Every non-profit begins with the CEO as de facto head of every department. Juggling finance with all aspects of program development and delivery.
It’s a matter of necessity through the start-up and early growth phase. But as operations expand, finance can soon become all-consuming.
So what then?
You’ve held the fort until now, by mastering finance at the overview level of a CEO. But as you ramp up budgets and activity, complexity sets in and stakes grow higher.
Unless you hail from a finance background, you’ll need an expert perspective from this day forward.
And if you’re a finance expert?
There’s still the matter of time, not to mention objectivity. Finance will start to dominate your working day, unless you’re delegating. While your decisions will be taken solo, with no secondary judgement.
In either scenario, stakeholders will be justifiably anxious. Leaving only one solution…
Someone you can trust with these essential duties:
Initially, it’s doubtful that you’ll need a full-time hire – or that your budget could stretch to one. Most non-profits find it’s easier to bring in someone on a part-time flexible basis to work the hours needed and steer the business through the first wave of expansion.
At Vanreusel Ventures, we can provide this flexible expertise.
As we see it, we’re preparing the ground for your first full-time CFO, who’ll take over one day to scale the business, building on our foundations.
The obvious answer is our experience with non-profits. We’ve helped a growing number of social enterprises to extend their impact programs outside the US by building scalable finance systems, attracting new donors, and more.
But there’s more to it than pedigree. It’s the way we work with you, in partnership.
As you may know, the few agencies that support non-profits typically follow a standard model, whereby each client is paired with a freelance consultant, based more on availability than matching criteria. The upshot being a lack of commitment, where the agency takes no ongoing interest and the consultant feels no sense of attachment.
Having seen the damage this causes for companies that are wholly reliant on donors, we took the decision early on that all our CFOs should work on staff, and work the Vanreusel Way. Meaning:
This is why we call it a partnership. We work not as a bolt-on, but as a key member of your team. So you get the loyalty and cultural fit of a full-time hire, with the flexible hours and deep expertise you’d expect from an agency.
A part-time CFO from the Vanreusel team will suit you if…