Fast Forward

“One of the best signs of a financially healthy nonprofit is a nonprofit that ends its operating year with a surplus," says Kate Barr, executive director of Nonprofits Assistance Fund. Barr has been making meaning out of financial information and strategies for decades, with stints as an arts administrator and a bank executive. Her goal is “to help people connect the dots between mission and business model.” In this episode, Barr talks about how funders consider which organizations they elect to collaborate with or support. She also explains the challenges of a one-size-fits-all approach to evaluating whether an organization qualifies for funding, and she breaks down the idea of core mission support.