Many clubs operate thinking that it is the responsibility of the Treasurer to keep the club financially sustainable. This is an inaccurate assumption and one that can (and has) put clubs in a sticky situation. The reality is that the Treasurer’s responsibility is to record, report, and advise the board when it comes to all […]
For a non-profit organization, financial sustainability is important to ensure that it remains fully able to fulfill its mission and support its members in the foreseeable future. As the leader of your sports club, you need to know not only the costs it entails to deliver your programs and services but also the means to […]
Distinguishing Paid and Unpaid Volunteers Paying volunteers can pose several challenges to nonprofit organizations simply because many volunteers are truly not looking for compensation. Instead, focusing on upholding volunteers’ intrinsic values and motivations can lead to more healthier and optimal volunteer-organizational wide relationships. How is your nonprofit giving back to volunteers and demonstrating to them […]
Why Should You Adopt a Gift Acceptance Policy While it might be human nature to accept gifts graciously, we recommend weighing the pros and cons that this act may create for your organization. As a result, gifts can be a very challenging area for the majority of nonprofit organizations. Large and important, or small and […]
A budget is critical to the health and viability of your sports club, but often gets overlooked, underprioritized, or isn’t as robust as it should be. Your budget needs to include everything needed to maintain operations throughout the year such as league fees, coaching and operational wages, equipment costs, rent, and all other overhead. Here […]