainable growth.

Doris is also highly experienced in board governance and leadership, having advised numerous Boards of Directors on governance practices, financial reporting, and strategic direction. She has previously served on nonprofit boards in the healthcare sector, supporting mission-driven organizations through periods of change and growth.

Her work includes leading successful mergers and acquisitions, optimizing internal operations, managing complex regulatory requirements, and securing and overseeing grant funding. Doris is also passionate about mentorship and team development, fostering leadership and collaboration across diverse teams.

She is a member of the Arizona Society of CPAs.

AZ Impact for Good is proud to partner with 928 Central to support and strengthen the nonprofit community in Northern Arizona.