177: Mastering Your Financial Acumen as a Nonprofit Leader (Kevin Briscoe)

Kevin Briscoe177: Mastering Your Financial Acumen as a Nonprofit Leader (Kevin Briscoe)SUMMARYIs your organization positioned to navigate the unique strategic and financial challenges inherent in nonprofit settings? As a nonprofit leader, do you need more financial expertise but don’t know if you can afford it? In episode #177 of Your Path to Nonprofit Leadership, financial expert Kevin Briscoe helps today’s nonprofit leaders address their overall accounting needs and financial literacy. He defines what a fractional CFO is and how this model can benefit your nonprofit. Kevin breaks down the various accounting roles, the distinctions between them, and their place in the philanthropic sector. We discuss how to reduce expenses and increase cash flow projections to maximize funding opportunities.ABOUT KEVINKevin Briscoe is the Managing Partner of CFO Selections®, and stewards the culture and core values of the organization, including supporting the firm's philanthropic work through the CFOS Foundation. Throughout his career, Kevin has held ownership and management positions, providing effective leadership in increasing profitable growth. His professional career includes nearly 30 years in finance, accounting, and operations from Fortune 100, publicly traded corporations to small, closely held settings. Before joining CFO Selections® in 2007, Kevin was part owner of a successful lighting representative business, helping drive their growth from $30 to $70 million. He has also served as a financial member of South End Equities, where he was responsible for the purchase and management of a commercial real estate portfolio. His extensive experience in business strategy, management, and operations assists him in leading the firm. Kevin earned a Bachelor of Business Administration degree in accounting from Gonzaga University. He currently serves as Board Advisor for The Linehan Institute, and has served as a past Board member of the Electric League of the Pacific Northwest Charitable Foundation, as Co-Chair for the American Cancer Society ‘Race for a Cure’ benefiting Breast Cancer research, and also enjoys playing softball in Kent, where he lives with his wife and enjoys spending time with his four children and many grandchildren.EPISODE TOPICS & RESOURCESFire Doesn’t Innovate: The Executives Practical Guide to Thriving in the Face of Evolving Cyber Risks by Kip BoyleLearn more about Kevin and the work he does hereTake our Podcast Survey and let us know what you want to hear!Check out Patton’s new book Your Path to Nonprofit Leadership: Seven Keys to Advancing Your Career in the Philanthropic Sector