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Next in NonprofitsAuthor: Next in Nonprofits
Next in Nonprofits interviews nonprofit leaders and service providers to keep you up to date with the best ideas in social good. Learn more at nextinnonprofits.com/podcast Language: en-us Genres: Business, Non-Profit Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Risk Management with Allison Wagstrom of Propel Nonprofits
Episode 159
Tuesday, 27 October, 2026
(This is an encore episode from last year - please enjoy!) Allison Wagstrom is the Senior Loan Officer for Propel Nonprofits, whose mission “fuels the impact and effectiveness of nonprofits with guidance, expertise, and capital.” Allison joins host Steve Boland to talk about the risks nonprofits face, and steps and tools they can use to manage that risk. Allison encourages charities to think in terms of revenue mix, program costs, infrastructure, and capital. She and Steve talk about examples in such areas of the emotional labor of program costs (because that is really people in most cases), the new risks where government funding is no longer as secure as it used to be, and how a cashflow projection may not ameliorate all fears but provides a way to examine fears on paper. Allison discusses the role of the board in these times, and both of them caution that now is still a year to consider building cash reserves, because the future may have even more risk on the horizon. Sunsetting, mergers, and acquisitions may be on the table in order to preserve mission impact. Propel Nonprofits manages a Resource Library for charities to use in learning about their own options. Listen now by clicking the player above, download the file for later here, or subscribe to the podcast on your phone for automatic updates. Get more details on how to subscribe on our podcast page.
