2026 Small Charities Week: Day 3 - When One Person Is Holding All the Financial Knowledge
About this episode
Aishat discusses the risks associated with relying on a single individual for financial management in small charities and offers practical solutions for building resilience.
🎁 Download your free Day 3 resource: Finance Resilience Checklist here Pick up a copy of my newly published interactive, activity-based resource designed to help build confidence with charity finance terminology:: Charity Finance A–Z: A Creative Crossword & Colouring Book Or explore the glossary-style guide: Charity Finance from A - Z Many small charities rely heavily on one trusted individual to manage the finances. They know the bookkeeping system, the banking, the payroll, the grant reporting, the passwords, the deadlines, and often the history behind every financial decision. The problem isn't that they're doing anything wrong. The problem is that the organisation may have become dependent on them. In this episode, Aishat explores key-person risk, volunteer dependency, founder dependency, and practical ways small charities can build financial resilience without creating additional complexity or employing a larger finance team. KEY TAKEAWAY Documentation is one of the simplest forms of resilience Key-person risk often develops gradually Succession planning isn't just for CEOs BEST MOMENTS "The issue isn't whether volunteers are committed. The issue is whether the…
More episodes of The Nonprofit Bookkeeper
- 2026 Small Charities Week – Day 7: What Financially Resilient Small Charities Do Differently
- 2026 Small Charities Week – Day 6: The Financial Conversations Small Charity Boards Avoid
- 2026 Small Charities Week: Day 5 - How Small Charities Can Build Reserves Without Feeling Guilty
- 2026 Small Charities Week: Day 4 - Restricted Funds: Looking Beyond the Bank Balance
- 2026 Small Charities Week – Day 2: Cashflow Pressure Doesn't Always Mean Failure
- 2026 Small Charity Week – Day 1: Strong Finance Without a Big Finance Team
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